Apr 27, 2021 - News

Target's CEO made almost $20 million in 2020

Nick Halter

Target CEO Brian Cornell's total compensation in 2020 came in at $19.75 million, up about $800,000 over 2019.

The big picture: Cornell's pay, which was made public in a regulatory filing, comes after a year in which Target's comparable sales rose by 20% and its stock price roughly doubled from around $100 at the start of the pandemic to to $200 today.

Of note: Cornell's total compensation was 805 times that of the median Target employee's salary, which was $24,535 in 2020, a figure that includes part-time workers.

Target paid out $1 billion in COVID bonuses to store and warehouse employees, with frontline workers getting at least $1,150.

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Target's CEO made almost $20 million in 2020

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