Business Context and Reporting Period
This Form 8-K Current Report was filed by Target Corporation on June 24, 2013. The report discloses a specific corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report focused on personnel changes and does not contain financial statements or performance metrics.
Material Changes
The primary material change reported is the departure of a director:
- Mary N. Dillon resigned from the Board of Directors of Target Corporation, effective June 24, 2013.
- The resignation was in connection with her appointment as Chief Executive Officer of Ulta Salon, Cosmetics & Fragrance, Inc.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document strictly addresses the director resignation and lists the attached news release as an exhibit.
Key Facts for Investor Verification
- Verify the effective date of Mary N. Dillon's resignation (June 24, 2013).
- Confirm the reason for departure (appointment as CEO of Ulta Salon, Cosmetics & Fragrance, Inc.).
- Review the attached Exhibit 99 (News Release) for any additional details regarding the Board composition or transition.