Target Appoints PepsiCo Exec Jim Lee As New CFO
Target Names Chief Financial Officer
Lee succeeds Michael Fiddelke, Target’s chief operating officer.
Why Target poached a top PepsiCo exec to be its new CFO
For the CFO role at Target, Lee will receive an annual base salary of $850,000 and a cash sign-on bonus of $2.2 million, according to an SEC filing. Not only is Lee coming from PepsiCo, another Fortune 50 company, his international experience was most likely also appealing to the board, Rulke said.
Target names Jim Lee as CFO
Lee has more than 25 years of financial, strategy and business experience at PepsiCo (PEP.O), Target said, adding that he will oversee its financial planning and analysis, finance capabilities, internal audit and corporate development.
Target Names PepsiCo’s Jim Lee as Finance Chief
The new chief financial officer will join the retailer on Sept. 22 after more than 25 years at the drinks maker, where he most recently served as deputy CFO.
Target names PepsiCo exec as new chief financial officer
Target has hired a PepsiCo executive as its new chief financial officer, the latest move in a series of recent leadership changes at the Minneapolis retailer. Jim Lee, the former deputy chief financial officer for Pepsi,
Target names PepsiCo executive Jim Lee as CFO
U.S. retailer Target on Thursday named long-time PepsiCo executive Jim Lee as its chief financial officer effective Sept. 22. Lee succeeds Michael Fiddelke, who was appointed as the company's chief operating officer early this year after serving as its finance chief since late 2019.
Target Appoints PepsiCo Exec Jim Lee As New CFO as It Gears Up for Critical Holiday Season
Target has named a veteran of PepsiCo as its new Chief Financial Officer. Jim Lee, who has over 25 years of experience, will assume the role effective September 22nd. He succeeds Michael Fiddelke, who became Target's COO earlier this year.
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