'Reward for failure': Investor support for Target chair Brian Cornell falls to lowest level ever

Target chair Brian Cornell faces growing investor calls for change after the retailer's recent underperformance and struggles, despite having built the company into a $100 billion-plus giant. The article points to weakening confidence in management and fundamentals rather than a discrete financial result. Market impact is likely limited but relevant for Target shares and governance-focused investors.

Analysis

Target chair Brian Cornell faces growing investor calls for change after the retailer's recent underperformance and struggles, despite having built the company into a $100 billion-plus giant. The article points to weakening confidence in management and fundamentals rather than a discrete financial result. Market impact is likely limited but relevant for Target shares and governance-focused investors.