Jim Lee, the former deputy chief financial officer for Pepsi, will officially start in his new role next week, replacing Michael Fiddelke, who will then fully assume the role of chief operating officer, a job opening left by departing longtime executive John Mulligan, who is retiring, according to a Thursday morning release, .

Kevin Lamour, currently UEFA’s deputy general secretary, will join FIFA as chief operating officer on Nov. 1, soccer’s world body told staff on Wednesday in an email seen by The Associated Press.

The CFO in question is Jim Lee, who will join the retailer and Fortune 50 company on Sept. 22 after a more than 25-year career at the multinational food and beverage company Pepsi

U.S. retailer Target on Thursday named long-time PepsiCo executive Jim Lee as its chief financial officer effective Sept. 22. Lee succeeds Michael Fiddelke, who was appointed as the company's chief operating officer early this year after serving as its finance chief since late 2019.

Target has named a veteran of PepsiCo as its new Chief Financial Officer. Jim Lee, who has over 25 years of experience, will assume the role effective September 22nd. He succeeds Michael Fiddelke, who became Target's COO earlier this year.