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CORNELL Brian
Person
CORNELL Brian

CORNELL
Brian

Position: Chairman and Chief Executive Officer (CEO) of the Target Corporation

Organization: Target

Place of Birth: Queens, New York City, US

Profession: Chairman

Content

Biography

Brian Cornell is the CEO of the eighth largest retail company in the world, Target Corporation. He is an American businessman and an entrepreneur who has been leading more than 323,000 employees covering around 1800 stores in the USA.

In 2014, he was announced the first outside hire to lead the role of CEO in the organization. Not to forget, he has also supported the LGBT community with the policy he created in 2016. He has provided equal opportunity and services to them, making a personal bathroom for their gender under his company.

Net Worth/ Now

As the CEO of the world's 8th largest retail company, there is no doubt, Brian’s net worth touches the sky limit. Since he is the one who handles the risk and growth of the company, he is the worthiest to enjoy the company’s profit.

According to 2018’s data, Brian helped the company to earn a massive profit of $19.2 million in the fiscal year 2017, gaining more than double profit of $9.1million of the previous year. His appraising work for the company led him to enjoy a bonus of $4.8 million with a salary of $1,300,000. His total compensation increased to $17.2 million from $16.9 million from 2016 to 2018 and increment of his base salary from $1.3 million to $1.4 million in 2018.

Brian has made the company so strong that not even any uncertainties could break it off. Recently in June 2019, the company faced a severe problem. It experienced weekend outages, and Brian had to apologize for the inconvenience. Luckily, the company wasn't hampered by the uncertainty.

Additionally, he also makes his grand earning being a board member of Catalyst and the Smithsonian’s National Museum of African American History and Culture.

Apart from his enormous earnings and flourishing career, he has a house which adds more asset to his properties. He purchased the Kenwood house worth $1.9 million back in 2016, and as of now, resides there with his wife and children.

Married, Wife

Brian is married to his college sweetheart Martha Cornell. They were together long before 1981 and is still concurrently sailing in their relationship.

Although it is a rare feast to see them together paparazzied by the media, Brian did escort his wife Martha at the Victoria Beckham for Target Launch Event. The couple looked gorgeous at the event that they attended together on 1 April 2017 in Log Angeles, California.

As of now, they share a beautiful family that includes two children, their daughter Megan Cornell, and a son named Jonathan Cornell.

The couple son Jonathon is a fully grown-up who has a beautiful wife named Allison Nase. Jonathan and Allison got married on 21 November 2016 after two and a half years of dating. They shared the wedding vows in Healing Garden at The Ritz-Carlton, Sarasota.

Bio, Family

Born in 1960 in New York, the USA, Brain was raised by his mother and maternal grandparents. Therefore, information about his father is undisclosed to date. Growing up, he got homeschooled by his mother. Sadly, due to his mother’s heart disease, the family had to go through a situation, and Brain was forced to do odd jobs at an early age.

Later in 1981, he somehow managed to graduate from UCLA Anderson School of Management, the University of California. However, life wasn’t better even after his unsuited jobs and qualified education. He had to go through several rough times to be in the place he is today. He worked as a broad member of the YUM, marketing executive in Safeway Inc. and Polarise Industries.

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Quotes

These investments have been decisive. Without it, we would not have been able to meet the huge demand generated by the pandemic
19 November 2020

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