Yesterday Target took the long overdue step--in my humble opinion--of making a CEO change, announcing that current head honcho Brian Cornell will retire next February and chief operating officer Michael Fiddelke will replace him. They also helped me notch ...

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.

He joined the retailer as an intern in 2003 and worked his way up to leadership roles, even serving as Target’s chief financial officer for several years. This tenure is what makes him the perfect fit to take on the CEO position from Brian Cornell in ...

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

Target’s CEO Brian Cornell will step down on February 1, 2026, after 11 years, with Chief Operating Officer Michael Fiddelke, a 20-year company veteran, taking the helm. “Fiddelke was chosen from a strong list of external and internal candidates ...

Analysts say incoming CEO Michael Fiddelke “deserves a chance to prove himself,” though it could take time and more money for Target to get its charm back

The retailer is examining its Chicago-area stores to understand how each location is best suited to fulfill online orders, and expects to apply learnings to 40 new markets.