Crippled Target Promotes Someone Who Helped Break It

No large retailer in America has posted worse results over the past five years than Target Corp. (NYSE: TGT). And the board has shown another example of the poor judgment that hurt it. Michael Fiddelke, Target’s chief operating officer, was promoted to chief executive, after working for his boss Brian Cornell. 24/7 Wall St. Key Points The Target Corp. (NYSE: TGT) board of directors showed poor judgment in its choice for new chief executive. The chief operating officer was part of the team that broke ...