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Target names COO Michael Fiddelke

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.

The Boston Globe · 6m

Target CEO to step down amid company struggles

Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1.

USA TODAY on MSN · 2h

Target CEO Brian Cornell steps down; Michael Fiddelke takes over after weak quarter

Prior to being named chief operating officer in January 2024, Fiddelke was Target's chief financial officer. In addition to assuming the role of CEO, Fiddelke will join Target's b

Target, CEO and Retail

Fox Business · 10h

Target names new CEO as retailer fights to reverse sales slump

Michael Fiddelke, Target's current chief operating officer, will replace CEO Brian Cornell on Feb. 1 as the retailer works on its turnaround strategy.

People on MSN · 7h

Target CEO Resigns After 11 Years amid Retailer's Plummeting Sales and DEI Rollback

After 11 years in the role, Cornell will leave his post at the beginning of next year, per CNN, CNBC and AP. He will be replaced by Michael Fiddelke, Target’s current chief operating officer, on Feb. 1, 2026. Fiddelke has been with the company for 20 years and started as an intern.

Wall Street Journal · 8h

Target Shares Tumble After Retailer Names a Lifer to Steer Its Turnaround

The chief operating officer, who will take the top job in February, said the retailer needs to revive its focus on stylish merchandise.

Target Q2: Earnings Beat Overshadowed By CEO Transition

Target's Q2 earnings beat estimates, but profitability remains under pressure with declining margins and net income down over ...

10h

TGT stock price: Why are Target shares dropping today—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 that its current CEO, Brian Cornell, will be stepping down from the role ...

26m

Why Jamal Bryant Says Target Boycott Will Continue Despite CEO Stepping Down

Target announced Wednesday that its CEO, Brian Cornell, will be stepping down from his role early next year. The news comes ...

Target CEO Shakeup May Breathe Fresh Life Into Target

Target Corporation's stock dip is more about politics than performance. Explore the potential opportunity under new ...

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported ...

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.