Target Corporation (NYSE:TGT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March5, 2018 the Board of Directors elected Dmitri L. Stockton as a director of Target Corporation.
Mr.Stockton served as Chairman, President& Chief Executive Officer of GE Asset Management Incorporated and Senior Vice President of General Electric Company from May2011 to December2016. Most recently he was Senior Vice President and Special Advisor to the Chairman of General Electric Company from July 2016 to March 2017.
The Board has appointed Mr.Stockton to the Audit& Finance Committee and the Infrastructure& Investment Committee.
Mr.Stockton will receive a one-time grant of RSUs with a $50,000 grant date fair value and the annual compensation we provide to non-employee directors described in our proxy statement.
A copy of the News Release describing this change to the Board of Directors is attached as Exhibit(99).
Item 9.01 Financial Statements and Exhibits
(d) Exhibits