target michael fiddelke

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Target, CEO Cornell and and Fiddelke

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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Who is Michael Fiddelke, Target's incoming CEO?

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

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Target might be having an ‘identity crisis,’ but some analysts are still standing by the stock

During Target Corp.’s quarterly earnings call on Wednesday, Michael Fiddelke, freshly announced as the struggling retailer’s incoming chief executive, said the company needed to own its position as a ...

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Target’s CEO is stepping down as customers turn away

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Target CEO steps down amid sales slump, boycotts

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Major Retailer’s CEO Resigns Amid Falling Sales, DEI Pullback

“After more than 20 years at Target, I know the power of our brand, the talent of our team, and the special place we hold in retail,” Fiddelke said.

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Target shares drop as retailer picks insider to lead turnaround drive

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

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.

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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 in February 2026. On February 1, its new CEO, Michael Fiddelke, will take the reins. Cornell has been Target’s CEO since 2014.

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Target Stock Sinks as Retailer Replaces CEO With Company Veteran

Key Takeaways Target announced it was replacing CEO Brian Cornell with 20-year company veteran Michael Fiddelke, and shares plunged.Fiddelke was instrumental in the struggling retailer's efforts to reshape how it operates.