Target Makeover Continues as its No. 2 Executive Leaves
Kathee Tesija, who rose from an entry-level analyst job to become the chief shaper of Target Corp.’s style and decider of all the things it sells, is leaving in the highest-level executive change since a new leader arrived 10 months ago. Tesija is ending a 29-year career with the Minneapolis-based retailer, the past seven as executive vice president for merchandising and its de facto No. 2 executive. The company portrayed her departure as amicable and said she will continue to serve as a consultant and be paid her salary, which was $950,000 last year, along with bonus and other incentives until next spring.