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Target Corporation's 2025 Annual Shareholder Meeting Results

On June 13, 2025, Target Corporation (NYSE: TGT) provided details on the outcomes of its 2025 Annual Meeting of Shareholders, which took place on June 11, 2025. This annual gathering of shareholders is a vital event where key decisions are made regarding the company's future direction and governance.

Key Highlights of the Meeting

Election of Board of Directors

One of the primary agenda items was the election of the board of directors. Shareholders voted overwhelmingly to elect all twelve nominated individuals for a one-year term, demonstrating strong support for the current leadership. The following nominees were elected with their respective approval percentages:

• - David P. Abney: 99.3%
• - Douglas M. Baker, Jr.: 97.0%
• - George S. Barrett: 96.8%
• - Gail K. Boudreaux: 99.2%
• - Brian C. Cornell: 91.0%
• - Robert L. Edwards: 99.0%
• - Donald R. Knauss: 98.8%
• - Christine A. Leahy: 96.4%
• - Monica C. Lozano: 96.3%
• - Grace Puma: 99.4%
• - Derica W. Rice: 96.3%
• - Dmitri L. Stockton: 95.5%

These results reflect a high degree of confidence from investors in the skills and strategies of these board members.

Ratification of Accounting Firm

Shareholders also ratified the appointment of Ernst & Young LLP as Target's independent registered public accounting firm for the fiscal year 2025. This decision was supported by 93.3% of votes, showing brokers' trust in the financial oversight of the company.

Approval of Executive Compensation

Additionally, an advisory proposal regarding executive compensation, known as