Bob Ulrich

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Target CEO to Step Down
Target CEO to Step Down

Target CEO to Step Down

With sales lagging, retiring Ulrich will give way to president Steinhafel

(Newser) - Target CEO Bob Ulrich, 65, will retire May 1, to be replaced by the president Gregg Steinhafel, the Wall Street Journal reports. Though Target almost tripled sales during Ulrich's 13-year tenure, it's recently had a run of weak sales. "Our board and I have great confidence in Gregg as...

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