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Target Picks Insider

New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says

Target CEO Brian Cornell is stepping down, and Michael Fiddelke, chief operating officer (COO), will become chief executive on Feb. 1, 2026. Cornell has led Target for 11 years. Fiddelke began his career at Target as an intern in 2003.

Bloomberg L.P. · 13h

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.

CNBC on MSN · 1d

Target shares tumble as retailer picks new CEO, says sales fell again

Reestablishing Target's reputation as a retailer with stylish and unique items, providing a more consistent customer experience, and using technology

Target CEO Brian Cornell steps down

CNN International on MSN · 22h

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.

Inc.com · 1d

Target Just Named Its New CEO. Here’s What It Means for the Retail Giant

Shares for the Minneapolis-headquartered company dropped more than 10 percent after Target made the announcement.

USA Today · 18h

Minneapolis-based Target names new CEO as Brian Cornell steps down after 10 years

Target CEO Brian Cornell announced he will step down from the position. Here’s what to know about one of Minneapolis’ top employers.

7hon MSN

Analysis-Target's new CEO pick raises doubts about its much-needed brand reboot

By Siddharth Cavale, Juveria Tabassum and Sayantani Ghosh (Reuters) -Target needs a hard reset on strategy, Wall Street ...

22hon 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.

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 ...

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% ...

1hon MSN

Walmart is surging ahead of Target as tariffs take a toll

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...

5hon MSN

How Target let Walmart steal its rizz

It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO ...

21hon MSN

Target's next CEO started as an intern—and rose up the ranks over 22 years

Michael Fiddelke, Target's next CEO, started at the company as an intern and worked his way up — getting promoted or changing ...

3hon 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 ...

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