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This profile was last updated on 2/3/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Brian C. Cornell

Wrong Brian C. Cornell?

Chairman and Chief Executive Offi...

Phone: (612) ***-****  HQ Phone
Target Corporation
1000 Nicollet Mall
Minneapolis , Minnesota 55403
United States

Company Description: Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 1800 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to...   more
Background

Employment History

Board Memberships and Affiliations

Education

  • bachelor's degree
    University of California Los Angeles
  • UCLA's Anderson School of Management
  • Bachelor's Degree
    University of California Los Angeles
  • Anderson Graduate School of Management
192 Total References
Web References
McNamara will report to Target chairman ...
www.drugstorenews.com, 3 Feb 2015 [cached]
McNamara will report to Target chairman and CEO Brian Cornell.
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So finding the right leader for this role was one of my absolute top priorities," Cornell stated.
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Looking ahead, I'm thrilled to join Target at a time when Brian and the leadership team are intensifying their investment in technology and prioritizing its role in Target's future success," McNamara stated.
Polaris : Investor Relations : Board of Directors
phx.corporate-ir.net, 13 Oct 2014 [cached]
Brian C. Cornell Chairman of the Board and Chief Executive Officer of Target Corporation
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Brian C. Cornell Chairman of the Board and Chief Executive Officer of Target Corporation
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Mr. Cornell, 52, has served as Chairman of the Board and Chief Executive Officer of Target Corporation since August 2014. Mr. Cornell served as the Chief Executive Officer of Pepsico Americas Foods at Pepsico, Inc., from March 2012 until July 2014 was the Chief Executive Officer and President of Sam's Club (now Sam's West, Inc.) and Executive Vice President of Wal-Mart Stores Inc. from April 3, 2009 to January 31, 2012. From June 4, 2007 to April 2, 2009, he served as the Chief Executive Officer of Michaels Stores Inc. He served as the Chief Marketing Officer and Executive Vice President of Safeway Inc. from April 23, 2004 to June 1, 2007 and was responsible for its merchandising, marketing, manufacturing, supply chain and on-line business. He has been a Director at Centerplate, Inc., a privately held company, since August 2010, and is a former Director of OfficeMax Inc., Kirin-Tropicana Inc., and The Home Depot, Inc. Mr. Cornell also serves on the Board of Visitors for the U.C.L.A. Anderson School of Management. Mr. Cornell's experience as Chief Executive Officer provides expertise in corporate leadership as well as significant experience in consumer products marketing and general management. Mr. Cornell also provides significant board experience as a director for other public companies.
Brian C. Cornell ...
www.sec.gov, 26 Feb 2007 [cached]
Brian C. Cornell (1)Executive Vice President and Chief Marketing Officer
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Brian C. Cornell was named Executive Vice President and Chief Marketing Officer of the Company in April 2004.Prior to joining Safeway, he was President of Pepsi Cola North America's ("PCNA") Food Services Division and Senior Vice President ("SVP") of Sales for PCNA, a role he assumed in March 2003.Prior to joining PCNA, Mr. Cornell was Regional President of PepsiCo Beverages International's European business, with the additional responsibility as SVP Non Carb Beverage Marketing.Mr. Cornell joined PepsiCo, Inc. when it acquired Tropicana from the Seagram Company in 1998.Mr. Cornell serves as a director, a member of the Audit Committee and a member of the Governance and Nominating Committee of OfficeMax.
July 31: Target Corp. taps ...
www.winnipegfreepress.com, 16 Jan 2015 [cached]
July 31: Target Corp. taps former PepsiCo executive Brian Cornell to be the retailer's new CEO
Brian Cornell named chairman ...
www.homechannelnews.com, 1 Aug 2014 [cached]
Brian Cornell named chairman and CEO at Target | Home Channel News Welcome! Log In / Create an Account Search this site:
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Brian Cornell named chairman and CEO at Target
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Brian Cornell
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Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company's former top executive Gregg Steinhafel.
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Cornell will assume his new responsibilities at Target on August 12 after most recently serving as CEO of PepsiCo Americas Foods for two years. He brings a well-rounded background in retail and CPG to Target. Prior to PepsiCo, Cornell served as president and CEO of Walmart's Sam's Club division for roughly three years. He came to Sam's Club after serving as CEO of Michaels Stores and also held the role of chief marketing officer at Safeway. Earlier in his career, Cornell held general management positions at PepsiCo, including president of Tropicana, president of PepsiCo beverages for Europe and Africa, and president of PepsiCo North America Foodservice.
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Cornell said he was honored and humbled to join Target as the first CEO hired from outside the company.
"I am committed to empowering this talented team to realize its full potential, lead change and strengthen the love guests have for this brand," Cornell said. "As we create the Target of tomorrow, I will focus on our current business performance in both the U.S. and Canada and on how we accelerate our omnichannel transformation."
In exchange for his services, Cornell will receive a lucrative compensation package that includes an annual salary of $1.3 million, a 2014 pro-rated cash incentive equal to 150% of his base sales and stock-based awards with a potential payout of $3.75 million. In addition, in 2015 Cornell will received stock-based awards with a potential value of $9 million. Target is also on the hook to compensate Cornell for incentive awards and grants he forfeits by leaving PepsiCo. Target said it would provide Cornell with a make-whole equity grant and a make-whole pro-rata annual bonus valued at more than $19 million, minus whatever portion of that amount Cornell is able to retain from his former employer. Target said it was unable to determine that amount at the time details of his compensation were disclosed in a filing with the Securities and Exchange Commission.
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Brian Cornell chairman and CEO Cornell
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Brian Cornell named chairman and CEO at Target
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