Douglas Dayton, Date of Birth, Place of Birth, Date of Death

    

Douglas Dayton

American businessman

Date of Birth: 02-Dec-1924

Place of Birth: Minneapolis, Minnesota, United States

Date of Death: 05-Jul-2013

Profession: businessperson

Nationality: United States

Zodiac Sign: Sagittarius


Show Famous Birthdays Today, United States

👉 Worldwide Celebrity Birthdays Today

About Douglas Dayton

  • Douglas James Dayton (December 2, 1924 – July 5, 2013) was an American businessman and philanthropist who helped establish Target Corporation and served as the company's first president. Dayton served in the Army during World War II, earning a Purple Heart.
  • After the war, he joined the family business, Dayton's department store.
  • He held various positions in the company, and urged the company to take advantage of the emerging discount store market.
  • In 1960, he became the first president of Dayton's new discount subsidiary, Target.
  • He oversaw the company's expansion until 1969 when he became a vice president of Target's parent company after a merger.
  • Dayton left the business in 1972, forming a venture capital firm in 1974.
  • He retired in 1994 but remained active in charity work until his death in 2013.

Read more at Wikipedia