CNN’s Kate Bolduan talks with Pastor Jamal H. Bryant, a leader of a boycott of Target over DEI policies, about CEO Brian Cornell stepping down after 11 years at the retailer.
Breakdown
- Target CEO Brian Cornell announced his resignation after 11 years. 20s
- A boycott led by Pastor Jamal Bryant over DE&I policy rollbacks contributed to the decision. 29s
- The boycott resulted in decreased foot traffic and a drop in Target's stock price and valuation. 35s
- Cornell will stay on as executive chairman while a 22-year Target veteran becomes CEO. 1m 23s
- Pastor Bryant is skeptical about significant changes under the new CEO but is open to dialogue. 1m 47s