Target names PepsiCo exec
Target Names Chief Financial Officer
Lee succeeds Michael Fiddelke, Target’s chief operating officer.
Target Corporation: Target Names Jim Lee Chief Financial Officer
A highly skilled leader with more than 25 years of financial, strategy and business experience at PepsiCo, Lee will oversee Target's finance function and join its leadership team Lee succeeds Michael
Target names PepsiCo exec as new chief financial officer
Jim Lee, the former deputy chief financial officer for Pepsi, will officially start in his new role next week, replacing Michael Fiddelke, who will then fully assume the role of chief operating officer, a job opening left by departing longtime executive John Mulligan, who is retiring, according to a Thursday morning release, .
Why Target poached a top PepsiCo exec to be its new CFO
For the CFO role at Target, Lee will receive an annual base salary of $850,000 and a cash sign-on bonus of $2.2 million, according to an SEC filing. Not only is Lee coming from PepsiCo, another Fortune 50 company, his international experience was most likely also appealing to the board, Rulke said.
Target names PepsiCo executive Jim Lee as CFO
U.S. retailer Target on Thursday named long-time PepsiCo executive Jim Lee as its chief financial officer effective Sept. 22. Lee succeeds Michael Fiddelke, who was appointed as the company's chief operating officer early this year after serving as its finance chief since late 2019.
Target Appoints PepsiCo Exec Jim Lee As New CFO as It Gears Up for Critical Holiday Season
Target has named a veteran of PepsiCo as its new Chief Financial Officer. Jim Lee, who has over 25 years of experience, will assume the role effective September 22nd. He succeeds Michael Fiddelke, who became Target's COO earlier this year.
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