0001104659-11-059411.txt : 20111101 0001104659-11-059411.hdr.sgml : 20111101 20111101114005 ACCESSION NUMBER: 0001104659-11-059411 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20111101 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111101 DATE AS OF CHANGE: 20111101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TARGET CORP CENTRAL INDEX KEY: 0000027419 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 410215170 STATE OF INCORPORATION: MN FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06049 FILM NUMBER: 111170242 BUSINESS ADDRESS: STREET 1: 1000 NICOLLET MALL CITY: MINNEAPOLIS STATE: MN ZIP: 55403 BUSINESS PHONE: 6123046073 MAIL ADDRESS: STREET 1: 1000 NICOLLET MALL CITY: MINNEAPOLIS STATE: MN ZIP: 55403 FORMER COMPANY: FORMER CONFORMED NAME: DAYTON HUDSON CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DAYTON CORP DATE OF NAME CHANGE: 19690728 8-K 1 a11-28922_18k.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)  November 1, 2011

 

 

Target Corporation

(Exact name of registrant as specified in its charter)

 

 

Minnesota

 

1-6049

 

41-0215170

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

 

1000 Nicollet Mall, Minneapolis, Minnesota 55403

(Address of principal executive offices, including zip code)

 

(612) 304-6073

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



 

Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

 

On November 1, 2011 Target Corporation announced that Douglas A. Scovanner, Executive Vice President and Chief Financial Officer, will retire on March 31, 2012.  A copy of Target’s press release announcing this event is attached as Exhibit 99.

 

Item 9.01               Financial Statements and Exhibits

 

(d)           Exhibits

 

(99)         Target Corporation’s News Release dated November 1, 2011

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

TARGET CORPORATION

 

 

 

 

 

 

Date: November 1, 2011

/s/ Timothy R. Baer

 

 

Timothy R. Baer

 

Executive Vice President, General Counsel

 

and Corporate Secretary

 



 

EXHIBIT INDEX

 

Exhibit

 

Description

 

Method
of Filing

 

 

 

 

 

(99)

 

Target Corporation’s News Release dated November 1, 2011

 

Filed Electronically

 


 

EX-99 2 a11-28922_1ex99.htm EX-99

Exhibit 99

 

 

 

FOR IMMEDIATE RELEASE

 

Contacts: Susan Kahn, Target Communications, (612) 761-6735

Target Media Hotline, (612) 696-3400

John Hulbert, Investor Relations, (612) 761-6627

 

 

Target EVP & CFO Scovanner to Retire in 2012

 

MINNEAPOLIS (Nov. 1, 2011) — Target Corporation (NYSE: TGT) announced today that Doug Scovanner will retire as Executive Vice President and Chief Financial Officer on March 31, 2012. No successor has yet been named, though Target’s reputation for attracting and developing exceptional talent throughout its organization has resulted in a strong leadership bench. To facilitate a smooth transition, Mr. Scovanner will remain in his current role for the next five months.

 

“Throughout his tenure with the company, Doug has been a valuable partner in developing and executing our strategy,” said Gregg Steinhafel, Chairman, President and CEO. “He has made many significant contributions to Target, and as a result of his financial leadership, Target continues to deliver outstanding sales and earnings growth and generate superior returns for our shareholders. I am grateful that we will continue to benefit from his experience and expertise during this extended transition timeframe.”

 

Mr. Scovanner began his career at Dayton Hudson Corporation in February 1994 as Senior Vice President, Finance. He became Chief Financial Officer later that year and was named to his current role as EVP and CFO in 1999.

 

“With Target’s strong core business and clear strategies for expansion, its prospects for continued profitable growth have never been brighter,” said Doug Scovanner. “I feel extremely fortunate to have played a role in guiding the financial and strategic direction

 



 

of this company over the years and I am committed to ensuring a seamless transfer of responsibilities to my successor.”

 

About Target

Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,767 stores across the United States and at Target.com. The company plans to open its first stores in Canada in 2013. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood.

 

For more information, visit Target.com/Pressroom.

 

 

# # #

 


 

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