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Target Names New CEO

Target Names New CEO
Posted Thursday, July 31st 2014 @ 10am

MINNEAPOLIS — Minneapolis-based Target Corporation has named Brian Cornell their new chief executive officer.  The 55-year-old executive has been with PepsiCo for the past decade.  This is the first time Target has turned to an outsider to repair a battered corporate culture and navigate a sea change in Americans' shopping habits.  Target continues to struggle following a massive data breach that derailed sales over the holiday season and kept customers away for months.  Cornell will join Target August 12th.

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