In 2015, Gregg Steinhafel earned $1.50M in total compensation at Target, primarily from $1.50M salary. Most recently sold 10,230 shares in Dec 2020. Currently holds stock worth $54.84M. Has donated $34.36M in stock to charitable causes. Led Target as CEO for 7 years.
Compensation History
Annual executive compensation data for Gregg Steinhafel, including salary, bonuses, and stock awards.
Year
2015
Total Compensation
$1.50M
Salary
$1.50M
Bonus
$0.00
Other
$0.00
Salary
$1.50MBoard Justification
Target Corporation's compensation philosophy for the CEO in 2015 was to align compensation with company performance, focusing on financial metrics such as EBIT and sales growth. The compensation structure aimed to incentivize long-term performance and shareholder value creation.
Bonus
$0.00Board Justification
The CEO did not receive a bonus for 2015 as the financial performance metrics did not meet the threshold required for bonus payout.
Other Compensation
$0.00Board Justification
No other compensation was paid out to the CEO in 2015.
Restricted Stock
Board Justification
No stock vested for the CEO in 2015 as the performance metrics for the PSU and PBRSU awards were not met.
Performance Metrics
The performance metrics for determining CEO compensation in 2015 included Incentive EBIT and Sales, with specific targets set for year-over-year growth.
Gregg Steinhafel
Ex-CEO of Target
Education
Bachelor's degree in Marketing from the University of Wisconsin-Madison
Field of Expertise
Consumer Goods & Retail - Retail
Sector of Economy
Consumer Defensive
Born
May 25, 1955 - 70 years ago
CEO of Target for
7 years 0 months (May 2008 - May 2015)
Previous Experience
President and CEO of Target Corporation
Other Target CEOs
Holdings
Track Gregg Steinhafel's stock holdings and portfolio value over time.
Total Stock Sold
$40.32M
$38.00M
577,455 TGT shares
$2.32M
60,770 TTC shares
What if they kept their stock?
If Gregg Steinhafel didn't sell their stock, today they would have:
Extra TGT577,455 shares worth $53.24M and TTC60,770 shares worth $4.33M.
This is 42.75% and $17.24M more than what they got when they sold the stock.
Charitable Transactions
361,101 shares
TGT
15,000 shares
TTC
Recent Charitable Transactions
5,000 shares
TTC
Feb 27, 2017
Charity
10,000 shares
TTC
Dec 19, 2016
Charity
118,950 shares
TGT
Dec 4, 2013
Charity
54,671 shares
TGT
Jun 15, 2012
Charity
64,042 shares
TGT
Jan 28, 2012
Charity
123,438 shares
TGT
Jan 11, 2012
Charity
Insider Trading
Gregg Steinhafel's recent stock transactions, purchases, and sales filed with the SEC.
$959.93K
TTC at $93.83/share
Dec 21, 2020
Sale
807 shares
TTC
Nov 2, 2020
Received
892 shares
TTC
Nov 1, 2019
Received
1,009 shares
TTC
Nov 1, 2018
Received
932 shares
TTC
Nov 1, 2017
Received
5,000 shares
TTC
Feb 27, 2017
Charity
10,000 shares
TTC
Dec 19, 2016
Charity
1,268 shares
TTC
Nov 1, 2016
Received
$766.63K
TTC at $79.48/share
Feb 22, 2016
Sale
770 shares
TTC
Nov 2, 2015
Received
Rivals
Compare Gregg Steinhafel with competitor CEOs and industry peers.
Ernie Herrman
CEO of TJX Companies
2024 Compensation
Stock
$22.13M
Salary
$1.70M
Bonus
$5.17M
Other
$514.66K
Total Holdings
$63.17M
C. Douglas McMillon
CEO of Walmart
2024 Compensation
Stock
$46.41M
Salary
$1.51M
Bonus
$0.00
Other
$381.90K
Total Holdings
$39.29M
Andrew R. Jassy
CEO of Amazon
2024 Compensation
Stock
$38.48M
Salary
$365.00K
Bonus
$0.00
Other
$1.23M
Total Holdings
$2.14M
Marvin R. Ellison
CEO of Lowe's Companies
2024 Compensation
Stock
$15.74M
Salary
$1.49M
Bonus
$0.00
Other
$2.94M
Total Holdings
$4.93M
W. Craig Jelinek
CEO of Costco Wholesale
2024 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$9.55M