Target's CEO Brian Cornell will step down after over a decade, and the role will be taken up by Michael Fiddelke, who is also the current chief operating officer. Cornell will officially step down on February 1, 2026, and Fiddelke will lead the company from there. For the unversed, Cornell had been the CEO of Target since 2014.

He joined the retailer as an intern in 2003 and worked his way up to leadership roles, even serving as Target’s chief financial officer for several years. This tenure is what makes him the perfect fit to take on the CEO position from Brian Cornell in ...

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

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.

ATLANTA - Pastor Jamal Bryant, who spearheaded a boycott against Target, is weighing in after the company’s CEO announced his resignation. Target said Wednesday that Brian Cornell will step down as chief executive amid declining sales. He will be replaced by the company’s chief operating officer.

El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las

The Minneapolis-based retailer certainly has challenges now, but looking back, it’s clear Target was in a make-or-break moment when Brian Cornell took charge 11 years ago.