Target has appointed Minsok Pak as EVP, Chief Strategy and Innovation Officer, effective Sept. 11, 2017. Pak brings many years of experience leading global retail and consumer companies. He will be responsible for enterprise strategy development and retail innovation designed to help enhance the retailer’s guest experience and accelerate growth. Pak will report to Brian Cornell, Chairman and CEO of Target.
“Minsok brings deep business acumen and proven leadership capabilities to Target,” said Cornell in a statement. “Throughout his career, he has counseled numerous companies and led through significant times of change. He brings strategic vision, an innovative spirit and an ability to address complex business challenges by capturing near-term opportunities and charting a course for the future.”
Most recently, Pak was SVP of LEGO Retail at The LEGO Group, where he led the company’s branded retail channel, which includes more than 250 stores and e-Commerce sites across 24 markets. He also held various roles at McKinsey & Company, where he led the company’s Digital Transformation group and was in charge of its internal digitization initiative. Pak also served as global EVO and Chief Strategy Officer at LG Electronics.