Does having two top dogs make sense? By Jordyn Holman When Target said on Wednesday that its chief executive, Brian Cornell, would step down, the company noted that he wouldn’t go very far. In February, after 12 years at the helm, Mr. Cornell will ...

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

This tenure is what makes him the perfect fit to take on the CEO position from Brian Cornell in February, according to Target’s board. But industry analysts seem more cautious about the decision to promote internally instead of looking outward for ...

El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las

Target’s CEO Brian Cornell will step down on February 1, 2026, after 11 years, with Chief Operating Officer Michael Fiddelke, a 20-year company veteran, taking the helm. “Fiddelke was chosen from a strong list of external and internal candidates ...

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.

S hares of Target Corp. slumped 9.4% in premarket trading Wednesday, after the discount retailer said it was replacing for Chief Executive Brian Cornell, who has been in charge for the past 11 years, with current Chief Operating Officer Michael Fiddelke, effective Feb. 1, 2026.

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.