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

Target Adds Former 7-Eleven CEO Joe DePinto to Board Effective Aug. 1

Neutral Impact 2 of 5 leadership Written later

Target's Board of Directors elected Joe DePinto, former president and CEO of 7-Eleven, Inc., as a director on July 18, 2026, effective August 1, 2026. The filing says he will also serve on the Audit & Risk Committee and the Infrastructure & Finance Committee and will receive the standard non-employee director pay described in Target's 2026 proxy statement. The filing reports no financial results or other financial figures.

Key points

  • Joe DePinto elected to Target's Board by the Board on July 18, 2026, effective August 1, 2026
  • Appointed to the Audit & Risk Committee and the Infrastructure & Finance Committee, both effective August 1, 2026
  • DePinto, 63, was CEO of 7-Eleven, Inc. from 2005 to December 2025; the filing names prior roles at GameStop and PepsiCo
  • Filing states no related person transactions with Target and no arrangements under which he was selected

The filing

CompanyTarget (TGT)
Form8-K, current report
Filed with the SECJul 22, 2026, 4:16 PM ET
Accession number0000027419-26-000028

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 July 22, 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.