Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.

Target is reeling as sales have stalled and its stock price has plunged. The company faced backlash after a rollback of its DEI initiatives prompted a boycott that slowed store traffic nationwide, one of the factors that pushed CEO Brian Cornell to step down.

Long-time Target CEO Brian Cornell is stepping down next year, but Pastor Jamal Bryant insists the boycott will persist.

El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las

Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant, the company said on Wednesday. In recent years, Target has suffered sluggish sales as the company weathered consumer boycotts over its Pride collection and a rollback of its diversity,

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

The Minneapolis-based retailer certainly has challenges now, but looking back, it’s clear Target was in a make-or-break moment when Brian Cornell took charge 11 years ago.