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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% ...

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 ...
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Can Target’s new CEO hit the bullseye?

The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to ...

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 ...

TGT stock price: Why are Target shares dropping—and who is Michael Fiddelke?

In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced ...

Target promotes insider Fiddelke to CEO, beats quarterly estimates

Target named insider Michael Fiddelke on Wednesday as its new CEO to succeed long-time top boss Brian Cornell, and beat ...

Target hires a veteran as its new CEO, as it tries to turn itself around. Some say the move lacks ‘pop.’

Analysts say incoming CEO Michael Fiddelke “deserves a chance to prove himself,” though it could take time and more money for ...