Target's new CEO, Michael Fiddelke, has not discussed DEI directly, prioritizing retail logistics over cultural messaging.

Target CEO Brian Cornell resigns amid declining sales; COO to take over. Pastor Jamal Bryant, who led a boycott over Target’s DEI cuts, calls the move "smoke and mirrors." Bryant says he is open to meeting with the retailer’s new leadership.

El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to others.

Good morning. 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. Cornell has led Target for 11 years.

The Minneapolis-based retailer certainly has challenges now, but looking back, it’s clear Target was in a make-or-break moment when Brian Cornell took charge 11 years ago.