Target has named a veteran of PepsiCo as its new Chief Financial Officer. Jim Lee, who has over 25 years of experience, will assume the role effective September 22nd. He succeeds Michael Fiddelke, who became Target's COO earlier this year. Lee will oversee financial planning, analysis, and corporate development. This leadership shift comes as the retailer prepares for the critical holiday season, aiming to attract cost-conscious shoppers.