Target Gulfstream G280 Lands in Colorado Amid Shareholder Tension and Annual Meeting Fallout

Target Corporation’s Gulfstream G280, tail number N585PL, touched down at Montrose Regional Airport just before 9 a.m. local time on June 18, following a short hop from Canton Municipal Airport in Texas. The one-hour, 41-minute flight reached a maximum altitude of 43,025 feet and a top speed of 470.5 knots, delivering passengers from the Canton area to Colorado’s western slope.

The trip arrives the same week Target is absorbing the aftermath of a turbulent annual shareholder meeting held on June 10 in Minneapolis. As reported by Supermarket News citing regulatory filings, nearly 13 percent of shareholders voted against reelecting Executive Chair and former CEO Brian Cornell, and support for Lead Independent Director Christine Leahy dropped roughly eight percent from 2025. The results reflect growing investor impatience with Target’s operational stumbles, declining store sales, and repeated social controversies that have alienated key customer segments, according to a joint letter from SOC Investment Group, Trillium Asset Management, and Mercy Investment Services.

Target’s corporate fleet has logged a flurry of flights over the past week, including return trips to Minneapolis from Chicago, Washington D.C., and Atlanta, before this Texas-to-Colorado leg. Montrose—a gateway to Telluride and other Rocky Mountain resorts—is not among the retailer’s usual business hubs, suggesting a personal or strategic planning retreat rather than a routine board or investor meeting. The quiet pivot from headquarters to high country underscores a company regrouping even as its leadership retains control, with shareholders left to weigh the boardroom’s altitude against the distance from the checkout line.