• TARGET CORP Key Executives

  • Total Compensation: $ 6.04 M
    Gregg W. Steinhafel is President of Target, a position he has held since 1999. He began his career at Target as a merchandising trainee in 1979. Since that time, he has held various management positions including Vice President, Electronics and Stationery, Senior Vice President Merchandise Planning, Senior Vice President, Softlines and Executive Vice President, Merchandising. He will become our Chief Executive Officer on May 1, 2008 following Mr. Ulrich's retirement. He is also a director of The Toro Co.
    Total Compensation: $ 5.61 M
    Douglas A. Scovanner Senior Vice President and Treasurer of Registrant since 1994. Executive Vice President and Chief Financial Officer since February 2000. Senior Vice President, Finance of Fleming Companies, Inc. (a food wholesaler) from 1992 to 1994. Vice President and Treasurer of Coca-Cola Enterprises, Inc. (a soft drink bottler) from 1986 to 1992.
    Janet M. Schalk - Chief Information Officer
    Total Compensation: $ —
    Janet M. Schalk, Executive Vice President and Chief Information Officer since March 2007. Senior Vice President and Chief Information Officer from September 2005 to March 2007. Vice President, Application Development from November 2004 to September 2005. Director, Target Technology Services from July 1997 to November 2004.
    Timothy R. Baer - General Counsel
    Total Compensation: $ —
    Timothy R. Baer, Executive Vice President, General Counsel and Corporate Secretary since March 2007. Senior Vice President, General Counsel and Corporate Secretary from June 2004 to March 2007. Senior Vice President from April 2004 to May 2004. Vice President from February 2002 to March 2004.
    Derica W. Rice - Director
    Total Compensation: $ —
    Derica W. Rice is Senior Vice President and Chief Financial Officer of Eli Lilly and Company, a pharmaceutical company, a position he has held since May 2006. From July 2003 to May 2006 he served as Eli Lilly's Vice President-Controller, and prior to that he served in other management positions at Eli Lilly.
    Mary N. Dillon - Director
    Total Compensation: $ —
    Mary N. Dillon is Executive Vice President and Global Chief Marketing Officer of McDonald's Corporation, a global restaurant company, a position she has held since October 2005. Prior to joining McDonald's, Ms. Dillon was President of the Quaker Foods division of PepsiCo Corporation from September 2004 to September 2005, and Vice President of Marketing of Quaker Foods from September 2002 to September 2004.
    Terrence J. Scully - Divisional President
    Total Compensation: $ —
    Terrence J. Scully, President, Target Financial Services since March 2003. Vice President, Target Financial Services, from April 1998 to February 2003.
    Jodeen A. Kozlak - Executive VP, Divisional
    Total Compensation: $ —
    Jodeen A. Kozlak, Executive Vice President, Human Resources since March 2007. Senior Vice President, Human Resources from February 2006 to March 2007. Vice President, Human Resources and Employee Relations General Counsel from November 2005 to February 2006. From June 2001 to November 2005 Ms. Kozlak held several positions in Employee Relations at Target.
    Troy H. Risch - Executive VP, Divisional
    Total Compensation: $ —
    Troy H. Risch, Executive Vice President, Stores since September 2006. Group Vice President from September 2005 to September 2006. Group Director from February 2002 to September 2005.
    Mary E. Minnick - Director
    Total Compensation: $ —
    Mary E. Minnick is a partner of Lion Capital, a private investment firm, a position she has held since May 2007. Prior to joining Lion Capital, she completed a 23-year career with the Coca-Cola Company, a manufacturer, marketer and distributor of nonalcoholic beverage concentrates and syrups, in February 2007. At Coca-Cola, she served in a variety of global executive positions ranging from general management to marketing, new products and sales. Most recently, she was Executive Vice President and President of Marketing, Strategy and Innovation.
