Mr. Gregg W. Steinhafel serves as the Chairman, Chief Executive Officer and President of Target Brands, Inc. Mr. Steinhafel has been the Chairman of Target Corp. since February 1, 2009 and its Chief Executive Officer since May 01, 2008 and President since August 1999. Mr. Steinhafel has gained meaningful leadership experience and retail knowledge. Target Corporation, originally the Dayton Dry Goods Company and later the Dayton Hudson Corporation, is an American retailing company, founded in 1902 and headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Wal-Mart. The company is ranked at number 38 on the Fortune 500 as of 2012 and is a component of the Standard & Poor's 500 index. Its bull’s-eye trademark is licensed to Wesfarmers, owners of the separate Target Australia chain which is unrelated to Target Corporation.
Provide a brief overview of the company's core business.
Target set high standards for—where you shop. They aim to be a place where guests and team members will always find more than they expect. Their mission and values set the stage, and day-to-day innovation, teamwork and community partnerships reflect who they are. Their mission is to make Target your preferred shopping destination in all channels by delivering outstanding value, continuous innovation and exceptional guest experiences by consistently fulfilling their Expect More. Pay Less.® brand promise.
Describe the position of this person and his or her overall duties and responsibilities.
As Chief Executive Officer, he is responsible for determining the strategy and clearly articulating priorities as well as aligning and motivating to execute strategy and clearly articulating priorities as well as aligning and motivating to execute effectively and