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Target CEO Brian Cornell steps down; Michael Fiddelke takes over after weak quarter
Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the company said in a release. Cornell, who has served as the company's CEO since 2014, will step down and Fiddelke will take over the role on Feb. 1, 2026.
Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% ...
The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to ...
In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced ...
Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing ...
“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target ...
Target (TGT) recently announced a CEO transition, with Michael Fiddelke set to replace Brian Cornell, highlighting continuity ...
(Reuters) -Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person ...
Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...
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