Mulligan Upped to CFO at Target

John MulliganJohn Mulligan

MINNEAPOLIS-Target has promoted John Mulligan, currently senior vice president of finance, to executive vice president and chief financial officer, effective April 1.

A 16-year veteran of the mass merchant, Mulligan will succeed Doug Scovanner, who announced that he would retire in November 2011. Scovanner had served in these roles for the past 18 years. Mulligan will assume responsibility over Target's treasury functions, internal and external financial reporting, financial planning and analysis, financial operations, tax, assurance, investor relations and flight services.

Target also said after Scovanner's retirement, Terry Scully, president of Target financial and retail services, will report directly to Gregg Steinhafel, chairman, president and CEO. The retailer said this is to underscore its commitment to sell its credit card receivables. Scovanner will remain with Target in a part-time capacity until early November.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN May digital issue

    HFN's DIGITAL EDITION

    May 2017


    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    ALSO IN THIS ISSUE:

    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money