Target names new board members
Senior executives from Yahoo! and Ecolab are the newest members of the board of directors at Target.
The retailer late Wednesday announced the addition of Douglas M. Baker, Jr., chairman and CEO of Ecolab Inc., and Henrique De Castro, COO of Yahoo! Inc., to its board, effective immediately.
Baker, 54, is a 24-year veteran at St. Paul, Minn.-based Ecolab. Prior to being named president and CEO in July 2004, Baker held key roles in marketing, sales and general management in both the U.S. and Europe. He became chairman in May 2006.
De Castro, 47, joined Yahoo! as COO last November after serving the prior seven years in a variety of leadership positions at Google, including global roles in media, mobile and platforms, partner business, strategy and sales. He also previously led teams at Dell and McKinsey & Company in Europe.
"We’re very pleased to welcome Doug and Henrique to our board," said Target chairman, president and CEO Gregg Steinhafel. "As Target continues to explore and seize profitable new opportunities in a rapidly-changing environment, we expect to benefit greatly from their organizational, operational and strategic insight, their significant global experience and perspective, and their unique leadership and digital expertise."