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Target, Michael Fiddelke

USA TODAY on MSN · 2h

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.

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.

Insider on MSN · 10h

Who is the new Target CEO, Michael Fiddelke?

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, operations, and human resources.

Target CEO to step down

The Des Moines Register on MSN · 3h

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 reacted negatively to the appointment, causing Target's shares to drop over 6%. An Iowa native and University of Iowa graduate will be the new top executive of Target, one of the nation's largest retail chains.

Seattle Times · 3h

Target CEO to step down amid company struggles

Target CEO Brian Cornell plans to step down Feb. 1. Chief Operating Officer Michael Fiddelke will succeed him.

ABC News on MSN · 7h

Target CEO to step down as sales remain sluggish

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.

7hon 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 ...

5hon 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 ...

12hon MSN

Target names insider Fiddelke as CEO to guide turnaround

Target promoted insider Michael Fiddelke on Wednesday as its new CEO to turn around the struggling retailer after a series of ...

1h

Target’s incoming CEO has a heavy lift, as a promised turnaround is not yet close

Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...

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