Who Owns Target? – Know More Interesting Facts

Target is one of the largest retail companies in the world and it stands strong in the business of satisfying the customer’s wants and sometimes even more than they expect. Many customers have shared their reviews on how they come back with a lot of items after visiting the store to get just a few things because of the availability of various products from diverse sections and how cheap they are. You can’t just get enough of Target! The industry retailing can be very competitive only a strong-willed and smart thinker can put together and push a company to the top. So we wonder who owns Target?

Who Owns Target? - Know More Interesting Facts

Target which we all know about is owned by Target Corporation with Brian Cornell as the CEO and Board Chairman owning over 30,000 units of stock in the company which is worth over $26,811,253. He was born in Newyork city, the U.S in 1958. He had his tertiary education at the University of California, Los Angeles(UCLA) where he majored in Business and Management.

Brian Cornell took the role of CEO at Target after there was a great issue of credit card data breach under the tenure of Gregg Steinhafel. Brain has since then been on the move to take the company back to the top competitive market by making inquiries from customers, and making visits to some of the target stores so he can have a personal view of what is going on.

Leadership is action, not position – Donald H. McGannon

Knows very well what management and growth of a company entails

It’s a very strong approach if I must say because he has shown that he knows very well what management and growth of a company entails and it is obvious that he isn’t just there to be a figurehead but to make a great impact on the development of the company just like he has done in other companies that he has had the opportunity to oversee.

Proven record as a leader

We can say for a fact that he is sort after by great companies because of how he has proved himself in his previous positions like CEO of Michaels, Chief Marketing Officer and executive vice president of Safeway Inc, CEO of Sam’s Club, CEO of PepsiCo America’s Foods and many more. With these, we can tell he has a proven record as a leader.

Brian Cornell is prominent for his leadership roles some recent roles which include him being the Chairman of the retail industry leaders association and also the Board of Directors of Yum! Brand since 2015.

Brian Cornell is making a name for himself in the retailing industry

It is with no doubt that Brian Cornell is making a name for himself in the retailing industry as he was awarded “The Visionary” by the National Retail Federation for the year 2022. According to the NRF president and CEO, 

Matthew Shay “Brian Cornell’s purpose-driven leadership and strategic vision reflect an unwavering commitment to his team and a keen ability to cut through the noise and truly understand what American families want and need (Jamie Grill-Goodman,2021).

What is his net worth?

The illustrious Brian Cornell is worth about 83.7million dollars.

Who is the founder of Target Corporation?

George Dayton is the founder of Target Corporation which was formerly known as Dayton’s department store.

How many stores does target have?

Target has 1,934 stores.

As we all know a happy employee delivers good results and In turn contributes to the growth of the company. They focus on making sure that their staffs are well trained and knowledgeable about their products and the company’s goals so they can give their very best for customer satisfaction.

Brian Cornell is a living example of how a leader should be, some of the leadership qualities we can draw from him are:

  • His zeal to make improvements: This is very important as a leader, if you’re not striving to make a positive change then what is the plan? Since Brian Cornell took the leadership role at Target he took the approach of physically communicating with the customers so he can gain insights from their reviews on how to do better for the company. Something not many CEOs will do.
  • He promotes inclusivity: Just so that the customers can feel appreciated in whatever target store they walk into regardless of their gender he made room for restrooms that suit the needs of transgenders.
  • Others include Humility, patience, strategic thinking, and being driven by purpose.

Good leadership with like-minded subordinates is all it takes to move a company from 0-100, As a leader always strive to leave a good footprint wherever you are.

FAQS

How old is Brian Cornell?

He is 64 years old.

Who is Brian Cornell married to?

He is married to Martha Cornell

How many kids does he have?

He has two kids, Megan Cornell and Jonathan Cornell

Who Owns Target? – Know More Interesting Facts

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