To check for updates you can visit this link. Got a story idea? Before Forbes, I worked as a news reporter in the UK and my home country of Bermuda, a travel writer for Frommer's and an intern for CNN's Anderson Cooper while completing a master's degree at Columbia University. Gregg has created a
culture that fosters innovation and supports the development of new ideas. "I'm a staff writer at Forbes, where I write about women entrepreneurs, workplace equality, and diversity in Silicon Valley and the tech world. Share prices were down more than 5% in Thursday's premarket. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn . "We are grateful to him for his tireless leadership and will always
consider him a member of the Target family. Before taking on this beat,…On Monday, the Minneapolis-based retail chain announced that 35-year company veteran Gregg Steinhafel had stepped down effective immediately. "Today we are announcing that, after extensive discussions, the board and
 Gregg Steinhafel have decided that now is the right time for new leadership at
 Target. Effective immediately, Gregg will step down from his positions as
 Chairman of the Target board of directors, president and CEO. Greg Glassman, We have 
asked Gregg Steinhafel to serve in an advisory capacity during this transition
and he has graciously agreed. ""Our merchant and distribution teams are preparing truckloads of first aid equipment and medicine, bottled water, baby formula, diapers and other essentials, to help ensure that no one within the areas of heaviest damage and demonstration is cut off from needed supplies," Cornell added in his statement.Protests started in Minnesota last week amid outrage over the death of George Floyd, an African-American man who died in the custody of Minneapolis police.With similar situations across the country happening, and the safety of employees in mind, Target announced Sunday it would close six locations in the U.S. until further notice.Target stated that the list was updated on May 31 at noon. TikTok CEO says the app has ‘become the target’ but is ‘not the enemy' CEO Kevin Mayer will publish details about how TikTok operates as part of a new transparency push. Target CEO Brian Cornell said that "normally, you view us as competitors, but today we're focused on a common competitor, and that's defeating the spread of the coronavirus." We are grateful to him for his tireless leadership and will always
 consider him a member of the Target family. Musk was the first hacking victim Wednesday, when a tweet was posted early in the afternoon on the Tesla CEO… Most recently, Gregg led the response to Target’s 2013 data breach. Print. Share. Both will serve in their roles until permanent replacements are named. The board will continue to be actively engaged with the leadership team to 
drive Target’s future success and will manage the transition. "Target CEO Brian Cornell released a statement on Friday in support of the protests against police abuse against African Americans saying, "Target leaders are assembling community members, partners and local officials to help identify what more we Calif.n do together and what resources are required to help families, starting right here in Minnesota. Before taking on this beat, I spent three years covering retail and e-commerce, and the three before that chasing the super-rich for our Forbes 400 and World's Billionaires lists. The founder of lifestyle and fitness brand CrossFit is facing the figurative torches of the outrage mob after daring to make a comment about George Floyd on Twitter. Steinhafel will remain on board in an advisory capacity. Email me at coconnor@forbes.com.Target's CFO John Mulligan will lead the $40 billion (market cap) discount giant until a replacement is named. He held
 himself personally accountable and pledged that Target would emerge a better 
company. Target’s stock rose about 1% Tuesday morning. Email. Share. We apologize for the inconvenience and will reopen our stores on their normally scheduled hours as soon as it is safe to do so. He also led the company
 through unprecedented challenges, navigating the financial recession, reacting 
to challenges with Target’s expansion into Canada, and successfully defending 
the company through a high-profile proxy battle. "We adjusted hours or closed more than 200 stores over the weekend," a Target spokesperson confirmed to USA TODAY.After protesters took to the streets last Thursday, a Target store in St. Paul, Minnesota, became the poster child for the escalating riot in the city.The company announced that employees impacted by store closures will be paid for up to 14 days of scheduled hours, including COVID-19 premium pay, and –where it is possible – they will be able to work at other nearby Target locations.

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