# 'Reward for failure': Investor support for Target chair Brian Cornell falls to lowest level ever

> **Open Intelligence Dossier** · First detected: 2026-06-22 16:07 UTC · Category: Business

## Executive Summary
Investor support for Target chair Brian Cornell has reached its lowest recorded level, even as a proposal to remove him fails.

## Intelligence Brief
Target shareholders have rejected a proposal to remove Brian Cornell from his position as executive chairman. Despite this outcome, coverage notes that support for Cornell among investors has fallen to the lowest level ever.


Reports from CNBC, Retail Dive, Supermarket News, inc.com, and marketscreener.com highlight a growing trend of shareholder objection to current leadership. The discourse surrounding the vote includes criticism of the decision, with some characterizing the retention of the chair as a "reward for failure." Target Corporation has released the official voting results following the meeting.


It remains to be seen how the company will address the identified shareholder dissatisfaction moving forward.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| GuruFocus | Target's (TGT) Chairman Faces Record Low Shareholder Support Ami | [Source Link](https://news.google.com/rss/articles/CBMitgFBVV95cUxOcnd2TEJaS3o0ZXJJd3J2NUlHcFZrWmxpUkMzOUhaUnFQVEdNcExybGVLQXVZRjlCRDRyam1XVHc2cjZLcE1yR1JFbnFfYUVzRnBfMEkxUzBHbUQ1U1hxMEROV3M2X3JnVDctR1FGTEItSGVYdWJyNm5hRnFqUXVKc3pRV04tQm56VlZxVWMtb2diekNxZjlFU2hZOXVtTmtsUXhPXzhmWnR4OVNqM1F3Z3FMbEpZdw?oc=5) |
| Retail Dive | Target’s Brian Cornell to remain executive chairman after proposal rejected | [Source Link](https://news.google.com/rss/articles/CBMingFBVV95cUxPTTlkUFRNQmNqd0x2OGpTdTNVdW1qZnJidkcydzA0dXMzRk44cjJQRS01TThWWnpGc1Iycm40SXA1NjVITFNXc1A5blYwMjZwUlk3dWdIQmVGa0tzSG94M1oyM2lDU1Qyakl0cTMtZEx0QktSWklWNHJTci1ITWF2UjhEbUVHUkhVNzNQNXdWRUI1ZGJ5MU1DZDFSaV9OQQ?oc=5) |
| inc.com | Target Shareholders Just Made a Major Decision About the Company’s Future. Not Everyone Thinks It's a Good Idea | [Source Link](https://news.google.com/rss/articles/CBMirwFBVV95cUxPVFRGWTgzVEtGMk0wVEdoUkpmVkRfc2dGUHRJWmczdjBGOWxwUTg5MURoclM0X0ctMzBiWk9LNkRTajNtN3JCSW81NFZfdGdVS2dBVUkwcmJ4b3VLNnU4LWhMaVBoYk9meUdxOEhBTTV2c3p4WTZiZVNrZ0dHdVIzNk9MRXplSjNnNDB0ZjVfUXMxMWhraElnNGpILUlJaERKb3lscWNMMDVGbExSV2pv?oc=5) |
| Supermarket News | Target shareholders objecting to leadership is growing | [Source Link](https://news.google.com/rss/articles/CBMioAFBVV95cUxQY0V1aGRXdXRBQTNlRHpzZl9UTDlKSk9Xb0NyQ1hIZmtpQ2V4OUprYzB1Q3ZqOWtLejZsb2lFZjJrSUpDWVY2OXdTYXMyekdDcGZkUk9aMTdKTHgydHdYU2w1eWhHcnhuOHptV3J3NGFRVTV5cGJxWF9zdDVGaXRXekRZLXlyTmhxSFlWUEhLVjItR01zdVNSWlpLc2dkNmNP?oc=5) |
| marketscreener.com | Declaration of Voting Results by Target Corporation | [Source Link](https://news.google.com/rss/articles/CBMipwFBVV95cUxPQ19qWjZzSXAtcHpEU2JOOXFLZ2FTdXltRmJRcG03V3lwREl2YVN5TWdjR01WWWE5OGNwd0gyRlRzZWgycEtfeEpVNzFyT1VweFRUclVGVHk1ZG5IaTRHOGVTRUhNM0U0bHpWRm5wOWUxZ1g5c2lQV2owUExKUUNwbkQzWk9DTm4xQ21NU2xiZDhFdEtMVDdvNURwLS1GTURiTXh2ckhpYw?oc=5) |
| CNBC | 'Reward for failure': Investor support for Target chair Brian Cornell falls to lowest level ever | [Source Link](https://news.google.com/rss/articles/CBMigwFBVV95cUxQNEMtNGt3Ynk1dmlnc0lOOWlUaEF1NDNCZGFjQ0RZaTZkdFdFeWlaM0NNWTlqQlRsYnNqQzlDTFV4QkhGR2dVU2F2V1diX1NBLXRfSWhha1lmb1NtSTd5eUJlNXZWNktqZndRMmNIUzFBMExlZndiQkk2NnJCRHgweWp3RdIBiAFBVV95cUxNNlRQUW9ReWJkMmlKYW9wSEFvU1JCR2gxTFF3NkJmc2lhVWhveF9ibHVXc0NjZHdyRFlzYjNXUDg1ZzFHTllTWDZfRHNES0E2ZmR6T2liM3R0a1lPd2VGTmtGOXhNWE9vcnZwX0JNazBWcy1YVUNocEVvQUcxS1RDTXFRdHhFNkt6?oc=5) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-06-22/reward-for-failure-investor-support-for-target-chair-brian-cornell-falls-to*