MINNEAPOLIS, June 12, 2026 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced voting results from its 2026 Annual Meeting of Shareholders held on June 10, 2026 ("Annual Meeting"). Shareholders elected all 12 nominees for the board of directors, ratified the appointment of Target's independent registered public accounting firm, approved the advisory "Say on Pay" management proposal, approved the Amended and Restated Target Corporation 2020 Long-Term Incentive Plan, and rejected three shareholder proposals.
The Carideo Group, the independent Inspector of Election, has certified all voting results for the Annual Meeting. The final tabulation indicates that 392,543,988 shares were voted, representing approximately 86.4 percent of Target's outstanding shares as of the record date.
The final tabulation of votes for each proposal is as follows. Voting percentages may not foot due to rounding.
1. Shareholders elected each of the following board nominees for a one-year term:
Nominee |
Percent For |
Percent Against |
David P. Abney |
97.5 |
2.5 |
George S. Barrett |
89.9 |
10.1 |
Gail K. Boudreaux |
97.0 |
3.0 |
Stephen B. Bratspies |
98.3 |
1.7 |
Brian C. Cornell |
87.2 |
12.8 |
Robert L. Edwards |
97.2 |
2.8 |
Michael J. Fiddelke |
99.1 |
0.9 |
John R. Hoke III |
98.8 |
1.2 |
Christine A. Leahy |
88.5 |
11.5 |
Monica C. Lozano |
95.2 |
4.8 |
Derica W. Rice |
96.5 |
3.5 |
Dmitri L. Stockton |
95.5 |
4.5 |
2. Shareholders ratified the appointment of Ernst & Young LLP as Target's independent registered accounting firm for fiscal 2026:
Percent |
For 93.5 |
Against 6.3 |
Abstain 0.2 |
3. Shareholders approved, on an advisory basis, Target's executive compensation ("Say on Pay"):
Percent |
For 89.0 |
Against 11.0 |
4. Shareholders approved the Amended and Restated Target Corporation 2020 Long-Term Incentive Plan:
Percent |
For 95.0 |
Against 4.3 |
Abstain 0.7 |
5. Shareholders did not approve a shareholder proposal requesting a policy requiring the Board Chair to be an independent director:
Percent |
For 38.1 |
Against 61.4 |
Abstain 0.5 |
6. Shareholders did not approve a shareholder proposal requesting a report on presence of pesticides in Target's private label brands:
Percent |
For 16.9 |
Against 81.6 |
Abstain 1.5 |
7. Shareholders did not approve a shareholder proposal requesting a report on reducing plastic microfiber shedding:
Percent |
For 18.4 |
Against 80.3 |
Abstain 1.3 |
About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.
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SOURCE Target Corporation
