Target Corp. has hired Jacqueline Hourigan Rice as SVP, chief risk and compliance officer, the company said.
Rice joins the Minneapolis-based chain effective Dec. 1 and will report directly to Brian Cornell, chairman and CEO. In addition, the company is elevating the position to include centralized oversight of enterprise risk management, compliance, vendor management and corporate security under her leadership.
Rice comes to Target from General Motors where she was most recently the chief compliance officer. Her 17-year-career with the company included key global leadership roles in areas that included ethics, compliance and data privacy.
“Earlier this year, Target stated our commitment to overhaul our information security and compliance structure and practices, and with that came the need to elevate the role of key positions in the company,” said Cornell. “Jackie is a proven leader with solid global experience and I know she has what it takes to help us move forward in this complex and ever-changing environment.”
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"Throughout the process I was struck by the unwavering commitment and incredible talent across Target, and I am thrilled to begin this next chapter of my career,” said Rice. “I look forward to shaping the company’s vision on compliance and risk for the future.”
Earlier this year, Target announced that the company was overhauling information security and compliance, which included external searches for leaders in those areas.
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