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US chain Target appoints new boss as it seeks to revive sales
Shares in Target dropped nearly 11% before recovering slightly after the announcement.
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cnbc.com
Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump
Fiddelke will take over as Target CEO as the big-box retailer tries to win back both customers and investors after roughly four years of stagnant sales.
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usatoday.com
Target CEO Brian Cornell to step down after 10 years, new CEO named
Target said Michael Fiddelke, its current chief operating officer, will succeed Brian Cornell as CEO.
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fortune.com
Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader
New CEO Michael Fiddelke faces a major cleanup—and fierce competition.
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bbc.com
US chain Target appoints new boss as it seeks to revive sales
Shares in Target dropped nearly 11% before recovering slightly after the announcement.
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Target's next CEO started as an intern—and rose up the ranks over 22 years
Michael Fiddelke, Target's next CEO, started at the company as an intern and worked his way up — getting promoted or changing jobs roughly every two years.
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As Target chases a comeback, its new CEO must take on skeptical investors and customers
The 20-year Target veteran will soon lead the company's efforts to make a comeback.