Retailer target (NYSE:TGT) has poached Cathy Smith from pharmacy benefits manager Express Scripts to be its new chief financial officer.
She will join the company at the start of next month, and while she is getting her feet under the desk she will be advised by John Mulligan, who has been promoted to the role of chief operating officer, also from the beginning of next month.
Mulligan, who has been with target since 1996, will oversee stores, supply chain and property issues.