Target has appointed Tesco alum Mike McNamara as its new Executive Vice President (EVP) and Chief Information Officer (CIO). McNamara will replace Bob DeRodes, who is retiring after guiding Target’s information security efforts. He will report directly to CEO and Chairman Brian Cornell.
In his new position, McNamara will help Target advance its digital transformation and reaffirm its position as an omnichannel retailer. He will oversee the retailer’s technology team and operations, and will help shape overall enterprise strategy with the Target leadership team.
“Technology is critical for Target’s future success,” Cornell said. “So finding the right leader for this role was one of my absolute top priorities.”
As part of the Tesco executive team for more than 15 years, McNamara “has been a driving force for technology innovation throughout his career,” Cornell explained. “He’s got a stellar track record, and I’m excited to see how he’ll help our team continue to push new innovations that enhance the shopping experience for Target guests, both online and in stores.”
In 2011, McNamara was named the CIO of Tesco, helping the supermarket retailer modernize and advance its IT and supply chain worldwide. During his tenure, McNamara also helped Tesco unveil “scan-as-you-shop” capabilities and launched its innovation lab.
“I have long admired Target as a retailer and its legacy of putting customers first,” McNamara said. “To be part of an organization like Target and help shape the future of its technology and omnichannel strategy was a dream opportunity for me.”
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