Target, Brian Cornell
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It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO on February 1, was an outsider unafraid to move fast and break things. He had been CEO of a big PepsiCo unit, Michaels Stores, and Sam’s Club before that.
The news that Target CEO Brian Cornell, pioneer of the US retail bellwether’s re-invention as an omni-channel force to be reckoned with in an age of Amazonian paranoia, has shaken Wall Street, but it’s perhaps also indicative of how far the firm has recently fallen?
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.
El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las
Target names insider Michael Fiddelke new CEO, succeeding Brian Cornell, who led retailer since 2014
Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.
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