Throughout his career, Gregg Steinhafel held a considerable amount of stock in Target. His wealth peaked as he focused on long-term compensation through stock options and performance shares, particularly tied to Target's growth. By 2011, Steinhafel had a stake that...
Throughout his career, Gregg Steinhafel held a considerable amount of stock in Target. His wealth peaked as he focused on long-term compensation through stock options and performance shares, particularly tied to Target's growth. By 2011, Steinhafel had a stake that brought him significant returns due to the company’s record performance at that time. However, as results varied in subsequent years, his holdings' performance reflected these fluctuations, impacting the overall wealth he accrued while leading Target. After stepping down in 2014, the value of his holdings was a reflection of Target's market position, which remained strong despite the challenges he faced as CEO. His long tenure and wealth in the company illustrate a significant commitment and risk tied to its future success.