Brian Cornell

Brian C. Cornell (born c. 1958) is an American businessman. Cornell is the chairman and chief executive officer (CEO) of the Target Corporation. He is also non-executive chairman of Yum! Brands.

Brian Cornell
Born1958 (age 6364)
New York City, U.S.
EducationUniversity of California, Los Angeles (BA)
UCLA Anderson School of Management
TitleChairman and CEO, Target
Term2014-
PredecessorGregg Steinhafel
Spouse(s)Martha Cornell
Children2

Early life

Brian Cornell was born in 1958 in Queens, New York City. He grew up in a fatherless household from the age of six, and his mother was living on welfare due to heart disease.[1] As a result, Cornell was mostly brought up by his maternal grandparents.[1]

Cornell graduated from the University of California, Los Angeles (UCLA) in 1981.[2][3] Cornell attended the UCLA Anderson School of Management in 1991.[2][3]

Business career

Cornell was the chief marketing officer and an executive vice president of Safeway Inc., from 2004 to 2007.[3][4]

Cornell was the CEO of Michaels from 2007 to 2009, CEO of Sam's Club from 2009 to 2012,[1] and CEO of PepsiCo Americas Foods, a subsidiary of PepsiCo, from 2012 to 2014.[3][4]

Cornell was on the board of directors of OfficeMax, from 2004 to 2007, and of The Home Depot, from 2008 to 2009.[3] Cornell has been on the board of Centerplate and Polaris Industries.[5][3] Cornell has served on the Board of Directors of Yum! Brands since September 2015.[6] He is the chairman of the Retail Industry Leaders Association, and a board member since 2015.[7][8]

In August 2014, Cornell replaced Gregg Steinhafel as the chairman and CEO of Target.[4] Cornell's leadership style is at once data-driven and hands-on.[1] During his tenure, Cornell has shut down the loss-incurring Target Canada.[1] Cornell has hired many outsiders to update the corporate culture.[1] Cornell occasionally visits Target stores and asks guests about their shopping experiences.[1]

In 2019, Cornell was named CNN's "Business CEO of The Year".[9]

Cornell received "The Visionary" award from the National Retail Federation for 2022, given each year to "an outstanding retail industry leader".[10]

Academic support

Cornell is on the board of visitors[11] of the UCLA Anderson School of Management.[2] He is on the board of directors for Catalyst[12] and the museum council for the Smithsonian's National Museum of African American History and Culture.[13]

Personal life

He is married to Martha Cornell. They have a daughter and a son.[14]

References

  1. Wahba, Phil. "Target Has a New CEO: Will He Re-Energize the Retailer?". Fortune. Retrieved 20 August 2015.
  2. "Who's Who: Board of Visitors". UCLA Anderson School of Management. Retrieved 20 August 2015.
  3. "Wal-Mart Stores Inc (WMT:New York): Brian C. Cornell". Bloomberg Business. Retrieved 20 August 2015.
  4. Loeb, Walter. "Target's New CEO Brian Cornell Lacks Innovative Pizzazz". Forbes. Retrieved 20 August 2015.
  5. "Investor Relations: BOARD OF DIRECTORS". Polaris. Retrieved 20 August 2015.
  6. "Target CEO Brian Cornell joins Yum! Brands board". www.bizjournals.com. 2015-09-18. Retrieved 2018-07-19.
  7. "Brian Cornell". Target Corporate. Retrieved 2017-12-11.
  8. "Target CEO named chairman of RILA". Retail Dive. Retrieved 2018-07-19.
  9. La Monica, Paul (2019-12-18). "Target's Brian Cornell is the top CEO of 2019". CNN. Archived from the original on 2019-12-18. Retrieved 2020-03-11.
  10. "Target CEO Brian Cornell Named The Visionary 2022". RIS News.
  11. "About the Department". UCLA Econ. Retrieved 2019-03-19.
  12. "Board of Directors". Catalyst. Retrieved 2019-03-19.
  13. "Leadership". National Museum of African American History and Culture. 2016-01-04. Retrieved 2019-03-19.
  14. "Target's new boss a 'sensible choice'". Star Tribune. August 1, 2014. Retrieved 2019-12-06.
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