Sundar PichaiSundar Pichai earned $164M in 2023

Brian Cornell is the CEO of Target Corporation, a role he's held since 2014. With a strong background from big-name companies like PepsiCo and Walmart, he has over 30 years of leadership in retail. Brian makes around $1.4 million a...

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Brian Cornell

CEO of Target

Education

Bachelor's degree in Business from the University of California, Berkeley and an MBA from the University of California, Los Angeles

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

July 14, 1964 - 60 years ago

CEO of Target for

10 years 7 months (Aug 2014 - Present)

Previous Experience

Chairman and CEO of PepsiCo Americas Foods

Holdings

See how much did Brian Cornell make over time.

Brian Cornell's stake in Target has seen significant fluctuations. In 2021, he achieved a peak with over $52 million from vested stock, showcasing the alignment of his wealth with the company's performance. He currently holds 140,966 vested shares worth approximately...

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Total Stock Sold

$105.74M

TGT

$105.74M

678,364 TGT shares

What if they kept their stock?

If Brian Cornell didn't sell their stock, today they would have:
Extra TGT678,364 shares worth $66.66M.
This is -36.96% and $39.08M less than what they got when they sold the stock.

Charitable Transactions

TGT

1,403,353 shares

TGT

Recent Charitable Transactions

TGT

7,750 shares

TGT

Nov 24, 2023

Charity

TGT

310,905 shares

TGT

Mar 8, 2023

Charity

TGT

4,100 shares

TGT

Mar 9, 2022

Charity

TGT

215,931 shares

TGT

Dec 2, 2021

Charity

TGT

149,788 shares

TGT

Sep 2, 2021

Charity

TGT

93,364 shares

TGT

Mar 10, 2021

Charity

Insider Trading

See recent insider trades of Brian Cornell.

TGT

$10.20M

TGT at $113.37/share

Mar 11, 2025

Sale

TGT

$7.14M

TGT at $158.67/share

Aug 27, 2024

Sale

TGT

$6.81M

TGT at $151.36/share

Jun 4, 2024

Sale

TGT

56,331 shares

TGT

Apr 9, 2024

Received

TGT

27,723 shares

TGT

Mar 13, 2024

Received

TGT

$7.54M

TGT at $167.52/share

Mar 11, 2024

Sale

TGT

7,750 shares

TGT

Nov 24, 2023

Charity

TGT

$3.92M

TGT at $130.70/share

Aug 18, 2023

Sale

TGT

99,522 shares

TGT

Apr 4, 2023

Received

TGT

$5.56M

TGT at $158.87/share

Mar 10, 2023

Sale

Compensation History

See how much did Brian Cornell make over time.

In 2023, Brian Cornell's total compensation reached approximately $19.2 million. He earned a base salary of $1.4 million, along with a bonus of $831,600 primarily from Target's Short-Term Incentive Plan, which gauges executive performance against strategic goals. His vested stock for the year was valued at around $14.7 million, reflecting his heavy reliance on performance-based compensation. This structure strongly emphasizes the connection between his pay and the success of Target, aligning his financial incentives with the company’s long-term strategies. Previously, in 2021, his total compensation hit $27.9 million, showcasing the variability based on Target's performance. This illustrates a comprehensive approach to leadership incentives, focusing on accountability and results-oriented management.

Year

2023

Total Compensation

$16.27M

Salary

$1.40M

Board Justification

Target Corporation's compensation philosophy for the CEO in 2023 focuses on aligning executive pay with company performance, emphasizing long-term value creation for shareholders. The compensation structure includes a mix of fixed and performance-based elements to attract, retain, and motivate top executive talent.

Bonus

$831.60K

Board Justification

The bonus for Brian Cornell in 2023 was based on the team scorecard component of the Short-term Incentive Plan (STIP), which evaluates progress on key strategic priorities. The bonus payout was determined by the Compensation & Human Capital Management Committee's assessment of the team's performance against these priorities.

Other

$469.04K

Board Justification

Other compensation includes company matching contributions to retirement plans, life insurance premiums, and perquisites such as personal use of company-owned aircraft for security reasons.

Restricted Stock

$13.57M(80.26K PSU and PBRSU)

Board Justification

The vested stock for Brian Cornell in 2023 includes Performance Share Units (PSUs) and Performance-Based Restricted Stock Units (PBRSUs) that vested based on the achievement of performance metrics over the performance period.

Performance Metrics

The performance metrics for determining the CEO's compensation in 2023 included Sales, Incentive Operating Income, and the assessment of the team scorecard, which evaluates progress on strategic priorities.

Other Target CEOs

Here are other CEOs of Target