Douglas M. Baker, Jr. and Henrique De Castro Elected to Target Corporation's
Board of Directors
MINNEAPOLIS -- March 13, 2013
Target Corporation (NYSE:TGT) announced today that Douglas M. Baker, Jr.,
Chairman and CEO of Ecolab Inc. (NYSE:ECL), and Henrique De Castro, Chief
Operating Officer of Yahoo! Inc. (NASDAQ:YHOO) have been elected to its Board
of Directors, effective immediately.
Baker, 54, is a 24-year veteran at Ecolab, headquartered in St. Paul, Minn.
Prior to being named President and Chief Executive Officer in July 2004, Mr.
Baker held key roles in marketing, sales and general management in both the
U.S. and Europe. He became Chairman of the Board in May 2006.
Mr. De Castro, 47, joined Yahoo! as Chief Operating Officer in November 2012.
For the prior seven years, he held various senior leadership positions at
Google Inc.,including global roles in media, mobile and platforms, partner
business, strategy and sales.He also previously led teams at Dell and
McKinsey & Company in Europe.
“We’re very pleased to welcome Doug and Henrique to our Board,” said Gregg
Steinhafel, Chairman, President and Chief Executive Officer of Target
Corporation. “As Target continues to explore and seize profitable new
opportunities in a rapidly-changing environment, we expect to benefit greatly
from their organizational, operational and strategic insight, their
significant global experience and perspective, and their unique leadership and
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,787 stores
– 1,784 in the United States and three in Canada -- and at Target.com. Since
1946, Target has given 5 percent of its profit through community grants and
programs; today, that giving equals more than $4 million a week. For more
information about Target’s commitment to corporate responsibility, visit
For more information, visit Target.com/Pressroom.
John Hulbert, Financial Community, 612-761-6627
Stacey Wempen, Financial Media, 612-761-6785
Target Media Hotline, 612-696-3400
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