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Target names insider Fiddelke

Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% since 2021.

Reuters on MSN · 1d

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 challenges over recent years that caused its shares to vastly lag those of its peers.

Bloomberg L.P. · 1d

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.

Target, CEO Cornell

FOX 7 Austin · 1d

Target’s CEO Brian Cornell will step down, COO to succeed him

Target's chief operating officer, Michael Fiddelke, is set to succeed current CEO Brian Cornell in 2026. Cornell will transition to the role of executive chair of the board of directors. MINNEAPOLIS (FOX 9) - Target CEO Brian Cornell will be replaced by chief operating officer Michael Fiddelke in early 2026.

ABC News on MSN · 1d

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. In recent years, Target has suffered sluggish sales as the company weathered consumer boycotts over its Pride collection and a rollback of its diversity, equity and inclusion policies.

CNN on MSN · 1d

Target’s CEO is stepping down as customers turn away

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.

18hon MSN

Target’s in a brand identity crisis. It’s not alone

Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup ...

Mediaite on MSN1d

Liberals Crow After Target CEO Resigns Amid Backlash Over DEI Reversal: ‘Go Anti-Woke, Go Broke’

Brian Cornell is stepping down from his role as CEO of Target as the beleaguered retailer struggles with declining sales, new ...

1don MSN

Target’s stock drops as longtime CEO Brian Cornell’s planned departure overshadows an earnings beat

That news overshadowed fiscal second-quarter results that beat profit and sales expectations, amid a meaningful improvement ...

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