A career Target employee, Steinhafel started as a merchandise trainee in 1979 and progressed through merchandising and operations positions before being named president of Target in 1999. He was named CEO in May 2008 and chairman in February 2009. He succeeded Robert Ulrich.
Married, three children.
Carroll University, 1977; Northwestern’s Kellogg School of Management, 1979 (MBA)
$1.5 million (2012 total compensation: $19.2 million.)
On board of directors at Toro Co. and TreeHouse, a Minnesota-based nonprofit. A member of the Business Roundtable, Business Council and the Minnesota Business Partnership. In 2010, was appointed to the Council for the Smithsonian National Museum of African American History and Culture. In 2012, began a two-year term as chairman of the board for the Retail Industry Leaders Association.
Gregg Steinhafel, Target Corp. chairman, president, CEOTotal compensation: $23,472,082 for the year ended Jan. 31, 2013Salary: $1,500,000Non-equity incentive pay: $2,880,000Other compensation:...
Target Corp.’s Neiman Marcus collaboration did not turn out to be a holiday gift to the retailer.The No. 2 discount chain reported that its fourth-quarter net income dipped 2 percent as it...
Target shoppers searching for after-Christmas deals ultimately bought food and beauty products in January as payroll tax increases cut paychecks last month.The Minneapolis-based retailer said...
TARGET CORP.Gregg Steinhafel, chairman, president, CEOTotal compensation: $19,260,390 for the year ended Jan. 31Salary: $1,500,000Bonus: $1,250,000Non-equity incentive pay: $2,205,000Other...
It's the $150,000 issue that won't go away for Target Corp.A corporate donation one year ago to a group supporting then Republican gubernatorial candidate Tom Emmer continued to nag the...
Leader overcame proxy fight and Emmer controversy while strengthening company.
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