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Target CEO Brian Cornell Steps Down | Michael Fiddelke Named New CEO
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Big shakeup at Target! After more than a decade as CEO, Brian Cornell is stepping down effective February 1, 2026. Target’s Chief Operating Officer Michael Fiddelke, a 20-year veteran of the company, will take over as the new CEO.
This move comes as Target faces falling sales, consumer backlash, and stock declines. Cornell will remain with the company as executive chair of the board.
In this episode of The Diamond K Show, we break down:
Why Brian Cornell is stepping down after 11 years
Who Michael Fiddelke is and his rise through Target
The challenges facing Target in today’s retail landscape
Whether new leadership can turn things around
📌 Stay tuned for the full breakdown and analysis.
🔔 Subscribe for more political, business, and cultural commentary with Diamond K. 👉 https://onfirebroadcasting.com
#TheDiamondKShow #Target #BusinessNews #Retail #BreakingNews
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