michael fiddelke target

News

Target, Wall Street

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 · 18h

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 · 10h

'Fast Money' traders discuss Target's stock drop and CEO shake-up

Fast Money' traders discuss Target's stock drop and CEO shake-up. Posted: August 20, 2025 \. The 'Fast Money' traders discuss Target's stock drop an

Target names Michael Fiddelke CEO

NBC News · 7h

Target names longtime insider Michael Fiddelke its next CEO as it tries to break sales and stock slump

Wall Street had hoped the big box retailer would hire someone from outside the company. Target's stock is down about 60% since 2021.

USA TODAY on MSN · 11h

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.

Insider on MSN · 18h

Who is the new Target CEO, Michael Fiddelke?

Michael Fiddelke joined Target as an intern while studying for an MBA. He's since worked in merchandising, finance, operations, and human resources.

jagranjosh.com6m

Michael Fiddelke Biography: From Intern to Incoming Target CEO, Read Here!

After more than a decade at the helm, Target CEO Brian Cornell is stepping down, leaving a big gap to fill. The company's ...

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 ...

11hon 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 ...

17hon MSN

The next Target CEO knows the retailer needs to do better. Here's his 3-part plan to get it back on track.

Incoming Target CEO Michael Fiddelke has been leading the retailer's acceleration effort to combat falling sales. He laid out ...

22hon 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 ...

19hon MSN

Target Stock Sinks as Retailer Replaces CEO With Company Veteran

Key Takeaways Target announced it was replacing CEO Brian Cornell with 20-year company veteran Michael Fiddelke, and shares plunged.Fiddelke was instrumental in the struggling retailer's efforts to ...

52m

Target CEO Resigns After 11 Years amid Retailer's Plummeting Sales and DEI Rollback

The retailer's declining sales can be partially attributed to competitors like Walmart and Amazon Target CEO Brian Cornell is ...

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