Target Appoints Jim Lee
Target's CFO hire creates some intrigue at PepsiCo and Celsius
Analysts and investors are reacting to the Target (NYSE:TGT) nabbing Jim Lee away from PepsiCo (NASDAQ:PEP) to be the retailer's new chief financial officer. Jefferies analyst Corey Tarlowe said the firm was bullish on the development.
Target Hires PepsiCo Veteran Jim Lee As Finance Chief
Target named PepsiCo's Jim Lee as CFO and member of leadership team starting Sep. 22. Specifically, Lee will receive a cash sign-on bonus of $2.2 million.
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 Has a New CFO. Watch the Groceries Business.
Target stock was rising Thursday after the company said it has tapped a former PepsiCo executive to become its new chief financial officer. Jim Lee will succeed Michael Fiddelke as CFO starting Sunday.
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.
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.
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