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Michael Fiddelke Named Target's New CEO As Sales Plunge

Target has picked a longtime executive to take over as CEO amid plummeting sales and a slumping stock throughout 2025.
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New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says

Good morning. There’s more executive turnover in the Fortune 500. Target CEO Brian Cornell is stepping down, and Michael ...
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Target Q2 performance reflects challenges ahead for next CEO

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

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 ...

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 ...

The next Target CEO knows the retailer needs to do better. Here's his 3-part plan to get it back on track.

Incoming Target CEO Michael Fiddelke has been leading the retailer's acceleration effort to combat falling sales. He laid out ...

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 ...

Target needs 'dramatic' change, new CEO may be more of the same

Target (TGT) stock is sinking after the company announced that COO Michael Fiddelke will succeed current CEO Brian Cornell.