7 HUGE PROBLEMS TARGET'S NEW CEO MUST FIX
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✍️ Target's new CEO, Michael Fiddelke, takes over from Brian Cornell, who is stepping down to become executive chair. Fiddelke's appointment has been met with skepticism from Wall Street, with some calling for an external CEO to fix the company's struggles.
👉 Michael Fiddelke takes over as CEO of Target on February 1, 2026 👉 Brian Cornell steps down to become executive chair 👉 Fiddelke has worked his way up from Target intern to CEO in 23 years 👉 Stock price declines 6.3% on news of Fiddelke's appointment 👉 Fiddelke plans to review the company's strategy and make changes 👉 Priorities include improving in-store experience, grocery selection, and supply chain
-- #MichaelFiddelke #BrianCornell #PaulLejuez #JeffMacke #BrianSozzi #DougMcMillon #KennethMacke #Minneapolis #Walmart #business
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