Target insider picked to lead the struggling retailer when CEO Brian Cornell steps down next year

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. Minneapolis-based Target said Wednesday that Chief Operating Officer Michael Fiddelke, a 20-year company veteran, will succeed Cornell. Cornell said Fiddelke’s appointment followed […] The post Target insider picked to lead the struggling retailer when CEO Brian Cornell steps down next year appeared first on Unite News.

Aug 20, 2025 - 11:00
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Target insider picked to lead the struggling retailer when CEO Brian Cornell steps down next year

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. Minneapolis-based Target said Wednesday that Chief Operating Officer Michael Fiddelke, a 20-year company veteran, will succeed Cornell. Cornell said Fiddelke’s appointment followed […]

The post Target insider picked to lead the struggling retailer when CEO Brian Cornell steps down next year appeared first on Unite News.

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