CEO Pay Watch: Target's Gregg Steinhafel: $23.4 million

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  • Updated: April 30, 2013 - 5:44 AM

Gregg Steinhafel, Target Corp. chairman, president, CEO

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potter101Apr. 30, 1312:00 AM

The average executive in the US makes 12 million a year , That is ten times higher then anywhere else in the world. They are not worth it. The way they get these wages are by boards that set these wages t=of jobs that they strive to obtain,. This in a worlds market is against the best interest of this country

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joe_mnApr. 30, 13 7:09 AM

target stock is flat or down? when was he given stock options where stock was so cheap? in 1984? i thought options where limited in time? last last year or 2 yrs ago?

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nonewtaxesApr. 30, 13 7:09 AM

I am a shareholder, and I am pleased with my returns this year. The CEO only gets a large bonus when shareholders also do well.

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dirtydogsApr. 30, 13 8:36 AM

Too bad companies profits are coming from moving jobs overseas and laying off their American workers. How many employees in IT and finance does Target outsource overseas?

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cavellApr. 30, 13 9:17 AM

Stock option? U r CEO, so we GIVE u 1 million options. If u work hard, stock rises. U get huge money. Joe avg worker gets zero options. Oh, he can BUY stock but that means he has to use his meager pay to do so.

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marathongirlApr. 30, 13 2:04 PM

cavell - I just started with a company that gave out options to each of us in starting. No, not all companies do that, but some do...thing is, most of this salary and money come from exercising the options which he had to have the stock increase to get a gain. It's much better tahn the big 4 that were paying their CEOs millions and losing money and buying out contracts and giving them big bonuses. Target is doing fine, why shouldn't he get paid for the stress he goes through? How much do the highest paid baseball, basketball, football and hockey players get? How about actors? No one complains about their pay.

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