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Gregg Steinhafel was born in 1954 in Milwaukee, Wisconsin. His grandfather, a Prussian immigrant, founded Steinhafels Furniture in Milwaukee in 1934. He began working in the store when he was in grade school, performing odd jobs. He graduated from Carroll University in Waukesha, Wisconsin and the Kellogg School of Management at Northwestern University in Evanston, Illinois.
In 1979, he was recruited as a merchandising trainee by Target. He then served as the Executive Vice President of Merchandising starting in July 1994 and became Chief Executive Officer on May 1, 2008. Steinhafel resigned from his position as CEO on May 5, 2014 as a result of the data breach that affected 70 million to 110 million consumers.
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.
He attends Wayzata Community Church.
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