Workflow
Target names longtime insider Michael Fiddelke its next CEO
TargetTarget(US:TGT) CNBC Televisionยท2025-08-20 14:09

So Target CEO succession getting more attention than its results this morning after more than 11 years as CEO Brian Cornell will transition to executive chairman at the end of the fiscal year. So February 1st, current COO, former CFO and 20-year Target veteran Michael Fideli will take the top job in February. Fideli told reporters, I'm quote stepping in with urgency to rebuild momentum and return to profitable growth.He's got three priorities. He says, first, we have to lead with merchandise beyond the occa ...