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Target names Michael Fiddelke CEO

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.

Fox Business · 14h

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.

Reuters · 16h

From intern to top boss — who is Michael Fiddelke, Target's new CEO

Target named longtime company veteran Michael Fiddelke as its CEO, replacing retail industry bigwig Brian Cornell, effective February 1, 2026.

Target CEO Brian Cornell steps down

CNN International on MSN · 7h

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.

The Boston Globe · 4h

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.

Associated Press News on MSN · 16h

Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year

Target is counting on a company veteran to revive its magic as it struggles to compete with rivals like Walmart. The Minneapolis-based retailer said Wednesday that Chief Operating Officer Michael Fiddelke,

8hon MSN

What went wrong at Target

Activists and customers on the right attacked Target on social media for its LGBTQ-themed merchandise during Pride Month.

8hon MSN

Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target ...

22hon MSN

Target will report earnings before the bell. Here's what to expect

Target will report fiscal second-quarter earnings before the bell on Wednesday, as investors look for signs that the ...

17h

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 ...

2hon MSN

I've Shopped at Target for 20+ Years and These Are the Fall Décor Finds That Instantly Made My Home Cozier — Starting at $6

I’m a longtime Target shopper, and I found cozy fall home décor for under $30, including wood candlesticks, framed art, and ...

14h

Target Stock Heads for Worst Session Since 'Liberation Day' Selloff

Shares in Target sank after the retailer reported its 11th straight quarter of flat or falling sales, and said Chief ...

2hon MSN

Pastor who led DEI boycott against Target speaks after CEO steps down

CNN’s Kate Bolduan talks with Pastor Jamal H. Bryant, a leader of a boycott of Target over DEI policies, about CEO Brian ...

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