MINNEAPOLIS - February 29, 2016
Today Target Corporation (NYSE: TGT) announced the hiring of Arthur Valdez as executive vice president, chief supply chain and logistics officer. Valdez will lead Target’s supply chain transformation including planning, distribution and transportation. He will report to Target’s executive vice president and chief operating officer, John Mulligan.
Valdez is a seasoned supply chain leader with extensive experience in both direct-to-consumer and direct-to-store operations. He comes to Target from Amazon where he spent the last 16 years. During that time, he held leadership positions across the company’s global and domestic supply chain, including transportation, fulfilment and logistics. Most recently he was Amazon’s vice president of operations focused on the company’s international supply chain expansion. In addition, during his 20-plus year retail career, he also has held positions with Walmart and Kmart.
“While we’ve made significant progress in improving our operations, Target’s growth hinges on our ability to enhance the fundamental aspects of our business, starting with the supply chain,” says Mulligan. “Arthur’s leadership and experience will be a tremendous asset as we continue to drive improvements in end-to-end processes including leveraging our almost 1,800 stores to deliver a seamless experience for our guests.”
Valdez joins the company March 28 and will relocate to Minneapolis.
Media Contact: Molly Snyder (612) 696-3400
Investor Contact: John Hulbert (612) 761-6627
About Target Corporation
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,792 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, which today equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter.