- Tuesday, Aug. 30, 2016
- NEW YORK (AP)
Target's chief marketing officer is leaving the company and heading to Uber.
The retailer announced in a regulatory filing Tuesday that Jeff Jones is leaving Sept. 9. Uber said Jones will be president of ridesharing and will be responsible for Uber's operations, marketing and customer support globally.
Jones had joined Target as head of marketing in 2012. His exit follows the departures of other executives, including the head of merchandising, who have left the Minneapolis-based company.
Target has been struggling of late in its reinvention. The company cut its profit forecast and a key sales outlook as it suffered its first decline in revenue at stores opened a least year in eight quarters.