July 31 (Reuters) - Target Corp is hiring PepsiCo Inc executive Brian Cornell as its new chief executive, the Wall Street Journal reported.
Cornell, who has spent nearly a decade at PepsiCo, was a contender to succeed PepsiCo CEO Indra Nooyi, the newspaper reported. (on.wsj.com/1xCMUqk)
Target and Pepsi did not immediately respond to emails seeking comments. (Reporting by Supriya Kurane and Arnab Sen in Bangalore; Editing by Gopakumar Warrier)