The new chief financial officer will join the retailer on Sept. 22 after more than 25 years at the drinks maker, where he most recently served as deputy CFO.

Target on Thursday announced the appointment of longtime PepsiCo vet Jim Lee as its chief financial officer, one of several recent executive moves made by the Minneapolis-based retailer.

U.S. retailer Target on Thursday named Jim Lee as its chief financial officer effective Sept. 22. Lee succeeds Michael Fiddelke, who took on the role as operations head at the start of the year. Lee has more than 25 years of financial,