Brian Cornell Biography
Brian Cornell is an American businessman who is the chairman and CEO of Target Corporation. He is also Yum! Brands’ non-executive chairman. From 2004 to 2007, Cornell served as Safeway Inc.’s chief marketing officer and executive vice president.
Brian Cornell Age
Brian Cornell Education
Cornell graduated from the University of California, Los Angeles in 1981. Cornell enrolled in the UCLA Anderson School of Management in 1991.
Brian Cornell Height
Cornell stands at an average height of 6 inches 0 inches tall.
Brian Cornell’s Family
Cornell was born in Queens, New York City, in 1958. From the age of six, he was raised in a fatherless household, and his mother was on welfare due to heart disease. As a result, Cornell was raised primarily by his maternal grandparents.
Brian Cornell Wife
He is a married man, he is married to his loving wife Martha Cornell. The couple has two children; a son and a daughter.
Brian Cornell Career
Target Corporation’s chairman and CEO are both Cornell. Target is a large American department store chain headquartered in Minneapolis, Minnesota. It is a component of the S& P 500 Index and the seventh-largest retailer in the United States. Target was founded in 1962 as a discount division of Minneapolis Dayton’s department store. It began expanding the store nationwide in the 1980s as a division of the Dayton-Hudson Corporation. It introduced new store formats under the Target brand in the 1990s. As a market participant, the company has found success as a cheap-chic brand. The parent company changed its name to Target Corporation in 2000, and it sold off its final department store chains in 2004. In the early 2010s, it was hit hard by a sizable, widely reported security breach involving customer credit card information as well as the demise of its short-lived Target Canada subsidiary, but it recovered with the help of its expansion into urban markets in the US.
Prior to joining Target, Cornell held executive positions for more than 30 years at prestigious consumer goods and retail businesses. Former positions include Chief Marketing Officer at Safeway Inc. and CEO of well-known brands like Michaels, Sam’s Club, and PepsiCo Americas Foods, a subsidiary of PepsiCo. From 2004 to 2007, Cornell served as Safeway Inc.’s executive vice president and chief marketing officer. Between 2008 and 2009, Cornell served on the boards of directors for The Home Depot and OfficeMax, respectively. Cornell has served on the boards of both Polaris Industries and Centerplate. Since September 2015, Cornell has been a member of Yum! Brands’ board of directors. He has served on the board since 2015 and is the chairman of the Retail Industry Leaders Association.
Cornell took over as chairman and CEO of Target in August 2014, succeeding Gregg Steinhafel. Cornell’s leadership is both data-driven and practical. Cornell oversaw the closure of the loss-making Target Canada. Cornell has brought in a number of outsiders to modernize the corporate culture. Cornell will occasionally visit a Target store to speak with customers. CNN named Cornell “Business CEO of the Year” in 2019. Cornell received the National Retail Federation’s “The Visionary” award for 2022, which is given annually to “an outstanding leader in the retail industry.” Cornell is a member of the board of visitors at UCLA Anderson School of Management. He is a member of the Catalyst board of directors as well as the National Museum of African American History’s museum council Culture of the Smithsonian Institution.
Brian Cornell Net Worth
Cornell has an estimated net worth of $80 million.
