April 27, 2021

Brian Cornell

Board Chairman & CEO / Target Corporation

Brian Cornell addressed The Economic Club of Chicago on Tuesday, April 27. The conversation was moderated by Mary Dillon, CEO, Ulta Beauty, and Economic Club board member.

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Brian Cornell on the importance of retail innovation.


Brian Cornell

Board Chairman & CEO / Target Corporation

Brian Cornell is board chairman and CEO of Target Corp. He is responsible for Target’s global business, including the company’s nearly 1,900 U.S. stores, digital properties and more than 350,000 team members. Cornell joined Target in August 2014 after more than 30 years in escalating leadership positions at leading retail and global consumer product companies, including three CEO roles and more than two decades doing business in North America, Asia, Europe and Latin America. His past experience includes time as both a vendor partner and a competitor to Target, and he brings insights from those roles to the company today. Cornell currently serves as the non-executive chairman of the board of directors for Yum! Brands and is the Immediate Past Chairman of the Retail Industry Leaders Association (RILA). He previously served as a director for other global brands, including The Home Depot and Polaris Industries. Cornell is also a board member for Catalyst and the Smithsonian’s National Museum of African American History and Culture. He earned a bachelor’s degree from UCLA in 1981 and attended its Anderson School of Management.


Mary Dillon

Chief Executive Officer / Ulta Beauty

Mary N. Dillon is Chief Executive Officer of ULTA Beauty, a position she has held since July 2013. She brings three decades of experience leading consumer-driven brands to the role, as well as a passion for leveraging consumer insights and customer­focused strategies to propel share gains and profitable growth. With Dillon’s strategic direction, ULTA Beauty has continued to see excellent sales growth and momentum in its e-commerce business and has completed the most ambitious, annual store opening program in company history, bringing the total to more than 715 stores in 47 states. Fortune Magazine recently featured her as #8 on its 2014 Business Person of the Year Top 50 listing, an accolade resulting from a compilation of financial results, company stock performance, shareholder returns and nonfinancial elements such as leadership style and strategic initiatives.