Financial Expert Dan Celia: Why Does Brian Cornell Still Have a Job?
PHILADELPHIA, Pa.—Today, several days after a damaging Wall Street Journal article showed internal turmoil over Target’s decision to publicize its open bathroom and fitting room policy nearly a year ago, financial expert and nationally syndicated host Dan Celia is wondering why CEO Brian Cornell still has a job.
“For many months since the Target issue over bathrooms began, I’ve been saying that Brian Cornell should have been fired and its board replaced for the inability and apparent lack of desire to do what is best for Target stockholders,” Celia said. “I also find it amazing that after Cornell’s admission last week that the policy should have never been publicly disseminated, he’s also indicating that he knew nothing about it. Even more astonishing is that Target is seemingly not budging, even after alienating close to 1.5 million people who have signed a petition to boycott its stores. And in all likelihood, those 1.5 million represent 1.5 million families. How many retail organizations and big-box stores would pass up an opportunity to regain the confidence and, more importantly, the dollars of 1.5 million families? This is a classic and pathetic case of political correctness and ideology getting in the way of good business.”
Celia leads Financial Issues Stewardship Ministries (FISM, www.financialissues.org). Read more about Celia, FISM and the “Financial Issues” program here.
To interview Dan Celia of Financial Issues Stewardship Ministries, contact Jen Retallick, 610-584-1096, x100, Media@HamiltonStrategies.com, or Deborah Hamilton, 215-815-7716 or 610-584-1096, x102.