Off Target

High price paid to Target Canada CEO for incompetence

I saw on the news that 17,600 Target employees in Canada were to divide $54 million (U.S. funds) as a severance package.

I would bet that the lion share of this would go to store managers and district managers.

At the same time, the CEO of Target Canada would receive $61 million (U.S. funds) as his severance and he failed to make the business work in Canada.  A high price for incompetence.

I believe this underscores the economic problems in the world today.

Ken Jack, Vernon

 

 

Vernon Morning Star