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Target, Fiddelke

The Dallas Morning News · 1d

Target stock slumps after retailer names insider Fiddelke to CEO role

Investors panned Target’s choice of insider Michael Fiddelke as CEO on Wednesday, viewing the 20-year company veteran as unlikely to fix the retailer’s

CBS News on MSN · 16h

Target CEO Brian Cornell will step down in February, COO Michael Fiddelke will take his place

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.

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.

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

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 ...

New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says

Good morning. There’s more executive turnover in the Fortune 500. Target CEO Brian Cornell is stepping down, and Michael ...

18hon 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

Who is the new Target CEO, Michael Fiddelke?

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, ...

1don MSN

Target hires a veteran as its new CEO, as it tries to turn itself around. Some say the move lacks ‘pop.’

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

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