From WIKI:

In August 2014, Cornell replaced Gregg Steinhafel as the chairman and CEO of Target.[4] During his tenure, Cornell shut down the loss-incurring Target Canada.[1] Cornell occasionally visits Target stores and asks guests about their shopping experiences.[1] As CEO, Cornell has been featured by news outlets such as CNN, which described him as Target's "ace CEO" and crediting him with the business' strong growth in the 2010s.[9] In 2019, Cornell was named CNN's "Business CEO of the Year".

In 2021, Cornell publicly stated his commitment to programs at Target to support diversity, equity and inclusion following the murder of George Floyd by police in Minneapolis. He said "I recognize that it's time to take it to another level, and that as CEOs, we have to be the company's head of diversity and inclusion."[11]

Cornell was honored with "The Visionary" award by the National Retail Federation for 2022, given each year to "an outstanding retail industry leader."[12]

In 2022, Target announced that their board of directors had eliminated the company's mandatory retirement policy that would have forced the CEO to retire at age 65.[13]

In 2023, Cornell's total compensation at Target was $18.1 million.[14] He earned a higher annual bonus due to the company's improved profits, although his overall compensation dropped.[14] In 2024, Cornell's total compensation at Target was $9.9 million, which was 45% lower than his 2023 compensation and 87% lower than his 2020 compensation of $77.5 million.[