Michael Fiddelke

Michael Fiddelke

business executive United States

Michael Fiddelke, who has been with Target for 20 years and currently serves as the chief operating officer, is set to succeed Brian Cornell as CEO on February 1, 2026, as the company navigates a challenging retail landscape marked by declining sales.

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Recent Mentions

United States United States: He will be replaced early next year by Michael Fiddelke, Target’s current chief operating officer. 5

CNN: Walmart is raising prices because of tariffs. Customers are still flocking to Walmart

United States United States: Michael Fiddelke has been appointed to replace Brian Cornell as CEO of Target. 5

CNN: Target’s in a brand identity crisis. It’s not alone.

United Kingdom United Kingdom: Michael Fiddelke, the company's chief operating officer, will take over from Brian Cornell in February. 5

BBC: US chain Target appoints new boss as it seeks to revive sales

United States United States: Incoming Target CEO Michael Fiddelke, a veteran leader at the company, will have a tough task ahead as he faces tumbling sales. 5

CNN: Timeline: What went wrong at Target

United States United States: Michael Fiddelke will replace Brian Cornell as CEO of Target on February 1, 2026. 5

CNN: Target’s CEO is stepping down as customers turn away