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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.
Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...
An Iowa native and University of Iowa graduate will be the new top executive of Target, one of the nation's largest retail ...
On the call, Fiddelke outlined a three-part plan for Target to reclaim profitable growth. First, he said that Target had to ...
Discover why Target stock offers a compelling buy opportunity with a 4.6% dividend yield, potential turnaround, and double-digit returns over the next ...
Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing ...
Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% ...
US retail giant Target has appointed a new chief executive as it struggles to reverse a decline in sales and its share price.
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