Target Announces Voting Results from 2025 Annual Meeting of Shareholders
MINNEAPOLIS, June 13, 2025 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced voting results from its 2025 Annual Meeting of Shareholders held on June 11, 2025 ("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, and rejected one shareholder proposal.
The Carideo Group, the independent Inspector of Election, has certified all voting results for the Annual Meeting. The final tabulation indicates that 391,209,355 shares were voted, representing approximately 86.1 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 | 99.3 | 0.7 |
Douglas M. Baker, Jr. | 97.0 | 3.0 |
George S. Barrett | 96.8 | 3.2 |
Gail K. Boudreaux | 99.2 | 0.8 |
Brian C. Cornell | 91.0 | 9.0 |
Robert L. Edwards | 99.0 | 1.0 |
Donald R. Knauss | 98.8 | 1.2 |
Christine A. Leahy | 96.4 | 3.6 |
Monica C. Lozano | 96.3 | 3.7 |
Grace Puma | 99.4 | 0.6 |
Derica W. Rice | 96.3 | 3.7 |
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 2025:
Percent | |
For | 93.3 |
Against | 6.4 |
Abstain | 0.3 |
3. Shareholders approved, on an advisory basis, Target's executive compensation ("Say on Pay"):
Percent | |
For | 92.2 |
Against | 7.8 |
4. Shareholders did not approve a shareholder proposal requesting a report on how affirmative action initiatives impact Target's risks related to actual and perceived discrimination:
Percent | |
For | 7.1 |
Against | 91.5 |
Abstain | 1.4 |
About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center.
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SOURCE Target Corporation
