Target Corporation announced on November 11, 2026, that its Board of Directors has elected Sally Grimes as a new director, effective December 1, 2026. Ms. Grimes will also serve on the company's Audit & Risk Committee and the Infrastructure & Finance Committee, both effective as of December 1, 2026.
Ms. Grimes, 55, brings extensive experience in consumer brands and business transformation. Her most recent role was Chief Executive Officer, North America, at Diageo plc, a position she held from September 2023 to March 2026. Prior to Diageo, she served as CEO of Clif Bar & Company from May 2020 to February 2023. Before that, she held senior leadership positions at Tyson Foods, Inc., including Group President, Prepared Foods; President, Retail; and Chief Global Growth Officer.
The filing notes that Ms. Grimes previously served on the board of directors of Beyond Meat, Inc. from May 2021 to May 2024. She currently serves as Executive Director of Knowing NOAH, The Noah John Grimes Family Foundation. The company stated that there are no arrangements or understandings between Ms. Grimes and any other person regarding her selection, and there are no related person transactions between her and Target.
Ms. Grimes will receive the standard annual compensation provided to Target’s non-employee directors. The filing references an exhibit (99) which includes a news release detailing her background and stating that her appointment is intended to support the company's strategy to build its next chapter of growth.