MINNEAPOLIS -- Kenneth B. Woodrow has been named president of the Target Stores discount division of Dayton Hudson Corp.
Robert J. Ulrich, who was named chief executive officer of Dayton Hudson Corp. in April, will remain chairman and ceo of Target, focusing primarily on merchandising and marketing.
Woodrow has been with Target 24 years, going from store manager to his most recent post as vice chairman. The post of president has been vacant since 1991. As president, Woodrow has all store operations now reporting to him. Target is DH's largest operating division, with annual revenues of $11.7 billion and a total of 567 discount stores in 32 states. Ulrich was named DH's ceo when Kenneth A. Make announced his plan to retire on July 1. At that time, Ulrich will also become chairman of DH.
In another move, Ulrich said Henry T. DeNero, DH vice chairman since 1992, will leave the corporation June 1. The post is being eliminated.
Prior to joining Dayton Hudson, DeNero was with McKinsey & Co. for 19 years, most recently as a director in its Los Angeles office.
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