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Target, Fiddelke and CEO Cornell

Yahoo Finance · 2m

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.

Fox Business on MSN · 18h

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.

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.

Target shares drop

CNBC on MSN · 10h

Target shares tumble 9% as retailer picks new CEO, says sales fell again

Target named Michael Fiddelke as its new CEO, effective Feb. 1. Target beat Wall Street's earnings and sales expectations and reaffirmed its outlook on Wednesday, even as the company's sales and traffic across its stores and website declined.

The Financial Times · 21h

Target shares drop as retailer picks insider to lead turnaround drive

Target shares fell more than 6 per cent after the retail group picked an insider to succeed veteran chief executive Brian Cornell to engineer a turnaround after years of disappointing sales. Michael Fiddelke,

ABC 17 News · 14h

Target’s CEO is stepping down as sales continue to plunge

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. Cornell’s departure was widely expected. Some industry analysts believed Target should bring in an outside voice to lead the company,

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 ...

18hon MSN

Iowa native set to become Target CEO as company faces financial struggles

Fiddelke, an Iowa native and University of Iowa graduate, has been with Target since 2003, starting as an intern. Investors ...

23hon 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 ...

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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