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Target, Michael Fiddelke

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 clearer to unwinding the damage from DEI missteps.

Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% since 2021.

USA TODAY on MSN · 18h

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

Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the company said in a release. Cornell, who has served as the company's CEO since 2014, will step down and Fiddelke will take over the role on Feb. 1, 2026.

Target shares drop

CNBC on MSN · 10h

Target shares tumble 9% as retailer picks new CEO, says sales fell again

Target named Michael Fiddelke as its new CEO, effective Feb. 1. Target beat Wall Street's earnings and sales expectations and reaffirmed its outlook on Wednesday, even as the company's sales and traffic across its stores and website declined.

The Financial Times · 22h

Target shares drop as retailer picks insider to lead turnaround drive

Target shares fell more than 6 per cent after the retail group picked an insider to succeed veteran chief executive Brian Cornell to engineer a turnaround after years of disappointing sales. Michael Fiddelke,

ABC 17 News · 15h

Target’s CEO is stepping down as sales continue to plunge

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI. Cornell’s departure was widely expected. Some industry analysts believed Target should bring in an outside voice to lead the company,

1don MSN

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 ...

1d

Target names insider Michael Fiddelke new CEO, succeeding Brian Cornell, who led retailer since 2014

Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.

1don 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 ...

Baking Business2h

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.

19hon MSN

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 ...

1don MSN

Target Stock Tumbles. Why a CEO Change Is Overshadowing an Earnings Beat.

Target reported stronger-than-expected second-quarter earnings Wednesday, but that may not matter much to investors, who ...

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