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Michael Fiddelke takes over

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 chief operating officer since January 2024.

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· 23h · on MSN

Target CEO Brian Cornell steps down; Michael Fiddelke takes over after weak quarter

· 1d · on MSN

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

Target CEO to Step Down Amid Company Struggles

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.

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Target Just Made an Announcement That Investors Hate. It Did the Right Thing

Target might be having an ‘identity crisis,’ but some analysts are still standing by the stock

Target’s in a brand identity crisis. It’s not alone

Employees have lost confidence in the company’s direction.

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Why Jamal Bryant Says Target Boycott Will Continue Despite CEO Stepping Down

Target CEO steps down amid sales slump, boycotts

Target CEO steps down

Target CEO stepping down amid slumping sales

Target's CEO Brian Cornell is stepping down after 11 straight quarters of sliding sales. The company's stock has dropped more than 25% since the start of the year. The company said customer backlash to its decision to roll back DEI programs this year has also hurt sales.

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Target CEO to step down amid company struggles

Target’s CEO is stepping down as customers turn away

2don MSN

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 that its current CEO, Brian Cornell, will be stepping down from the role in February 2026. On February 1, its new CEO, Michael Fiddelke, will take the reins. Cornell has been Target’s CEO since 2014.

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Who is the new Target CEO, Michael Fiddelke?

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, operations, and human resources.

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What Is New Target CEO's View on DEI? What We Know

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