Amendment: Target Corporation filed SEC Form 8-K: Leadership Update
$TGT
Department/Specialty Retail Stores
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 16, 2024
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
This Form 8-K/A amends the Form 8-K filed by Target Corporation (“Target”) on January 18, 2024, which reported the intention of Don H. Liu, Executive Vice President and Chief Legal & Compliance Officer, to retire from Target. On August 12, 2024, Target and Mr. Liu entered into an agreement (the “Transition Agreement”) providing that Mr. Liu will be employed by Target as a non-executive officer in a strategic advisor role, commencing August 24, 2024 and ending May 24, 2025. Throughout the term of the Transition Agreement, Mr. Liu will continue to receive the rate of base salary currently in effect and the same target bonus opportunity as members of Target’s leadership team.
The foregoing description of the Transition Agreement is qualified in its entirety by reference to the full text of the Transition Agreement, a copy of which will be filed as an exhibit to Target’s Quarterly Report on Form 10-Q for the fiscal quarter ending November 2, 2024.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TARGET CORPORATION | ||||||||
| Date: August 13, 2024 | By: | /s/ Melissa K. Kremer | ||||||
| Name: Melissa K. Kremer | ||||||||
| Title: Executive Vice President and Chief Human Resources Officer | ||||||||