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Target, Brian Cornell and Michael Fiddelke

CBS News on MSN · 4d

Target CEO Brian Cornell will step down in February, COO Michael Fiddelke will take his place

Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down Feb. 1.

Fox Business on MSN · 5d

Target CEO Brian Cornell steps down after 10 years as retailer fights to reverse sliding sales

Target CEO Brian Cornell is stepping down next year after over a decade at the helm as the embattled retailer undertakes a high-stakes turnaround effort aimed at reigniting growth and reversing sliding sales.

USA TODAY on MSN · 5d

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.

10h

Why New Target CEO Fiddelke’s Plans Won’t Deliver What ‘Players First’ Did For EA

Evolutionary, process-focused tweaks can never drive a point of inflection like Andrew Wilson led at Electronic Arts (EA) ...

2don MSN

Target CEO departure is the latest example of a growing trend

But Target is also following a growing C-suite trend: internal promotions. More than three-quarters (76%) of all incoming ...

FOX 5 Atlanta on MSN4d

Atlanta Pastor Jamal Bryant talks about Target CEO change

Target CEO Brian Cornell resigns amid declining sales; COO to take over. Pastor Jamal Bryant, who led a boycott over Target’s ...

1dOpinion

Target Picked A New CEO. Here’s Why He Must Be Transformative

While Target's choice of insider Michael Fiddelke as CEO is a prudent choice, he may not be the change agent needed to turn ...

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 ...

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