Target CEO to Remain in Leadership Role as Company Eliminates Retirement Policy
Retail TouchPoints
SEPTEMBER 7, 2022
Target has received a commitment from CEO Brian Cornell to remain with the company for approximately three more years, beyond the company’s traditional retirement age of 65. Cornell’s decision to remain in the leadership role was made following last month’s news of Target’s Q2 2022 performance, which saw net earnings drop 90% from Q2 2021. After receiving the commitment from Cornell, who is 63 years old , the board of directors eliminated Target’s retirement policy.
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