Michael Fiddelke named new Target CEO as Brian Cornell steps down after more than a decade of leadership.

Target CEO Resigns: Can Michael Fiddelke Turn the Retailer Around?

Target Corporation is entering a new era of leadership. After a decade at the helm, CEO Brian Cornell announced his resignation in 2025, marking the end of a transformative but turbulent chapter for the retail giant. Cornell will be succeeded by Michael Fiddelke, Target’s Chief Operating Officer and a longtime company insider. The move comes…