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MINNEAPOLIS — Despite some sequential improvement, Target Corp. posted lower top and bottom lines in the fiscal 2025 second quarter, which accompanied the news that Brian Cornell will be stepping down ...
Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.
Michael Fiddelke, born in Iowa, will be the new CEO at Target Corp. He's one of a long line of Iowans who've risen to the top of the business world ...
Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...
3hon MSN
New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says
There’s more executive turnover in the Fortune 500. Target CEO Brian Cornell is stepping down, and Michael Fiddelke, chief operating officer (COO), will become chief executive on Feb. 1, 2026.
But afterward, some analysts weren't sure that would be enough.
Target's board unanimously appointed Michael Fiddelke to replace current CEO Brian Cornell, who has led the company since ...
Also on the same day, Target Corp. (NYSE:TGT) announced the transition to a new leadership with the appointment of Michael ...
Target CEO Brian Cornell is stepping down; Michael Fiddelke has been named the new CEO amid Target stock pressure.
NEW YORK (AP) — Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its ...
(Reuters) -Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.
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