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Target Expands Board with Ex-Nike and HanesBrands Leaders
Target adds John Hoke and Steve Bratspies to its board to strengthen retail and design expertise ahead of CEO Michael Fiddelke's leadership, supporting growth and innovation.
- Target announced in Minneapolis that it had elected John Hoke, III and Steve Bratspies to its Board on Jan. 22, 2026, with Hoke joining March 1 and Bratspies April 1 ahead of CEO Michael Fiddelke's transition.
- John Hoke, III brings decades of design experience, having served more than three decades at NIKE, Inc. as the first chief innovation officer; Target said it added leadership to deliver style, design and value.
- Steve Bratspies brings M&A and merchandising experience, having led HanesBrands from 2020 through the 2024 sale of Champion and its acquisition by Gildan Activewear last year.
- Lead Independent Director Christine Leahy said `These appointments underscore the Board's continued commitment to strong governance and long-term value creation for shareholders`, while Target Corporation declared a quarterly dividend of $1.14 per common share payable March 1, 2026 for shareholders of record February 11, 2026.
- Target's size and omnichannel presence give the new directors a platform to shape innovation, product differentiation and customer value, as the company serves nearly 2,000 stores and Target.com.
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Target appoints former Nike and HanesBrands executives to board amid strategic shift
Target is adding two executives with deep experience at major brands to its board of directors, signaling the retailer's commitment to a strategic shift that incoming CEO Michael Fiddelke has identified as critical to the company's growth.
·United States
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Target Appoints Former Nike and HanesBrands Executives to Board of Directors
John Hoke, former Chief Innovation Officer at NIKE, Inc., will join the Board on March 1 and serve on the Governance & Sustainability and the Compensation & Human Capital Management committeesSteve Bratspies, former CEO of HanesBrands, will join the Board…
·Borger, United States
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Total News Sources17
Leaning Left0Leaning Right1Center8Last UpdatedBias Distribution89% Center
Bias Distribution
- 89% of the sources are Center
89% Center
C 89%
11%
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