NEW YORK — Target is making more executive changes, promoting its Chief Financial Officer John Mulligan to the newly created role of chief operating officer.

Mulligan, who will also be executive vice president, assumes oversight of stores, supply chain and properties and he’ll help CEO Brian Cornell revamp Target. Cathy Smith, a seasoned retail executive, was named to replace Mulligan as CFO.

Monday’s changes come nearly two months after the Minneapolis retailer said that Kathyrn Tesija, an executive vice president, would shift to a strategic advisory role until she leaves the company in April.