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Michael Fiddelke Named Target's New CEO

IBTimes UK on MSN · 12h

Target CEO Stepping Down: Where Did It All Go Wrong And Can Michael Fiddelke Save the Brand?

Target CEO Brian Cornell steps down in 2026 as sales slump and DEI backlash grow. Michael Fiddelke named successor amid investor concerns.

Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer clearer to unwinding the damage from DEI missteps.

CBS News on MSN · 15h

Target CEO Brian Cornell will step down in February, COO Michael Fiddelke will take his place

Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down Feb. 1.

Target picks insider

Target CEO stepping down in 2026

After a turbulent summer of customer boycotts and frustration, the CEO of Target says he will step down next year.

Target picks insider as new CEO - 20 Aug 2025

The retail giant Target announced that Chief Operating Officer, Michael Fiddelke, will take over as chief executive in February next year when the current CEO steps down. Wall Street appears less than enthusiastic about the choice,

Bloomberg L.P. · 11h

Target Picks Insider as CEO to Lead Turnaround; Shares Drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

Baking Business1h

Target Q2 performance reflects challenges ahead for next CEO

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says

Good morning. There’s more executive turnover in the Fortune 500. Target CEO Brian Cornell is stepping down, and Michael ...

1d

Target Shares Tumble After Retailer Names a Lifer to Steer Its Turnaround

The chief operating officer, who will take the top job in February, said the retailer needs to revive its focus on stylish ...

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