Target’s missteps have alienated consumers and shaken investors. Executive Chair Brian Cornell should step down | Fortune0

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• August 31, 2026

Target’s annual shareholder meeting in June was a referendum on the company’s leadership, and the story is bleak: nearly 13% of shareholders opposed the reelection of Executive Chair and former CEO Brian Cornell. Combined with nearly 40% support for a shareholder proposal calling for an independent Board Chair, this level of opposition makes clear that