New chief merchandising officer & 1st chief digital officer @ Target

Steve’s breakdown: The past CMerchandisingO was a 30 year vet. The new one came from Nordstrom and has worked at Timberland & Nike. Smells like more change is on the way! Look into it: mark.tritton@target.com

MINNEAPOLIUS, MN: Target CorpTGT, -0.63% said Tuesday that it has hired Mark Tritton to serve as chief merchandising officer after a search that lasted nearly a year. Kathryn Tesija stepped down from the role on July 6, 2015 after more than 30 years with the company. Tritton joins from Nordstrom Inc. JWN, -1.06% where he was president of Nordstrom Product Group, overseeing merchandising, marketing, and other functions. The company also named Jason Goldberger to the newly-created role of chief digital officer. Goldberger joined the company in 2013 was named president of Target.com and mobile in 2014. Target shares are up 2.8% for the year so far, but down 5% for the past 12 months. The S&P 500 is up 1.1% for the year to date.

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