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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 that its current CEO, Brian Cornell, will be stepping down from the role in February 2026. On February 1, its new CEO, Michael Fiddelke, will take the reins. Cornell has been Target’s CEO since 2014.
Target Corp. on Wednesday named Michael Fiddelke as its new chief executive, promoting the company veteran who has served as ...
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Target’s stock drops as longtime CEO Brian Cornell’s planned departure overshadows an earnings beat
Shares of Target Corp. slumped 10.5% in premarket trading Wednesday, after the discount retailer said it was replacing for ...
Fiddelke, an Iowa native and University of Iowa graduate, has been with Target since 2003, starting as an intern. Investors ...
Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...
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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