Post Tagged with: "TGT"

Target Confirms Former CEO’s Involuntary Termination, Cuts Compensation Package by 35%

June 12, 2014 at 8:33 pm 0 comments

In a new filing, Target (TGT) disclosed that former CEO Gregg Steinhafel’s total compensation package was cut by 35% to $13 million after the general retailer’s per-share profit fell for the first time in five years. Target said, “Overall pay for our former CEO was too high given Target’s performance relativeRead More

Tony Fisher Out as President of Troubled Target Canada

June 9, 2014 at 8:32 pm 0 comments

Target Corp (TGT) announced Tuesday that the president of its Canadian operations, Tony Fisher, will leave the company and be replaced with a 15-year company veteran. Mark Schindele, formally the senior VP of merchandising, will replace Tony Fisher as president of Target Canada effective immediately. Target’s Canadian business has been plagued byRead More