US: Mulligan named new Target CFO
Retail giant Target Corporation has named John Mulligan as the company’s new CFO, promoting him from his previous position as senior vice president, finance.
Mulligan takes up the post on 1 April, replacing Doug Scovanner, the company’s CFO for the past 18 years, who will stay on in a part-time capacity until November this year.
Mulligan has been with Target for 16 years, in various roles in finance, Target.com and HR, and was most recently responsible for treasury, internal and external financial reporting and financial operations.
“John brings significant financial experience and strategic perspective to this new role,” said Gregg Steinhafel, Target chairman, president and CEO.
“I am confident that he will sustain the financial discipline and stewardship Target has enjoyed during Doug’s tenure, and believe John’s strong leadership and record of performance make him a valuable addition to our Target executive team.”
The following is a general roundup of US apparel and shoe retailers' April 2012 sales results....
- MYANMAR SNAPSHOT: Textile and apparel industry
- Alliance members buy more products from Bangladesh
- Clothing seen as central focus for new Tesco CEO
- Indian apparel exporters discuss policy changes
- Change management key to PLM project success
- Crystal Group improves worker communication
- TIMELINE: Charney ousting from American Apparel
- Columbia Sportswear fined for mislabelled clothing
- “Made in USA” company rapped for deceptive claims
- VF Corp books "solid" Q2 performance
- Global market review of denim and jeanswear – forecasts to 2020
- Management briefing: Sourcing shifts: Changes and challenges
- Ethiopia – the emerging textile and clothing industry
- American Eagle Outfitters, Inc. : Reacting to a need for change
- Plunkett's Apparel & Textiles Industry Almanac 2014: Apparel & Textiles Industry Market Research, Statistics, Trends & Leading Companies