Target new CEO Michael Fiddelke’s stunning rise from Intern to boss revealed: Story in 10 points

Target has announced Michael Fiddelke as its next CEO, succeeding Brian Cornell on February 1, 2026. Fiddelke, a company veteran who joined in 2003, rose through the ranks to COO. He aims to improve merchandise quality, shopper experience, and integrate more technology. This leadership change comes as Target navigates competition and internal challenges.