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Retail Dive
Retail Dive
6/15/2026
Target’s Brian Cornell to remain executive chairman after proposal rejected

Target’s Brian Cornell to remain executive chairman after proposal rejected

Short summary

Target shareholders voted against making the board chair an independent director, allowing CEO Brian Cornell to remain in the executive chairman role despite some governance concerns.

  • •Target shareholders rejected proposal for independent board chair
  • •CEO Brian Cornell retains dual executive chairman position
  • •Vote occurred amid ongoing corporate governance debate

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