Target Corp. said late Thursday it promoted Rick Gomez to executive vice president and chief marketing officer, effective Jan. 29. Gomez will be responsible for “furthering Target’s brand positioning and leading the integration of all marketing programs,” the company said in a statement. Gomez will report to Chairman and Chief Executive Officer Brian Cornell. Gomez joined the retailer in 2013 after roles at PepsiCo and other companies. Shares of Target rose 0.2% in late trading after ending the regular session down 2.2%. The S&P 500 index ended the day down 0.4%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News