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Target, Cornell

Target CEO Brian Cornell is stepping down. His replacement is a company insider who joined as an intern.

Chief operating officer and former chief financial officer, Michael Fiddelke, will take over from Brian Cornell as boss of the retailer in February.

USA TODAY on MSN · 20h

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

Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the company said in a release. Cornell, who has served as the company's CEO since 2014, will step down and Fiddelke will take over the role on Feb. 1, 2026.

Yahoo Finance · 1d

Target CEO Brian Cornell to exit

The executive shaped the mass retailer’s reputation and performance for over a decade. He will be succeeded by COO Michael Fiddelke.

El director de operaciones de Target dirigirá la firma tras la marcha de su jefe Brian Cornell

El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir ...

Retail Dive1h

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 ...

18hon MSN

Target’s stock drops as long-time CEO Brian Cornell’s planned departure overshadows an earnings beat

S hares of Target Corp. slumped 9.4% in premarket trading Wednesday, after the discount retailer said it was replacing for ...

Sourcing Journal on MSN22h

Target CEO Cornell Resigns, but His Delivery and Fulfillment Investments Endure

The retailer is examining its Chicago-area stores to understand how each location is best suited to fulfill online orders, ...

17h

Target appoints new boss as it seeks to revive sales

US retail giant Target has appointed a new chief executive as it struggles to reverse a decline in sales and its share price. The leadership change comes as rising prices and uncertainty over the ...

16hon MSN

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 ...

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