Target's CEO Brian Cornell will step down after over a decade, and the role will be taken up by Michael Fiddelke, who is also the current chief operating officer. Cornell will officially step down on February 1, 2026, and Fiddelke will lead the company from there. For the unversed, Cornell had been the CEO of Target since 2014.

El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las

The Minneapolis-based retailer certainly has challenges now, but looking back, it’s clear Target was in a make-or-break moment when Brian Cornell took charge 11 years ago.

That news overshadowed fiscal second-quarter results that beat profit and sales expectations, amid a meaningful improvement in Target’s store traffic. “It is clear that Michael is the right leader to return Target to growth,