Brian Cornell

Brian Cornell
Born 1959
Queens, New York City, US
Alma mater University of California, Los Angeles
Occupation Businessman
Known for Chairman & CEO of Target
Salary US$28.1 million (2014)[1]
Board member of

Brian Cornell (born c. 1959) is an American businessman. Cornell serves as the Chairman and Chief Executive Officer (CEO) of the Target Corporation.

Early life

Brian Cornell was born in 1959 in Queens, New York City.[2] Cornell grew up in a fatherless household from the age of six, and his mother was living on welfare due to heart disease.[3] As a result, Cornell was mostly brought up by his maternal grandparents.[3]

Cornell graduated from the University of California, Los Angeles (UCLA) in 1981.[4][5] Cornell attended the UCLA Anderson School of Management in 1991.[4][5]

Business career

Cornell served as the Chief Marketing Officer and the Executive Vice President of Safeway Inc., from 2004 to 2007.[5][6]

Cornell served as the CEO of Michaels from 2007 to 2009, the CEO of Sam's Club from 2009 to 2012,[3] and the CEO of PepsiCo Americas Foods, a subsidiary of Pepsico, from 2012 to 2014.[5][6]

Cornell served on the Board of Directors of OfficeMax, from 2004 to 2007, and of The Home Depot, from 2008 to 2009.[5] Cornell has also served on the Board of Directors of Centerplate and Polaris Industries.[2][5] Cornell has served on the Board of Directors of Yum! Brands since September 2015.[7] He is also the chairman of the Retail Industry Leaders Association board, which he has served on since 2015.[8][9]

On August 12, 2014, Cornell replaced Gregg Steinhafel as the Chairman and CEO of Target.[6] Cornell's leadership style is at once data-driven and hands-on.[3] During his tenure, Cornell has shut down the loss-incurring Canadian presence known as Target Canada (formerly owned by Zellers).[3] Cornell has hired many outsiders to update the corporate culture.[3] Cornell occasionally visits Target stores and asks guests specific questions about their shopping experiences.[3]

Academic support

Cornell serves on the Board of Visitors[10] of the UCLA Anderson School of Management.[4]

References

  1. ↑ http://www1.salary.com/Brian-C-Cornell-Salary-Bonus-Stock-Options-for-TARGET-CORP.html
  2. 1 2 "Investor Relations: BOARD OF DIRECTORS". Polaris. Retrieved 20 August 2015.
  3. 1 2 3 4 5 6 7 Wahba, Phil. "Target Has a New CEO: Will He Re-Energize the Retailer?". Fortune. Retrieved 20 August 2015.
  4. 1 2 3 "Who's Who: Board of Visitors". UCLA Anderson School of Management. Retrieved 20 August 2015.
  5. 1 2 3 4 5 6 "Wal-Mart Stores Inc (WMT:New York): Brian C. Cornell". Bloomberg Business. Retrieved 20 August 2015.
  6. 1 2 3 Loeb, Walter. "Target's New CEO Brian Cornell Lacks Innovative Pizzazz". Forbes. Retrieved 20 August 2015.
  7. ↑ "Target CEO Brian Cornell joins Yum! Brands board". www.bizjournals.com. 2015-09-18. Retrieved 2018-07-19.
  8. ↑ "Brian Cornell". Target Corporate. Retrieved 2017-12-11.
  9. ↑ "Target CEO named chairman of RILA". Retail Dive. Retrieved 2018-07-19.
  10. ↑ http://www.econ.ucla.edu/about/?p=bov
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