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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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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.

TGT stock price: Why are Target shares dropping today—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 ...

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 ...

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 ...

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.

Target Bets a Lifelong Employee Can Steer Its Turnaround

Chief Operating Officer Michael Fiddelke, who will take the top job in February, said the retailer needs to revive its focus ...