Retail

Target's chief digital officer leaves company

Target said on Friday Chief Digital Officer Jason Goldberger, who had been with the company for four years, has left the retailer and his role will be taken over by two senior company executives.

The Minneapolis-based retailer said Goldberger's role will be split between Chief Information Officer Mike McNamara and Chief Merchandising Officer Mike Tritton.

"To provide clear accountability and speed up decision making, we will be transitioning Jason's responsibilities to two current leadership team members," Chief Executive Brian Cornell said in a statement. "Taking this body of work in a new direction will help advance our efforts in these key areas during a pivotal time for Target," Cornell said.

McNamara will be responsible for Target's website and digital strategy while Tritton will now oversee the pricing and promotions team, the statement said.

Target has struggled to rev up online growth which has lagged that of larger rivals like Amazon.com Inc and Wal-Mart Stores Inc, which recently splashed out over $3 billion to acquire e-commerce startup Jet.com.

In 2015, Target's tech spending stood at $1.5 billion. Target has said it will spend $1.8 billion this year on improving its e-commerce operations and $2 billion a year starting in 2017.

Goldberger's departure is the second high profile exit at Target in less than a month. Chief Marketing Officer Jeff Jones left the company last month to join Uber Technologies Inc .