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Target, Brian Cornell and and Fiddelke

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.

CBS News on MSN · 16h

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.

Insider on MSN · 1d

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.

Baking Business2h

Target Q2 performance reflects challenges ahead for next CEO

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

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 ...

14hon 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 ...

Sourcing Journal on MSN21h

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, ...

16h

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 ...

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