Target has overhauled its executive compensation plan due to low shareholder support.
Former CEO Gregg Steinhafel’s total compensation dropped 37 percent last year to $13 million amid a credit-card breach that affected millions.
Meanwhile, interim CEO John Mulligan saw his total pay rise 4 percent last year to $4.6 million.
Shares of the retailer were higher on the news. (Click here for the latest quote.)