Advertisement
 
Sunday, December 21, 2014
Amsterdam, NY ,
Advertisement

Target names CEO

Thursday, July 31, 2014 - Updated: 10:08 AM

MINNEAPOLIS (AP) -- Target has hired Pepsi executive Brian Cornell as its new chairman and CEO as it looks to recover from a huge data breach and troubles in Canada.

Cornell replaces interim CEO John Mulligan, who is chief financial officer for the Minneapolis company. Mulligan stepped into the interim CEO post in May when Target Corp.'s Gregg Steinhafel resigned following a large data breach in the runup to Christmas.

Cornell, 55, most recently served as CEO of PepsiCo Americas Foods. Prior to that, he was CEO and president of Sam's Club of Wal-Mart International and CEO of Michaels Stores Inc.

PepsiCo Inc. said in a statement Thursday that it expects to announce Cornell's successor soon.

Target said that Cornell's top priorities will be to ramp up its performance and press forward with its evolution into a retailer that seamlessly incorporates online and brick-and-mortar experiences for its shoppers.

Target is looking to start anew after announcing in December a data breach in which hackers stole millions of customers' credit- and debit-card records.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
The Recorder Sports Schedule

 

The Recorder Newscast

Most Popular

    Area high school sports calendar
    Tuesday, December 16, 2014

    Amsterdam Police help Schenectady find homicide suspect
    Thursday, December 18, 2014

    URGENT New York panel picks 3 upstate resort casinos
    Wednesday, December 17, 2014

    Port Jackson Media changes ownership
    Tuesday, December 16, 2014

    New tax: Vehicle use tax approved
    Wednesday, December 17, 2014

    Robert A. Savoie Jr.
    Thursday, December 18, 2014

    The Outlet Pass: AHS, B-P set to meet
    Monday, December 15, 2014

    Amsterdam bounces back from S-G defeat with impressive win over Broadalbin-Perth
    Wednesday, December 17, 2014

    B-P senior portrait is given the green light
    Tuesday, December 16, 2014

    Second nature: St. Mary's staff conducts ebola drill
    Thursday, December 18, 2014

Advertisement

Copyright © Port Jackson Media

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook