Michael Fiddelke takes over
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Target leads S&P laggards
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Civil rights leaders and community activists are responding to Target’s leadership shakeup, urging the public to stand firm in its stance by continuing to boycott the company.
Outspoken activist megachurch pastor Jamal Bryant and leaders of the national Target boycott initiative are urging incoming Target CEO Michael Fiddelke to reinstate the retail giant s diversity,
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.
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