target michael fiddelke

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Michael Fiddelke takes over

From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?

Michael Fiddelke will become Target's new CEO in February 2026, completing a remarkable 22-year journey from company intern to chief executive.

USA TODAY on MSN · 20h

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.

CBS News on MSN · 18h

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, Lead Turnaround

Bloomberg L.P. · 14h

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.

MarketWatch · 1d

Target leads S&P laggards after announcing CEO change

Target Corp. is leading the S&P 500 index’s decliners after the discount retailer announced that Chief Executive Brian Cornell is stepping down next year, to be replaced by the company’s Chief Operating Officer Michael Fiddelke.

CNN · 1d

Target’s CEO is stepping down as customers turn away

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.

Target (TGT) Announces Leadership Transition As Earnings Decline With US$0 Million Share Buyback

Target (TGT) recently announced a CEO transition, with Michael Fiddelke set to replace Brian Cornell, highlighting continuity ...

Retail Dive1h

Can Target’s new CEO hit the bullseye?

The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to ...

AOL10h

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 ...

1don MSN

Who is Target’s next CEO, Michael Fiddelke?

Target Corp. on Wednesday named Michael Fiddelke as its new chief executive, promoting the company veteran who has served as ...

18h

Target appoints new boss as it seeks to revive sales

US retail giant Target has appointed a new chief executive as it struggles to reverse a decline in sales and its share price. The leadership change comes as rising prices and uncertainty over the ...

1don MSN

Target hires a veteran as its new CEO, as it tries to turn itself around. Some say the move lacks ‘pop.’

Analysts say incoming CEO Michael Fiddelke “deserves a chance to prove himself,” though it could take time and more money for ...

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