MINNEAPOLIS, June 11, 2020 /PRNewswire/ -- Target
Corporation (NYSE:TGT) today announced voting results from its 2020
Annual Meeting of Shareholders. Shareholders elected 11 members of
the board of directors, ratified the appointment of Target's
independent registered public accounting firm, approved the "Say on
Pay" management proposal and approved the Target Corporation 2020
Long-Term Incentive Plan.
The Carideo Group, the independent Inspector of Elections, has
certified all voting results for the Annual Meeting, held on
June 10, 2020. The final tabulation
indicates that approximately 442,601,633 million shares were voted,
representing 88.6 percent of outstanding shares.
The final tabulation of votes for each proposal is as
follows:
1. Shareholders elected each of the following board nominees for
a one-year term by a majority of the votes cast:
Nominee
|
Percent For
|
Percent
Against
|
Douglas M. Baker,
Jr.
|
97.9
|
2.1
|
George S.
Barrett
|
99.5
|
0.5
|
Brian C.
Cornell
|
93.8
|
6.2
|
Calvin
Darden
|
96.2
|
3.8
|
Robert L.
Edwards
|
99.3
|
0.7
|
Melanie L.
Healey
|
99.1
|
0.9
|
Donald R.
Knauss
|
99.5
|
0.5
|
Monica C.
Lozano
|
99.3
|
0.7
|
Mary E.
Minnick
|
96.1
|
3.9
|
Kenneth L.
Salazar
|
97.9
|
2.1
|
Dmitri L.
Stockton
|
98.9
|
1.1
|
2. Shareholders ratified the appointment of Ernst & Young
LLP as Target's independent registered accounting firm for fiscal
2020:
|
Percent
|
For
|
94.2
|
Against
|
5.6
|
Abstain
|
0.2
|
3. Shareholders approved, on a non-binding advisory basis,
Target's executive compensation ("Say on Pay"):
|
Percent
|
For
|
93.6
|
Against
|
6.4
|
4. Shareholders approved the Target Corporation 2020 Long-Term
Incentive Plan.
|
Percent
|
For
|
93.7
|
Against
|
5.9
|
Abstain
|
0.4
|
About Target
Minneapolis-based Target
Corporation (NYSE: TGT) serves guests at nearly 1,900 stores and at
Target.com. Since 1946, Target has given 5% of its profit to
communities, which today equals millions of dollars a week. For the
latest store count or for more information, visit
Target.com/Pressroom. For a behind-the-scenes look at Target, visit
Target.com/abullseyeview or follow @TargetNews on Twitter.
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SOURCE Target Corporation