Target's Fisher Ousted As Head Of Troubled Canadian Unit

U.S. discounter Target Corp. has ousted the head of its troubled Canadian operations.

The Minneapolis-based company said on Tuesday that Target Canada president Tony Fisher is departing immediately and being replaced by Mark Schindele, senior vice-president of merchandising operations in the U.S., who has 15 years experience at the company.

Target also plans to name a non-executive chairman in Canada, a newly created advisory role “to provide counsel and support to the president of Target Canada to ensure all strategies and tactics align with the Canadian marketplace.”

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