brian cornell michael fiddelke

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

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Target CEO Brian Cornell is stepping down. His replacement is a company insider who joined as an intern.

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Target CEO Resigns After 11 Years amid Retailer's Plummeting Sales and DEI Rollback

After 11 years in the role, Cornell will leave his post at the beginning of next year, per CNN, CNBC and AP.

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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

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Target CEO's stepping down: What we know

Michael Fiddelke is taking over.

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Target CEO Brian Cornell steps down after 11 years amid sliding sales: Here's who will succeed him

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Target CEO Brian Cornell to step down after 10 years, new CEO named

1don MSN

Target’s stock drops as longtime CEO Brian Cornell’s planned departure overshadows an earnings beat

Shares of Target Corp. slumped 10.5% in premarket trading Wednesday, after the discount retailer said it was replacing for Chief Executive Brian Cornell, who has been in charge for the past 11 years, with current Chief Operating Officer Michael Fiddelke, effective Feb. 1, 2026.

Target names insider Michael Fiddelke new CEO, succeeding Brian Cornell, who led retailer since 2014

Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.