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This question is about Target salaries.
What is the salary of the CEO of Target?
The salary of the CEO of Target is $19.75 million per year. Of this total, $1.4 million was received as a salary, $3.9 million was received in the form of a bonus, $13.7 million was awarded as stock, and $612,389 came from other types of compensation.
Brian Cornell is the current CEO of Target. His high earnings are directly correlated to Target's 20% increase in sales. Much of this increase can be attributed to the pandemic, which saw Target's sales rise increasingly over a considerable amount of time.
Additionally, Target's stock price has had a considerable increase and has doubled from $100 to $200. Cornell's total compensation is 805 times that of the median salary of a Target employee. A target employee earns an average annual salary of $24,535 per year.
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