Target, Brian Cornell and Michael Fiddelke
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The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to others.
El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las
Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.
ATLANTA - Pastor Jamal Bryant, who spearheaded a boycott against Target, is weighing in after the company’s CEO announced his resignation. Target said Wednesday that Brian Cornell will step down as chief executive amid declining sales. He will be replaced by the company’s chief operating officer.
The Minneapolis-based retailer certainly has challenges now, but looking back, it’s clear Target was in a make-or-break moment when Brian Cornell took charge 11 years ago.
Target CEO Brian Cornell will step down early next year after more than a decade at the helm of the $107 billion retail giant, the company said on Wednesday. In recent years, Target has suffered sluggish sales as the company weathered consumer boycotts over its Pride collection and a rollback of its diversity,