Ousted Target CEO to recieve $16M severance package
MINNEAPOLIS -- Under fire for its lavish executive pay, Target Corp. said it cut CEO Gregg Steinhafel’s pay by 37 percent in 2013 — but still gave him a $15.9 million golden parachute after his “involuntary termination” this month.
Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.
You will need your subscription account number and phone number. Not sure if you have an account? Email us or call (800) 456-8080 and we can help you.