Target Management

Management criteria checks 3/4

Target's CEO is Brian Cornell, appointed in Aug 2014, has a tenure of 10.25 years. total yearly compensation is $19.20M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 0.083% of the company’s shares, worth MX$964.29M. The average tenure of the management team and the board of directors is 2.5 years and 6.3 years respectively.

Key information

Brian Cornell

Chief executive officer

US$19.2m

Total compensation

CEO salary percentage	7.3%
CEO tenure	10.3yrs
CEO ownership	0.08%
Management average tenure	2.5yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brian Cornell's remuneration changed compared to Target's earnings?
Date	Total Compensation	Salary	Company Earnings
Nov 02 2024	n/a	n/a	US$4b
Aug 03 2024	n/a	n/a	US$4b
May 04 2024	n/a	n/a	US$4b
Feb 03 2024	US$19m	US$1m	US$4b
Oct 28 2023	n/a	n/a	US$4b
Jul 29 2023	n/a	n/a	US$3b
Apr 29 2023	n/a	n/a	US$3b
Jan 28 2023	US$18m	US$1m	US$3b
Oct 29 2022	n/a	n/a	US$3b
Jul 30 2022	n/a	n/a	US$4b
Apr 30 2022	n/a	n/a	US$6b
Jan 29 2022	US$20m	US$1m	US$7b
Oct 30 2021	n/a	n/a	US$7b
Jul 31 2021	n/a	n/a	US$6b
May 01 2021	n/a	n/a	US$6b
Jan 30 2021	US$20m	US$1m	US$4b
Oct 31 2020	n/a	n/a	US$4b
Aug 01 2020	n/a	n/a	US$4b
May 02 2020	n/a	n/a	US$3b
Feb 01 2020	US$19m	US$1m	US$3b
Nov 02 2019	n/a	n/a	US$3b
Aug 03 2019	n/a	n/a	US$3b
May 04 2019	n/a	n/a	US$3b
Feb 02 2019	US$17m	US$1m	US$3b
Nov 03 2018	n/a	n/a	US$3b
Aug 04 2018	n/a	n/a	US$3b
May 05 2018	n/a	n/a	US$3b
Feb 03 2018	US$8m	US$1m	US$3b

Compensation vs Market: Brian's total compensation ($USD19.20M) is above average for companies of similar size in the MX market ($USD5.75M).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.

CEO

Brian Cornell (65 yo)

10.3yrs

Tenure

US$19,203,353

Compensation

Mr. Brian C. Cornell has been Non-Executive Chairman and Independent Director of Yum! Brands, Inc. since November 16, 2018 and September 18, 2015 respectively. He has been the Chairman and Chief Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Brian Cornell	Chairman of the Board & CEO	10.3yrs	US$19.20m	0.083% MX$ 972.3m
Michael Fiddelke	Executive VP & COO	less than a year	US$4.87m	0.011% MX$ 125.8m
A. Hennington	Executive VP & Chief Growth & Strategy Officer	9.3yrs	US$4.33m	0.0062% MX$ 72.8m
Don Liu	Strategic Advisor	less than a year	US$4.19m	0.0068% MX$ 80.0m
James Lee	Executive VP & CFO	less than a year	no data	no data
Matthew Liegel	Senior VP	2.6yrs	no data	0.0016% MX$ 18.6m
Brett Craig	Executive VP & Chief Information Officer	2.5yrs	no data	no data
John Hulbert	Vice President of Investor Relations	no data	no data	no data
Amy Tu	Executive VP	less than a year	no data	no data
Katie Boylan	Executive VP & Chief Communications Officer	8.9yrs	no data	0.0042% MX$ 49.4m
Lisa Roath	Executive VP & Chief Marketing Officer	1.3yrs	no data	no data
Melissa Kremer	Executive VP & Chief HR Officer	5.8yrs	no data	0.0074% MX$ 87.5m

2.5yrs

Average Tenure

49yo

Average Age

Experienced Management: TGT *'s management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brian Cornell	Chairman of the Board & CEO	10.3yrs	US$19.20m	0.083% MX$ 972.3m
Donald Knauss	Independent Director	9.3yrs	US$335.06k	0.0026% MX$ 30.9m
Robert Edwards	Independent Director	9.3yrs	US$335.06k	0.0022% MX$ 25.6m
Monica Lozano	Lead Independent Director	8.7yrs	US$370.06k	0% MX$ 0
Douglas Baker	Independent Director	11.7yrs	US$335.13k	0.00085% MX$ 10.0m
Christine Leahy	Independent Director	3.8yrs	US$310.03k	0% MX$ 0
Gail Boudreaux	Independent Director	3.2yrs	US$310.03k	0% MX$ 0
David Abney	Independent Director	3.3yrs	US$310.06k	0% MX$ 0
George Barrett	Independent Director	6yrs	US$326.69k	0% MX$ 0
Derica Rice	Independent Director	4.3yrs	US$310.03k	0% MX$ 0
Dmitri Stockton	Independent Director	6.7yrs	US$310.03k	0% MX$ 0
Grace Puma	Independent Director	2.3yrs	US$310.03k	no data

6.3yrs

Average Tenure

65yo

Average Age

Experienced Board: TGT *'s board of directors are considered experienced (6.3 years average tenure).