    James A. Johnson - Director
    Total Compensation: $ —
    James A. Johnson is Vice Chairman of Perseus, LLC, a merchant banking private equity firm, a position he has held since April 2001. He is a director of The Goldman Sachs Group, Inc., KB Home, UnitedHealth Group Incorporated and Forestar Real Estate Group, Inc.
    Total Compensation: $ —
    Stephen W. Sanger is Chairman of the Board of General Mills, Inc., a consumer food products company, a position he has held since 1995. He also served as Chief Executive Officer of General Mills from 1995 to September 2007. He is also a director of Wells Fargo & Company.
    Total Compensation: $ —
    Solomon D. Trujillo is Chief Executive Officer and a director of Telstra Corporation Limited, a telecommunications company, positions he has held since July 2005. From February 2003 to March 2004, he served as Chief Executive Officer of Orange S.A., a telecommunications company.
    Calvin Darden - Director
    Total Compensation: $ —
    Calvin Darden is Chairman of the Atlanta Beltline, Inc., an urban revitalization project for the City of Atlanta, a position he has held since February 2006. He previously served as Senior Vice President of U.S. Operations of United Parcel Service of America, Inc., an express carrier and package delivery company, until his retirement in February 2005. He joined UPS in 1971 and held various operational and managerial positions throughout his career with UPS. He is a director of Coca-Cola Enterprises, Inc. and Cardinal Health Corp.
    George W. Tamke - Director
    Total Compensation: $ —
    George W. Tamke is a Partner with Clayton, Dubilier & Rice, Inc., a private investment firm, a position he has held since March 2000. He is a director of Culligan Ltd., Hertz Global Holdings, Inc. and ServiceMaster Global Holdings, Inc.
    John D. Griffith - Divisional Executive VP
    Total Compensation: $ 2.54 M
    John D. Griffith, Executive Vice President, Property Development since February 2005. Senior Vice President, Property Development from February 2000 to January 2005.
    Michael R. Francis - Executive VP, Divisional
    Total Compensation: $ 4.18 M
    Michael R. Francis, Executive Vice President, Marketing since February 2003. Senior Vice President, Marketing from January 2001 to February 2003.
    Total Compensation: $ —
    Roxanne S. Austin is President of Austin Investment Advisors, a private investment and consulting firm, a position she has held since January 2004. She previously served as Executive Vice President of Hughes Electronics Corp., a provider of digital television entertainment and technology services, and as President and Chief Operating Officer of its subsidiary, DIRECTV, Inc., from June 2001 until December 2003 when Hughes was acquired. She is a director of Abbott Laboratories, Teledyne Technologies Incorporated and a director-elect of LM Ericsson Telephone Company.
    Total Compensation: $ —
    Richard M. Kovacevich is Chairman of the Board of Wells Fargo & Company, a banking and financial services company, a position he has held since April 2001. He also served as Chief Executive Officer of Wells Fargo & Company from 1998 until his retirement in June 2007. He is also a director of Cargill, Inc. and Cisco Systems, Inc.
    Robert J. Ulrich - Chairman of the Board/Director
    Total Compensation: $ 12.19 M
    Robert J. Ulrich is Chairman of the Board, Chief Executive Officer and Chairman of the Executive Committee of Target. He began his retailing career as a merchandising trainee in Target's department store division in 1967 and advanced through various management positions. He became Chairman and Chief Executive Officer of Target Stores in 1987 and was elected Chairman and Chief Executive Officer of Target in 1994. He will be retiring as our Chief Executive Officer on May 1, 2008, but will remain as Chairman of the Board.
    Anne M. Mulcahy - Director
    Total Compensation: $ —
    Anne M. Mulcahy is Chairman of the Board and Chief Executive Officer of Xerox Corp., a document management company. She joined Xerox in 1976 and has held various management positions in marketing, human resources and operations. In August 2001 she was elected Chief Executive Officer and in January 2002 she was elected Chairman of the Board. She is also a director of Citigroup Inc., Fuji Xerox Co. Ltd. and The Washington Post Company.