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Target, Michael Fiddelke and role” Cornell

The Dallas Morning News · 7h

Target stock slumps after retailer names insider Fiddelke to CEO role

Investors panned Target’s choice of insider Michael Fiddelke as CEO on Wednesday, viewing the 20-year company veteran as unlikely to fix the retailer’s

Star Tribune on MSN · 12h

Target’s Brian Cornell to hand CEO job to Michael Fiddelke in February

Longtime Target Corp. CEO Brian Cornell will step down in February after more than a decade guiding the Minneapolis-based retailer through major changes. Michael Fiddelke, 49, Target’s current chief operating officer,

The New York Times · 5h

Target Names New C.E.O. as It Tries to Break Sales Slump

Target on Wednesday named a new chief executive, Michael Fiddelke, the company’s chief operating officer and a 20-year company veteran, who said that improving the retail giant’s sputtering finances was “urgent” as he prepared to step into the top job.

Target picks insider

The Associated Press on MSN · 43m

Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year

Target, which has about 1,980 U.S. stores, has been the focus of consumer boycotts since late January, when it joined rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.

Los Angeles Times · 8h

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 · 12h

Target 2Q Sales Drop; New CEO to Take Over in February

Outgoing Chief Executive Brian Cornell said the company benefited from improved traffic and sales trends, as well as disciplined cost management, in the second quarter. Cornell will be replaced by operating chief Michael Fiddelke,

4hon MSN

Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target ...

1hon 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 ...

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