MINNEAPOLIS, Aug. 10,
2022 /PRNewswire/ -- Target Corporation (NYSE:
TGT) announced today its board of directors elected Grace Puma as a new director, effective
immediately. She will serve on the Audit & Risk and
Infrastructure & Finance Committees.
Puma most recently retired from her role as executive vice
president and chief operations officer at PepsiCo where she led
global operations, global procurement, employee health and safety,
global security and holistic cost management. During her 12-year
tenure at PepsiCo, which generated more than $75 billion in net revenue in 2021, Puma held
numerous executive leadership roles, including senior vice
president, chief supply officer and senior vice president, global
chief procurement officer. Prior to PepsiCo, Puma served as senior
vice president and global chief procurement officer at United
Airlines. In addition, she worked in various leadership roles at
Kraft Foods, including serving as vice president of global indirect
materials and services procurement.
She currently serves on the board of directors of Organon &
Co., a global women's healthcare company, and previously served as
a board member for Williams-Sonoma, Inc. and Marietta Corporation.
Puma was ranked on the Most Powerful Latina list by Fortune
magazine in 2017, 2018 and 2019, and she was named to the inaugural
Most Powerful Latinas Hall of Fame by the Association of Latino
Professionals in 2021. ExecRanks (now AdvisoryCloud) also
recognized Puma as the No. 4 Chief Procurement Officer in 2013.
"Grace brings a deep understanding of the complexities of the
global operating environment, the consumer landscape and the guests
we serve. Her knowledge of supply chain, procurement and operations
will provide valuable insights that complement current board
strengths, and her leadership acumen and perspective will further
position Target for growth and success in the evolving
marketplace," said Brian
Cornell, chairman and CEO of Target. "I'm pleased to
welcome Grace to Target and am confident in the expertise she will
bring to our board."
Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at
Target.com, with the purpose of helping all families discover the
joy of everyday life. Since 1946, Target has given 5% of its profit
to communities, which today equals millions of dollars a week.
Additional company information can be found by visiting the
corporate website and press center and by following
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SOURCE Target Corporation