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Target CEO Pick Cornell’s Outsider Status Seen As Big Asset
date:Aug 04, 2014
years inside the retailer hes trying to shake up. Cornell, 55, has in the past three decades worked for at least six different companies as diverse as warehouse clubs and orange-juice makers. By contrast, his Target predecessor Gregg Steinhafel had spent 35 years at the company.

There is clearly an advantage in bringing in an outsider for the organization to bring some fresher perspective to Target, Arun Daniel, a senior fund manager at J O Hambro Capital Management in Boston, said in a phone

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