Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Brian Cornell earned $16.27M in total compensation at Target, including $1.40M salary, $831.60K bonus and $13.57M in stock. Most recently sold 135,000 shares in Mar 2025. Currently holds stock worth $47.42M. Has donated $129.38M in stock to charitable causes. Led Target as CEO for 11 years.

Compensation History

Annual executive compensation data for Brian Cornell, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$16.27M

Salary

$1.40M

Bonus

$831.60K

Other

$469.04K

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 Compensation

$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

$13.57M80.26K 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.

T

Brian Cornell

Ex-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 - 61 years ago

CEO of Target for

11 years 5 months (Aug 2014 - Feb 2026)

Previous Experience

Chairman and CEO of PepsiCo Americas Foods

Holdings

Track Brian Cornell's stock holdings and portfolio value over time.

Total Stock Sold

$110.81M

TGT

$110.81M

723,364 TGT shares

What if they kept their stock?

If Brian Cornell didn't sell their stock, today they would have:
Extra TGT723,364 shares worth $66.69M.
This is -39.82% and $44.12M 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

Brian Cornell's recent stock transactions, purchases, and sales filed with the SEC.

TGT

$15.30M

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

Rivals

Compare Brian Cornell with competitor CEOs and industry peers.