Connect With Us


CEO Ulrich Stepping Down at Target

Target Corp. said Wednesday that President Gregg Steinhafel would take over for retiring CEO Bob Ulrich, a long-expected handoff that comes just as the nation's second-largest retailer hits a rough patch.

Target said Ulrich would step down as CEO on May 1, soon after he turns 65. He will remain as chairman through Jan. 31, 2009.

Steinhafel, 52, has a reputation for being a frequent visitor to Target stores, and for a sharp eye for the style factor in the goods they offer. He has been with Target's predecessor company since 1979, became executive vice president of merchandising in 1999, and, in a signal that he was on his way toward the CEO's chair, was named to the board last year.

Full story


Please or Register to post comments.

What's TrafficCourt?

Industry news, views and occasional strange stuff.


Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
Blog Archive
National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×