UCLA Alumnus Named CEO of Target Corp.
UCLA Anderson School of Management graduate Brian Cornell (BA ’81, Executive Program ’91), has been named Chairman of the Board and Chief Executive Officer of Target Corporation. Cornell has vast experience in the retail and consumer products world and was most recently the CEO of PepsiCo Americas Foods. This is the first time that Target Corporation has hired an outsider as CEO and Chairman.
Cornell joins Target with more than 30 years of experience at some of the nation’s leading retail and consumer product companies. As Target’s new CEO, Cornell’s top priorities will be accelerating the company’s performance and advancing Target’s omnichannel evolution.
Cornell most recently served as the chief executive officer of PepsiCo Americas Foods where he oversaw the company’s global food business, the largest of PepsiCo’s four divisions. He was responsible for a portfolio that included Frito-Lay North America, Quaker Foods and all of PepsiCo’s Latin America food and snack businesses.