Target Names Capitol Hill Veteran Zabel New General Counsel
“Target Corp. said Thursday it’s promoting senior vice president Matthew Zabel to executive vice president and general counsel as the company seeks continued growth in the face of rising wages and higher freight costs. Zabel, a former Justice Department lawyer and chief of staff to Sen. John Thune,” reports Brian Baxter in Bloomberg Law.
“In his new role, Zabel will be a member of the senior leadership team and oversee legal operations at the company, according to Target. Zabel’s promotion follows the company’s forecast in March for an operating profit increase, defying Wall Street expectations for declines in that metric. Target also said it would add $300 million in wage.”
