'Looking for a fresh pair of eyes': Target CEO Brian Cornell to step down; COO Michael Fiddelke named successor

Aug 21, 2025 - 14:30
'Looking for a fresh pair of eyes': Target CEO Brian Cornell to step down; COO Michael Fiddelke named successor

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Target's CEO, Brian Cornell, will step down in February, succeeded by COO Michael Fiddelke amidst company challenges. The leadership shift occurs as the retailer grapples with declining sales and a need to revive its reputation for affordable style. Fiddelke aims to improve merchandise selection, in-store experience, and technology investment.

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