Watch CBS News

Target Adds Executive For New Role In Operations

NEW YORK (AP) — Target continues to reshape its management under its CEO Brian Cornell who came on board in just over a year ago.

The Minneapolis-based discounter has named Anu Gupta to a newly created role of senior vice president of operational excellence. She will lead a team that will simplify processes across the business to help the discounter react quickly to shoppers' needs.

Gupta will report to John Mulligan, the company's former chief financial officer who was named last month to a new position of chief operating officer. Gupta joins Target from private equity firm Hellman & Friedman and starts Oct. 12.

The moves come as Target, like many retailers, confront basic problems like keeping items in stock while responding to shoppers' new ways of buying like ordering online and picking up at the store.

(© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.