Target CEO Brian Cornell to Stay on for Three More Years, as Company Scraps Retirement Age

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Cornell, who is 63, has been Target’s chief executive since 2014.

Target CEO Brian Cornell agreed to stay in the role for about three more years, as the board eliminated the company's retirement age of 65.CEO Brian Cornell has agreed to stay on in his role for about three more years, as the retailer announced Wednesday that it's scrapping its retirement age of 65.

"We enthusiastically support his commitment and his continued leadership, especially considering his track record and the company's strong financial performance during his tenure," Monica Lozano, lead independent director of Target's board of directors saidCornell, who is 63, has been Target's chief executive since 2014. Under his leadership, Target has expanded its customer base and built on its reputation as a discounter with unique and fashion-forward merchandise.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in BUSİNESS

Business Business Latest News, Business Business Headlines