Target.com President Departs

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Minneapolis - Former Target CE chief Steve Eastman has stepped down as president of Target.com.

The discounter said he "left to pursue other opportunities" but did not name a successor.

Eastman's exit comes as Target, and all retailers, enter the all-important holiday selling season, and follows a major revamp of the company's e-commerce site and infrastructure in August.

His departure also follows that of chief marketing officer Michael Francis, who left the company earlier this month for the president's post at JCPenney.

Eastman joined Target in 1982 and ran the discounter's CE, books and music business prior to his promotion to e-commerce president in 2008.

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