Target Appoints Michael Fiddelke As Chief Executive Officer MINNEAPOLIS, Aug 20, 2025 PRNewswire -- Target Corporation (NYSE: TGT) today announced the company's Board of Directors has unanimously elected Michael Fiddelke, chief operating officer, to succeed Brian Cornell as chief executive officer and become a member of its Board of Directors
Target’s new CEO lays out a $6 billion plan to revive ‘Tarzhay’ Target’s former CEO and current executive chairman, Brian Cornell, got the company out of that slump with big moves such as closing its flailing Canadian division, overhauling Target’s store
Brian Cornell - Wikipedia Brian C Cornell (born 1959) is an American businessman who was the chairman and chief executive officer (CEO) of Target Corporation from 2014 to 2026 In August 2025, he announced that he would step down as CEO effective February 1, 2026, to become executive chairman
Targets new CEO knows he has a lot to prove to customers and investors . . . The CEO guiding the turnaround plan is Michael Fiddelke, who stepped into the chief executive role last month but has worked for Target for more than 20 years Fiddelke, who previously served as chief operating officer, has his work cut out for him
Leadership Team Executive Officers | Target Corporation As part of his strategic vision for the company, he has outlined priorities designed to leverage Target’s unique strengths and drive long-term growth: leading with merchandising authority, elevating the guest experience, accelerating technology, and strengthening team and communities Read more
Who Is Michael Fiddelke, Target’s New CEO? Target Corporation is stepping into a new chapter After more than a decade of transformative leadership under Brian Cornell, the retailer has named Michael Fiddelke as its next Chief Executive Officer