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.

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

Target has picked a longtime executive to take over as CEO amid plummeting sales and a slumping stock throughout 2025. Chief operating officer Michael Fiddelke will become Target's next CEO, the ...

Michael Fiddelke, born in Iowa, will be the new CEO at Target Corp. He's one of a long line of Iowans who've risen to the top of the business world ...

A redoubled focus on style “may not be enough in a retail landscape where convenience, selection and speed have rapidly ...

Target's board unanimously appointed Michael Fiddelke to replace current CEO Brian Cornell, who has led the company since 2014. Cornell will officially step down in February. Here's what this is ...

Target CEO Brian Cornell is stepping down; Michael Fiddelke has been named the new CEO amid Target stock pressure.

NEW YORK (AP) — Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its ...

Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.

The chief executives of the biggest publicly traded food retailers in the U.S. all earned multimillion-dollar compensation packages last year, with Walmart’s CEO taking home the most.