MINNEAPOLIS (November 6, 2014) — Today, Target Corp. (NYSE: TGT) announced it has hired Jacqueline Hourigan Rice as senior vice president, chief risk and compliance officer.
Rice joins Target effective December 1 and will report directly to Brian Cornell, chairman of the board and chief executive officer of Target. In addition, the company is elevating the position to include centralized oversight of enterprise risk management, compliance, vendor management and corporate security under her leadership.
Rice comes to Target from General Motors Company where she was most recently the chief compliance officer. Her 17-year-career with the company included key global leadership roles in areas that included ethics, compliance and data privacy.
“Earlier this year, Target stated our commitment to overhaul our information security and compliance structure and practices, and with that came the need to elevate the role of key positions in the company,” said Cornell. “Jackie is a proven leader with solid global experience and I know she has what it takes to help us move forward in this complex and ever-changing environment.”
"Throughout the process I was struck by the unwavering commitment and incredible talent across Target, and I am thrilled to begin this next chapter of my career,” said Rice. “I look forward to shaping the company’s vision on compliance and risk for the future.”
Earlier this year, Target announced that the company was overhauling information security and compliance which included external searches for leaders in those areas.
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,934 stores – 1,801 in the United States and 133 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit ABullseyeView.com or follow @TargetNews on Twitter.