Target Picks Pepsi Veteran as New CEO

The Wall Street Journal
July 31, 2014 AT 10:36 AM
Target named PepsiCo executive Brian Cornell as its new chief executive, turning to an outsider for the first time in its history to repair a battered corporate culture and navigate a sea change in Americans' shopping habits. Paul Ziobro joins MoneyBeat with Paul Vigna. Photo: Getty Images.