<p><strong>MINNEAPOLOS, MN -</strong> The Target Corporation announced today that Doug Scovanner will be retiring as Executive Vice President and Chief Financial Officer in March of 2012. His next five months will allow for smooth transition as no successor has yet been named. Mr. Scovanner began his career at Dayton Hudson Corporation in 1994 as Senior Vice President of Finance. Later that year, he became Chief Financial Officer and was named to his current role as EVP and CFO in 1999. Doug Scovanner. “I feel extremely fortunate to have played a role in guiding the financial and strategic direction of this company over the years and I am committed to ensuring a seamless transfer of responsibilities to my successor.”</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p>www.target.com</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">
