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Target, Wall Street and CEO

New York Post on MSN · 5h

Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’

“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target and ex-CEO of Toys R Us, told The Post. “The sales are negative and they are bleeding market share.” Target did not immediately respond to The Post’s request for comment.

Chicago Tribune · 10h

Wall Street drifts in premarket trading while Target tumbles on sluggish sales and a CEO change

Wall Street continues to drift Wednesday while news of a leadership change at Target took some of the spotlight away from the latest batch of corporate earnings reports.

CNBC on MSN · 12h

Target shares tumble as retailer picks new CEO, says sales fell again

Target named Michael Fiddelke as its new CEO, effective Feb. 1 Shares fell about 8% in premarket trading following the results and CEO announcement. On a call with reporters, Fiddelke, 49, described his two decades with the company as "an asset.

Michael Fiddelke takes over

The Associated Press on MSN · 1h

Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year

Target, which has about 1,980 U.S. stores, has been the focus of consumer boycotts since late January, when it joined rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.

USA TODAY on MSN · 2h

Target CEO Brian Cornell steps down; Michael Fiddelke takes over after weak quarter

Michael Fiddelke, Target's current chief operating officer, will succeed Brian Cornell as chief executive officer, the company said in a release. Cornell, who has served as the company's CEO since 2014, will step down and Fiddelke will take over the role on Feb. 1, 2026.

Why New Target CEO Michael Fiddelke Must Put The Fun In Fundamentals

On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer clearer to unwinding the damage from DEI missteps.

1h

As CEO, Michael Fiddelke wants to 'reclaim' Target's merchandising authority

The company's current COO, Fiddelke believes that "being unapologetically and unmistakably Target" will help get the ...

40m

Target’s incoming CEO has a heavy lift, as a promised turnaround is not yet close

Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...

6h

Target Names New C.E.O. as It Tries to Break Sales Slump

Target on Wednesday named a new chief executive, Michael Fiddelke, the company’s chief operating officer and a 20-year ...

2hon MSN

Iowa native set to become Target CEO as company faces financial struggles

Fiddelke, an Iowa native and University of Iowa graduate, has been with Target since 2003, starting as an intern. Investors ...

13hon MSN

Target Bets a Lifelong Employee Can Steer Its Turnaround

Chief Operating Officer Michael Fiddelke, who will take the top job in February, said the retailer needs to revive its focus ...

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