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Target, Brian Cornell

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.

The Associated Press on MSN · 10h

Target's COO will lead the struggling retailer when CEO Brian Cornell steps down

Cornell replaced former CEO Gregg Steinhafel, who stepped down nearly five months after Target disclosed a huge data breach in which hackers stole millions of customers’ credit- and debit-card records. The theft badly damaged the chain’s reputation and profits.

Los Angeles Times · 7h

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.

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: An Ultra-Cheap Stock, But Demand Destruction Is Real

Explore Target Corporation's financial health and strategy: strong credit quality, CEO transition in 2026, and an attractive ...

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 ...

3hon MSN

As CEO, Michael Fiddelke wants to 'reclaim' Target's merchandising authority

The company's current COO, Fiddelke believes that "being unapologetically and unmistakably Target" will help get the ...

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 ...

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 ...

theshelbyreport1h

Fiddelke To Succeed Cornell As Target CEO

Target Corp. and its board of directors has elected Michael Fiddelke, chief operating officer, to succeed Brian Cornell as ...

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 ...

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