target michael fiddelke

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Target, Michael Fiddelke and CEO Cornell

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

Target's board of directors has appointed a new chief executive officer to lead the retail giant, the company announced Aug. 20.

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Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

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Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

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How Target let Walmart steal its rizz

Cornell, who the company announced yesterday will step down as CEO on February 1, was an outsider unafraid to move fast and break things.

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Target stocks fall after CEO steps down, quarter earnings report emerges

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Target CEO Brian Cornell to step down, COO announced as replacement

Target Stock Sinks

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Iowa native set to become Target CEO as company faces financial struggles

Michael Fiddelke, current COO, will replace Brian Cornell as Target's CEO on Feb. 1.

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Target replacing its CEO amid company struggles

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Target Stock Sinks as Retailer Replaces CEO With Company Veteran

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Target leads S&P laggards after announcing CEO change

Target Corp. is leading the S&P 500 index’s decliners after the discount retailer announced that Chief Executive Brian Cornell is stepping down next year, to be replaced by the company’s Chief Operat...

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Target Names New C.E.O. as It Tries to Break Sales Slump

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Target’s CEO is stepping down as customers turn away

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

The Minneapolis-based retailer said Wednesday that Chief Operating Officer Michael Fiddelke, who has been with Target for 20 years, will become CEO Feb. 1.

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Target CEO's stepping down: What we know

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Target CEO Brian Cornell steps down after 10 years, new CEO named

Retail Dive5h

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 others.

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Target names insider Fiddelke as CEO to guide turnaround

Target promoted insider Michael Fiddelke on Wednesday as its new CEO to turn around the struggling retailer after a series of challenges over recent years that caused its shares to vastly lag those of its peers.

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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 that its current CEO, Brian Cornell, will be stepping down from the role in February 2026. On February 1, its new CEO, Michael Fiddelke, will take the reins. Cornell has been Target’s CEO since 2014.

Target names insider Michael Fiddelke new CEO, succeeding Brian Cornell, who led retailer since 2014

Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.

Target Just Changed Its Leadership. Some Say It’s Not a Great Sign

Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing consumer needs, embracing technology to automate manual work, and working to mend problems like slow decision-making, siloed internal goals, and a lack of access to quality data that would drive better inventory planning.