Target Corporation has announced a major leadership change. Michael Fiddelke will step into the role of CEO starting in February 2026. As Target’s current Chief Financial Officer, Fiddelke has played a pivotal role in the company’s growth and operational success. His deep understanding of Target’s business and culture positions him as the ideal leader to steer the retail giant into its next chapter.
Leadership Transition at Target
Current CEO Brian Cornell will transition to the role of executive chair, ensuring a smooth and strategic handover. Cornell’s leadership has been instrumental in Target’s recent successes, and his continued involvement will provide stability during this transition.
Fiddelke’s Vision for Target
Michael Fiddelke brings extensive experience in finance and operations. He plans to focus on innovation, driving customer experience, and maintaining Target’s reputation for quality and value. This leadership change signals Target’s commitment to evolving with the retail landscape and delivering value to its customers and stakeholders.
Sources:
fashionunited.com
