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Target, Fiddelke

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.

CBS News on MSN · 4h

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 · 6h

From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?

Michael Fiddelke will become Target's new CEO in February 2026, completing a remarkable 22-year journey from company intern to chief executive.

Target, Retailer Replaces CEO

MarketWatch on MSN · 3h

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 Target to get its charm back

USA TODAY on MSN · 16h

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

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,

Investopedia on MSN · 15h

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.

16h

TGT stock price: Why are Target shares dropping—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 ...

1h

Target’s incoming CEO has a heavy lift, as a promised turnaround is not yet close

Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...

7hon MSN

Iowa native set to become Target CEO as company faces financial struggles

Fiddelke, an Iowa native and University of Iowa graduate, has been with Target since 2003, starting as an intern. Investors ...

5hon MSN

Target Appoints New CEO. Here's What Investors Hope He Will Address.

Company veteran Michael Fiddelke is slated to take the helm at Target as the retailer contends with sluggish sales and a ...

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