Economic Club Of Minnesota

Gregg Steinhafel is chairman of the board, president and chief executive officer of Target Corporation. Target, a Minneapolis-based discount retailer with more than $70 billion in annual revenues, serves guests at 1,778 retail stores in 49 states nationwide, online at Target.com, and by offering credit to qualified guests through branded proprietary credit and debit cards. Steinhafel was named president of Target in 1999 after 20 years with the company in which he held numerous merchandising and operating positions. As president, Steinhafel had companywide responsibility for merchandising, stores, global sourcing, product design and development, presentation, supply chain and Target.com. Steinhafel was named to the board of directors in 2007, became president and chief executive officer in May 2008, and was appointed chairman of the board of directors in January 2009. Steinhafel has been instrumental in developing and promoting Target’s unique corporate culture, in which 365,000 talented and diverse team memb