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September 19, 2014

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This undated image provided by Target Corp. shows newly named CEO Brian Cornell. The Minneapolis-based company on Thursday, July 31, 2014, said that it named the PepsiCo executive to the top spot, replacing John Mulligan, who had been acting as interim chief executive since May.

Target Corp. / AP

This undated image provided by Target Corp. shows newly named CEO Brian Cornell. The Minneapolis-based company on Thursday, July 31, 2014, said that it named the PepsiCo executive to the top spot, replacing John Mulligan, who had been acting as interim chief executive since May.