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The company said its board elected John R. Hoke III as a director on January 21, 2026, effective March 1, 2026. He also joined the Compensation & Human Capital Management Committee and the Governance & Sustainability Committee on the same date.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its board elected John R. Hoke III as a director on January 21, 2026, effective March 1, 2026. He also joined the Compensation & Human Capital Management Committee and the Governance & Sustainability Committee on the same date.

  2. The company said its board elected Stephen B. Bratspies as a director on January 21, 2026, effective April 1, 2026. He also joined the Audit & Risk Committee and the Infrastructure & Finance Committee on the same date.

  3. The company said Hoke, 61, was NIKE's Chief Innovation Officer from November 2023 to June 2025. He served as NIKE's Chief Design Officer from June 2017 to November 2023 and currently sits on the board of MillerKnoll, Inc.

  4. Target said Bratspies, 58, served as Chief Executive Officer and director of HanesBrands Inc. from August 2020 to December 2025, and as Chief Merchandising Officer of Walmart Inc. from 2015 to 2020. The two new directors will receive the annual compensation Target provides to its non-employee directors, as described in its proxy statement.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

John R. Hoke III Elected as Director, Effective March 1, 2026

The company said its board elected John R. Hoke III as a director on January 21, 2026, effective March 1, 2026. He also joined the Compensation & Human Capital Management Committee and the Governance & Sustainability Committee on the same date.

Source · Based on the filing body and exhibits

Stephen B. Bratspies Elected as Director, Effective April 1, 2026

The company said its board elected Stephen B. Bratspies as a director on January 21, 2026, effective April 1, 2026. He also joined the Audit & Risk Committee and the Infrastructure & Finance Committee on the same date.

Source · Based on the filing body and exhibits

Hoke's Career at NIKE

The company said Hoke, 61, was NIKE's Chief Innovation Officer from November 2023 to June 2025. He served as NIKE's Chief Design Officer from June 2017 to November 2023 and currently sits on the board of MillerKnoll, Inc.

Source · Based on the filing body and exhibits

Bratspies' Career and New Director Compensation

Target said Bratspies, 58, served as Chief Executive Officer and director of HanesBrands Inc. from August 2020 to December 2025, and as Chief Merchandising Officer of Walmart Inc. from 2015 to 2020. The two new directors will receive the annual compensation Target provides to its non-employee directors, as described in its proxy statement.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.