Target Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold Mex$20m worth of stock

Insufficient new directors

Target Corporation Announces Chief Financial Officer Changes

Senior VP recently sold Mex$3.0m worth of stock

Executive VP recently sold Mex$19m worth of stock

Target Names Amy Tu Chief Legal and Compliance Officer, Effective August 25, 2024

Recent updates

Third quarter 2025 earnings released: EPS: US$1.86 (vs US$2.10 in 3Q 2024)

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 24%

Upcoming dividend of US$1.12 per share

Insider recently sold Mex$20m worth of stock

Insufficient new directors

Second quarter dividend of US$1.12 announced

Target Corporation Announces Chief Financial Officer Changes

Target Corporation Declares Regular Quarterly Dividend, Payable December 10, 2024

Senior VP recently sold Mex$3.0m worth of stock

Executive VP recently sold Mex$19m worth of stock

Second quarter 2025 earnings released: EPS: US$2.58 (vs US$1.81 in 2Q 2024)

Investor sentiment improves as stock rises 21%

Upcoming dividend of US$1.12 per share

Target Names Amy Tu Chief Legal and Compliance Officer, Effective August 25, 2024

New minor risk - Share price stability

Now 21% undervalued after recent price drop

Target Corporation(NYSE:TGT) dropped from Russell 3000 Growth Index

Target Corporation Announces Executive Changes

Target Corporation Announces Plans to Roll Out A New Generative Artificial Intelligence (GenAI) Tool to Team Members At All of Its Nearly 2,000 Stores by August

Dividend of US$1.12 announced

Chairman of the Board & CEO recently sold Mex$121m worth of stock

Target Corporation Provides Earnings Guidance for the Second Quarter of 2024 and Reaffirms Earnings Guidance for the Full Year of 2024

First quarter 2025 earnings released: EPS: US$2.04 (vs US$2.06 in 1Q 2024)

Upcoming dividend of US$1.10 per share

Target Corporation, Annual General Meeting, Jun 12, 2024

New minor risk - Share price stability

Fourth quarter dividend of US$1.10 announced

Target Corporation Declares Regular Quarterly Dividend, Payable on June 10, 2024

Executive VP recently sold Mex$61m worth of stock

Wisner Baum Files Multiple Class Actions Alleging Several Companies Sold Benzoyl Peroxide Acne Products Without Warning Consumers That They Contain Unsafe Levels of Benzene, a Potent Human Carcinogen

Full year 2024 earnings released: EPS: US$8.97 (vs US$6.02 in FY 2023)

Target Corporation Provides Earnings Guidance for the First Quarter and Full Year 2024

Target Corporation to Report Q4, 2024 Results on Mar 05, 2024

Target Corporation Introduces New Brand, Dealworthy, Featuring Low Prices on Everyday Basics

Upcoming dividend of US$1.10 per share at 2.9% yield

Now 23% undervalued

Target Corporation Introduces More Than 1,000 New Products to Support Guests on Their Wellness Journey

Third quarter dividend of US$1.10 announced

Target Corporation Announces Executive Changes

Target Corporation Declares Regular Quarterly Dividend, Payable on March 10, 2024

Robbins Geller Rudman & Dowd LLP and Aqualaw PLC Reaches Settlements in Class Action with Costco Wholesale Corporation, CVS Health Corporation, The Procter & Gamble Company, Target Corporation, Walgreen Co. and Walmart Inc

Target Announces Easy, Affordable Holiday Meal for Under $25

Executive VP & Chief Growth Officer recently sold Mex$9.0m worth of stock

Executive VP recently sold Mex$36m worth of stock

Third quarter 2024 earnings released: EPS: US$2.10 (vs US$1.55 in 3Q 2023)

Target Corporation Provides Earnings Guidance for the Fourth Quarter of 2023

New minor risk - Share price stability

Investor sentiment improves as stock rises 20%

Upcoming dividend of US$1.10 per share at 4.0% yield

John J. Mulligan Retires as Chief Operating Officer of Target Corporation

Target Corporation to Offer Thousands of New, Affordable Toys Under $25 for the Holiday Season

Target Corporation Declares Quarterly Dividend, Payable on December 10, 2023

Target Corporation Increases Quarterly Dividend, Payable on December 10, 2023

Chairman of the Board & CEO recently sold Mex$67m worth of stock

Target Corporation Provides Earnings Guidance for the Third Quarter 2023

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age