AI brief of an SEC Form 8-K · Target (TGT)

Target names Lisa Roath COO effective Feb. 15; Rick Gomez steps down as chief commercial officer

Neutral Impact 4 of 5 leadership Written later

Target said Lisa Roath, a 48-year-old Target veteran, will become Executive Vice President and Chief Operating Officer on February 15, 2026, with an annual base salary of $775,000. Rick Gomez, Executive Vice President and Chief Commercial Officer, will step down from that role on the same date and move to an advisor role until April 17, 2026, when he is expected to leave the company with severance.

Key points

  • Lisa Roath appointed Executive Vice President and Chief Operating Officer, effective February 15, 2026
  • Roath's annual base salary is $775,000; she has been with Target since 2006
  • Rick Gomez steps down as Executive Vice President and Chief Commercial Officer effective February 15, 2026
  • Gomez stays as a non-executive advisor until April 17, 2026, and is expected to receive severance under the Income Continuation Plan

The filing

CompanyTarget (TGT)
Form8-K, current report
Filed with the SECFeb 10, 2026, 7:01 AM ET
Accession number0000027419-26-000006

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.