Target Corp Gets New Risk Chief; Ford, McDonalds' Names New Marketing Officers

Just in time for the holiday shopping season, Target Corporation TGT got a new chief risk and compliance officer. About a year ago, malware got installed in Target's computer system and eventually stole about 40 million customer credit card numbers. Effective Dec. 1, Target has named Jacqueline Hourigan Rice as senior vice president, chief risk and compliance officer. http://pressroom.target.com/news/target-names-jacqueline-hourigan-rice-as-senior-vice-president-chief-risk-and-compliance-officer Rice moves to Minneapolis-based Target from General Motors Co. GM where she was most recently the chief compliance officer. Her 17 years at GM included roles in compliance and data privacy -- as well as ethics. Also from the world of autos, Ford Motor Co. F named James Farley executive vice president and president of Europe, Middle East and Africa. Farly was previously executive vice president of Global Marketing, Sales & Service, a position to which he was appointed in 2007. https://media.ford.com/content/fordmedia/fna/us/en/news/2014/11/07/ford-announces-senior-leadership-team-changes.html Stephen Odell succeeds Farley as VP of Global Marketing, and both managers will continue to report to Chief Executive Mark Fields. Odell previously served as Chief Executive of Volvo Car Corp. from 2008 to 2010 and led Marketing, Sales and Service at Ford of Europe and at Mazda Motor Corp. in Japan, where he was responsible for leading the “Zoom Zoom” marketing campaign for Mazda. From the world of Super Bowl ads, McDonald's Corp. MCD named Kristy Cunningham its top strategy executive for the U.S. business, according to Advertising Age. http://adage.com/article/cmo-strategy/mcdonald-s-preps-super-bowl-exec-shuffle/295707/ All U.S. insights and research will report to Cunningham, according to Ad Age, which said Cunningham replaces Chris Cole, senior vice president-strategy, as the company prepares its Super Bowl campaign. A McDonald's representative told the magazine "'I'm lovin' it' is definitely here to stay." Amazon.com Inc. AMZN lost a senior editor in its publishing unit with the departure of Ed Parks, according to the New York Times. Parks will become an executive editor at Penguin Press. Amazon, which got its start as an online bookstore, has an image problem as a publisher, with "a growing group of prominent authors" lobbying the Justice Department to investigate Amazon for antitrust violations. “I will not miss those obstacles,” Parks told the Times. http://www.nytimes.com/2014/11/08/business/media/a-major-setback-for-amazons-publishing-unit.html?_r=0 At PepsiCo Inc. PEP, Zein Abdalla will retire as President of the Purchase, N.Y. snack and soda company effective Dec. 31, according to a terse filing with the Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/77476/000129993314001717/htm_50783.htm Abdalla served in his current role since September 2012 and is responsible for PepsiCo's food and beverage businesses in Continental Europe as well as the U.K. and sub-Sahara Africa. Abdalla's departure follows that in July of Brian Cornell, who had been seen as a potential successor to PepsiCo CEO Indra Nooyi. Cornell, left the company to become the Chief Executive at Target Corp.