Target sets CEO Fiddelke compensation: $1.30M salary, $12.1M LTI; Cornell $1.12M as Executive Chair

TARGET CORP

New CEO Michael Fiddelke gets $1.30M base salary, 200% target STI, and $12.1M target LTI stock award.
Brian Cornell becomes Executive Chair; receives $1.12M base, 200% target STI, and $6.0M RSU in March 2026.
Cornell loses severance eligibility under Income Continuation Plan; will serve until March 13, 2027.
Fiddelke's LTI grant in March 2026 mirrors terms of his prior COO awards and other leadership members.

item 5.02

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