Target CEO Cornell to stay on for three more years By Reuters

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© Reuters. FILE PHOTO: Brian Cornell, CEO of Target Corp., speaks during a forum at the 2019 National Retail Foundation: Retails Big show in New York City, New York, U.S., January 14, 2019. REUTERS/Shannon Stapleton

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(Reuters) – Target Corp (NYSE:) said on Wednesday Brian Cornell would stay on as chief executive officer for three more years, with the retailer scrapping its policy of CEOs having to retire at the age of 65.

Cornell is currently 64.

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