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Target CEO Brian Cornell to step down, COO announced

Target leads S&P laggards after announcing CEO change

Target Corp. is leading the S&P 500 index’s decliners after the discount retailer announced that Chief Executive Brian Cornell is stepping down next year, to be replaced by the company’s Chief Operating Officer Michael Fiddelke.

Yahoo · 44m

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

Target CEO Brian Cornell to step down, COO announced as replacement originally appeared on Bring Me The News. Target CEO Brian Cornell will step down from his role in February, with longtime employee Michael Fiddelke tapped to replace him.

The Economic Times on MSN · 3h

Target Corporation shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take charge from Feb 1, 2026

Target Corporation shares tumbled 11% after COO Michael Fiddelke was named CEO, succeeding Brian Cornell. The leadership shift comes amid weak sales, customer churn, and operational challenges. Cornell will transition to executive chair effective February 2026.

Target names insider Fiddelke

Reuters · 5h

Target names insider Fiddelke as CEO to guide turnaround

Target promoted insider Michael Fiddelke on Wednesday as its new CEO to turn around the struggling retailer after a series of challenges over recent years that caused its shares to vastly lag those of its peers.

Los Angeles Times · 3h

Target picks insider as CEO to lead turnaround; shares drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

Dallas Morning News · 1h

Target stock slumps after retailer names insider Fiddelke to CEO role

Investors panned Target’s choice of insider Michael Fiddelke as CEO on Wednesday, viewing the 20-year company veteran as unlikely to fix the retailer’s

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported ...

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

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer ...

As CEO, Michael Fiddelke wants to 'reclaim' Target's merchandising authority

The company's current COO, Fiddelke believes that "being unapologetically and unmistakably Target" will help get the ...

Target CEO Shakeup May Breathe Fresh Life Into Target

Target Corporation's stock dip is more about politics than performance. Explore the potential opportunity under new ...

41mon MSN

Who is Target’s next CEO, Michael Fiddelke?

Target Corp. on Wednesday named Michael Fiddelke as its new chief executive, promoting the company veteran who has served as ...

MEAT+POULTRY32m

Retail giant Target Corp. taps new CEO

Michael Fiddelke is scheduled to become the next chief executive officer of Target Corp. on Feb. 1, 2026. He is currently ...

FOX 32 Chicago on MSN31m

Target investigates alleged fraud scheme at Chicago warehouse

The Target corporation is investigating an alleged fraud scheme at a Southwest Side warehouse and confirmed multiple firings.

Target Corporation (TGT) Q2 2025 Earnings Call Transcript

Target Corporation ( NYSE: TGT) Q2 2025 Earnings Conference Call August 20, 2025 8:00 AM ET Brian C. Cornell - Chairman of the Board & CEO James Lee - Executive VP & CFO John Hulbert - Vice President ...

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