Target drops mandatory CEO retirement age, Cornell to stay

Published September 7, 2022 5:34 AM

By MICHELLE CHAPMAN and ANNE D’INNOCENZIO
AP Business Writers

NEW YORK (AP) — Target is dropping the mandatory retirement age for its CEO, allowing its Chief Executive Brian Cornell to stay on for three more years. Cornell would have passed mandatory retirement age in that span. Sales have grown steadily since Cornell took the top job in 2014 and Target, based in Minneapolis, became a lifeline to millions of people during the pandemic.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.