After bringing a variety of successful collections and partnerships to Target, Kathee Tesija, the retailer’s Executive Vice President, Chief Merchandising and Supply Chain Officer has stepped down. Starting July 6, Tesija will move into an advisory role until Target finds her replacement.
In her new role, Tesija will “spend the next several months contributing to key enterprise initiatives and ensuring a smooth transition of her responsibilities,” said Brian Cornell, Chairman and CEO of Target. “This role is critical to ensuring Target’s future success and we are conducting a comprehensive external and internal search for a new leader.”
Cornell credits Tesija for being “instrumental” in driving Target’s growth and selecting the chain’s various collections. She joined Target in 1986 as a merchandise analyst, and eventually rose up the ranks in various divisions. She will receive severance pay of $4.44 million, according to a company filing.
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