U.S. retailer Target on Thursday named long-time PepsiCo executive Jim Lee as its chief financial officer effective Sept. 22.
Lee succeeds Michael Fiddelke, who was appointed as the company's chief operating officer early this year after serving as its finance chief since late 2019.
Lee has more than 25 years of financial, strategy and business experience and was most recently PepsiCo's deputy CFO.
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