Gregg Steinhafel

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Gregg Steinhafel
Born 1954
Nationality American
Occupation Business executive
Religion Christian

Gregg Steinhafel (born 1954) is an American business executive, and the former President, CEO and Chairman of the Board of Target Corporation.

Biography[edit]

Early life[edit]

Gregg Steinhafel was born in 1954 in Milwaukee, Wisconsin. His grandfather, a Prussian immigrant, founded Steinhafels Furniture in Milwaukee in 1934.[citation needed] He began working in the store when he was in grade school, performing odd jobs. He graduated from Carroll University in Waukesha, Wisconsin[1] and the Kellogg School of Management at Northwestern University in Evanston, Illinois.[2]

Career[edit]

In 1979, he was recruited as a merchandising trainee by Target, where he moved up the organization ranks. Over time, he became the Executive Vice President of Merchandising in July 1994 and became Chief Executive Officer on May 1, 2008.[3] On May 2 2014, Target executives issued a "him or us" ultimatum[4] that forced Steinhafel to resign from his position as CEO on May 5, 2014[5] as a result of the data breach that affected 70 million to 110 million consumers.[6]

Steinhafel is also Director, Member of Nominating and Governance Committee and Member of Compensation & Human Resources Committee for The Toro Company and Vice Chairman of the Retail Industry Leaders Association.[7]

Personal life[edit]

He attends Wayzata Community Church.[8]

References[edit]