Target Stock » board of directors

Target Stock Proxy Battle Will Have Unlikely End

Tarjay Investor — Thu, 07 May 2009 01:10:50 +0000

Or at least the location likely would not have been guessed. William Ackman and Pershing Capital Management will be forced to end their proxy battle with Target to replace members of the board of directors on a nearly complete construction site in Wisconsin. The new Target store in Waukesha will be the meeting site for the Target investors, including Ackman and his company’s nearly 8 percent stake in the company. Some feel the future of Target stock is at stake…

Target Corporation Fights Back

Tarjay Investor — Tue, 31 Mar 2009 00:17:37 +0000

Target Corporation is fighting William Ackman and his Pershing Square Capital push to nominate 5 members to the Target stock board of directors. The original slate was set to elect 13 members to the board, but Target filed with the SEC to only have a 12 member board sit.

Gregg Steinhafel to Head Board of Directors

Tarjay Investor — Tue, 20 Jan 2009 17:38:58 +0000

Word has come down that preisdent and CEO Gregg Steinhafel will add the additional role as Chairman of the Board of Directors to his other roles at Target. Target stock is down today, along with the rest of the market, though significantly more so. The management announcement was made on a non-market day, January 19th, off for the MLK holiday.