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:
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Why Brian Cornell is stepping down after 11 years
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Who Michael Fiddelke is and his rise through Target
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The challenges facing Target in today’s retail landscape
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Whether new leadership can turn things around
📌 Stay tuned for the full breakdown and analysis.
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