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News@lemmy.worldEnglish · 2 days ago

Target’s CEO is stepping down as customers turn away | CNN Business

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Target’s CEO is stepping down as customers turn away | CNN Business

malloc@lemmy.world to

News@lemmy.worldEnglish · 2 days ago

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.

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MightyPez@fedia.io
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2 days ago
“Cornell will stay on as executive chairman.”

In other words, he will run the board that the next CEO answers to. This is failing upwards
- relativestranger@feddit.nl
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  2 days ago
  he already was (chair & ceo).

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