Target’s innovation chief to depart

Move part of company’s exec team restructuring

Minneapolis – Amid its efforts to revitalize the business, Target Corp. is losing its chief strategy and innovation officer.

Casey Carl is leaving the company effective May 5 after 20 years climbing the ranks at Target. Target ceo Brian Cornell made the announcement to headquarters employees via email yesterday, according to The Minneapolis Star Tribune.

Carl had held his current post since Dec. 2014, when he was promoted from his role as president, omnichannel and svp, strategy. Since joining Target in 1997, he has held a variety of roles in merchandising, negotiations, operations and digital.
Casey Carl Target StoresCasey Carl has been with Target for 20 years

As innovation officer, Carl was charged with “leading Target’s overall transformation efforts,” the retailer noted upon his appointment. He is credited with introducing many forward-thinking projects, including a store-of-the-future concept with robots for the Silicon Valley market. But Target has begun dismantling several of his projects.

Cornell described Carl as a "true change agent" who came to Target’s digital aid. Upon his promotion to head in 2011, he helped the retailer rebound from several online glitches.

Cornell said Target is now is search of Carl’s replacement, and is looking for an executive who will boost the company’s core business, seek new opportunities and find new growth channels.

"Innovation is alive and well at Target," Cornell wrote in his email announcement. "Our new leader's job will be to build upon the progress we've made. And while this leader will play a critical role in Target's innovation story, it's not a story they will write alone. Innovation must be a mind-set, an essential component of every business, every strategy and every team."

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