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Target CEO Brian Cornell steps down

Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year

Target, which has about 1,980 U.S. stores, has been the focus of consumer boycotts since late January, when it joined rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.

The Economic Times on MSN · 8h

Target Corporation shares plunge 11% after CEO Brian Cornell steps down. Michael Fiddelke to take charge from Feb 1, 2026

Target Corporation shares tumbled 11% after COO Michael Fiddelke was named CEO, succeeding Brian Cornell. The leadership shift comes amid weak sales, customer churn, and operational challenges. Cornell will transition to executive chair effective February 2026.

theshelbyreport · 3h

Fiddelke To Succeed Cornell As Target CEO

Target Corp. and its board of directors has elected Michael Fiddelke, chief operating officer, to succeed Brian Cornell as CEO.

Target, Boycott

Yahoo · 34m

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

Target announced Wednesday that its CEO, Brian Cornell, will be stepping down from his role early next year. The news comes months after the retail giant became the target of a metro Atlanta-based boycott stemming from the chain’s retreat from some of its diversity,

CNN on MSN · 11h

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.

Oregonian · 52m

Target CEO steps down amid sales slump, boycotts

A company insider will step into its top job with a goal of reviving Target's reputation as the place to go for affordable but stylish products.

39m

As CEO, Michael Fiddelke wants to 'reclaim' Target's merchandising authority

The company's current COO, Fiddelke believes that "being unapologetically and unmistakably Target" will help get the ...

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 ...

Target CEO Shakeup May Breathe Fresh Life Into Target

Target Corporation's stock dip is more about politics than performance. Explore the potential opportunity under new ...

Target Outgoing CEO Warns Of Short-Term Tariff Pressure, Stock Sinks

Target Corporation (NYSE:TGT) shares are trading lower in the premarket session on Wednesday. The company reported ...

Target picks insider as CEO to lead turnaround; shares drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

Target Q2: Earnings Beat Overshadowed By CEO Transition

Target's Q2 earnings beat estimates, but profitability remains under pressure with declining margins and net income down over ...

Target leads S&P laggards after announcing CEO change

Target Corp. is leading the S&P 500 index’s decliners after the discount retailer announced that Chief Executive Brian ...

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