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

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Who is Target’s next CEO, Michael Fiddelke?

Target’s CEO is stepping down as customers turn away

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.

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Target CEO to step down amid company struggles

Target CEO steps down amid sales slump, boycotts

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

The announcement was made Wednesday morning as the Minneapolis retailer announced 2nd quarter results that show it continues to struggle with slumping sales and in-store traffic.

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Target CEO Brian Cornell stepping down as slump drags on

Target insider picked to lead the struggling retailer when CEO Brian Cornell steps down next year

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Who is the new Target CEO, Michael Fiddelke?

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, operations, and human resources.

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

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% since 2021.