Target Stacks Its Board With Star Executives From Nike, HanesBrands - Target (NYSE:TGT)

Core Viewpoint - Target Corporation is enhancing its board with experienced leaders from Nike and HanesBrands while reaffirming its commitment to shareholders through a new dividend declaration Group 1: Board Appointments - John Hoke, III, a former design leader at Nike with over 30 years of experience, has been appointed to Target's board, focusing on innovation and value [1] - Steve Bratspies, former CEO of HanesBrands and ex-chief merchandising officer at Walmart, brings significant retail operations expertise to the board [3] - These appointments are intended to align with Target's strategic goals as it enters a new growth phase under CEO Michael Fiddelke [4] Group 2: Dividend Declaration - Target declared a quarterly dividend of $1.14 per common share, payable on March 1, 2026, to shareholders of record by February 11, 2026 [5] - At the time of the announcement, Target shares were trading at $105.48, reflecting a decrease of 0.53% [5]