Activist Investors Urge Target Shareholders to Vote Against Leadership Over DEI and ICE Policies
A coalition of activist investors is urging shareholders to vote against the reelection of Target's Executive Chair Brian Cornell and Lead Independent Director Christine Leahy. They attribute declining financial performance to strategic missteps, including scaling back diversity initiatives and Pride merchandise, as well as a limited response to ICE raids at Minnesota locations.
Tickers: $TGT
Topics: activist_investors diversity_equity_inclusion reputational_risk