Sign in

Brian C. Cornell

Chair of the Board and Chief Executive Officer (CEO) at TARGET
Board
Since August 2014
Age
65 years
Tenure
Joined TGT in August 2014 and has served as the Chair of the Board and CEO since then.

Also at TARGET

CAS
Cara A. Sylvester
Executive Vice President and Chief Guest Experience Officer
DHL
Don H. Liu
Executive Vice President, Chief Legal & Compliance Officer, and Corporate Secretary

About

A seasoned executive with over 30 years of leadership experience in the retail and consumer products industries, he has excelled in various high-profile roles at companies including PepsiCo Americas Foods, Sam’s Club, Safeway Inc., and Michaels Stores, Inc. His extensive career has honed his skills in global supply chain management, marketing, financial oversight, and risk management.

Prior to his current role, he broadened his influence by serving on the boards of several prominent organizations such as Yum! Brands, Inc., The Home Depot, Inc., OfficeMax Inc., and Polaris Industries Inc., contributing significantly to their strategic decisions and operational excellence.

Beyond his executive responsibilities at TGT, his active participation in industry leadership is evident from his roles on the executive committee of the National Retail Federation and as a member of The Business Council, underlining his commitment to driving innovation and excellence within the retail sector.

$TGT Performance Under Brian C. Cornell

Past Roles

OrganizationRoleDate RangeDetails
PepsiCo, Inc. Chief Executive Officer of PepsiCo Americas Foods N/A [N/A]Held leadership role in a major division of PepsiCo before joining TGT
Sam's Club Leadership Role N/A [N/A]Specific role not detailed
Wal-Mart Stores Leadership Role N/A [N/A]Specific role not detailed
Safeway Inc. Leadership Role N/A [N/A]Specific role not detailed
Michaels Stores, Inc. Leadership Role N/A [N/A]Specific role not detailed

External Roles

OrganizationRoleDate RangeDetails
Yum! Brands, Inc. Board Member N/A [N/A]Active position outside of TGT

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Salary$1,400,000 Annual (Fiscal Year 2023) Base salary; no additional fixed components reported

Performance Compensation

Data from  FY 2023

Non-Equity Incentive Plan (STIP)

Metric [USD]ThresholdTargetMaximumWeight/ComponentVesting Schedule / Payment Date
Annual STIP (Financial Component)$378,000 $1,876,000 $3,752,000 67% Financial Component; 33% Team Scorecard Payment in March following fiscal year; no vesting applicable

Notes: Maximum payment is four times salary. Eligibility requires employment on the payment date (unless exceptions apply).

Stock Awards

Performance Share Units (PSUs)

Metric [Shares/USD]ThresholdTargetMaximumGrant Date Fair ValueVesting / Evaluation Period
PSUs0 shares 51,534 shares 103,068 shares $8,400,042 Cliff vesting after a 3-year performance period (2023-2025); based on TSR vs. retail peer group

Performance-Based Restricted Stock Units (PBRSUs)

Metric [Shares/USD]ThresholdTargetMaximumGrant Date Fair ValueVesting / Evaluation Period
PBRSUs25,767 shares 34,356 shares 42,945 shares $6,320,473 Graduated vesting over 4 years; subject to financial metrics and service conditions

Interviews

Target CEO Brian Cornell on tariffs: Consumer will likely see price increases over the next few days thumbnail

Target CEO Brian Cornell on tariffs: Consumer will likely see price increases over the next few days

CNBC Television
6:28 min
Mar 4, 2025
Inside Brian Cornell's plan to get Target back on track thumbnail

Inside Brian Cornell's plan to get Target back on track

Yahoo Finance
10:44 min
Sep 26, 2024
Target CEO Brian Cornell goes one-on-one with Jim Cramer thumbnail

Target CEO Brian Cornell goes one-on-one with Jim Cramer

CNBC Television
10:49 min
Nov 16, 2023
Target CEO Brian Cornell on Q2 results: We continue to see an incredibly resilient consumer thumbnail

Target CEO Brian Cornell on Q2 results: We continue to see an incredibly resilient consumer

CNBC Television
5:39 min
Aug 21, 2024
On Target with CEO Brian Cornell at Evolve Global Summit 2023 thumbnail

On Target with CEO Brian Cornell at Evolve Global Summit 2023

CNBC Events
11:50 min
Nov 3, 2023
Target CEO Brian Cornell on price gouging: We're in a penny business thumbnail

Target CEO Brian Cornell on price gouging: We're in a penny business

CNBC Television
1:19 min
Aug 21, 2024
PepsiCo Foods + Target CEO on Why Inclusive Culture Matters thumbnail

PepsiCo Foods + Target CEO on Why Inclusive Culture Matters

Fortune Magazine
19:58 min
Nov 12, 2024