Coverage dated August 19, 2025

Target’s CEO Brian Cornell will step down, COO to succeed him

Headline from Fox5 Atlanta

Target CEO Brian Cornell will be replaced by chief operating officer Michael Fiddelke in early 2026.

Fox5 Atlanta's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

40 articles, oldest first.

Fox5 Atlanta
Target’s CEO Brian Cornell will step down, COO to succeed him (opens Fox5 Atlanta)
Published Aug 19, 2025
Fox5 Atlanta's feed description
Target CEO Brian Cornell will be replaced by chief operating officer Michael Fiddelke in early 2026.
FOX Business
Target names new CEO as retailer fights to reverse sales slump (opens FOX Business)
Published Aug 19, 2025
FOX Business's feed description
Target CEO Brian Cornell will step down in February 2025 after a decade leading the retailer, with Chief Operating Officer Michael Fiddelke named as his successor.
The Boston Globe
Target’s COO will lead the struggling retailer when CEO Brian Cornell steps down in February (opens The Boston Globe)
Published Aug 19, 2025
The Boston Globe's feed description
Target, which has about 1,980 US stores, has been the focus of consumer boycotts since late January when it scaled back corporate diversity, equity and inclusion initiatives.
NBC Chicago
Target CEO steps down as company struggles, sales to continue to drop (opens NBC Chicago)
Published Aug 19, 2025
NBC Chicago's feed description
Chief Operating Officer Michael Fiddelke, who has been with Target for 20 years, will become CEO Feb. 1.
ABC 11 Raleigh
Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year (opens ABC 11 Raleigh)
Published Aug 19, 2025
ABC 11 Raleigh's feed description
Target's Chief Operating Officer Michael Fiddelke, who has been with Target for 20 years, will become CEO Feb. 1.
WTOL Toledo
Target insider picked to lead the struggling retailer when CEO Brian Cornell steps down next year (opens WTOL Toledo)
Published Aug 19, 2025
WTOL Toledo's feed description
The new CEO is taking over at time when Target’s sales are in a funk, its stores are messy and understocked, and it’s losing market share to rivals like Walmart.
Adweek
Target CEO Brian Cornell Steps Down Amid Continued Sales Decline (opens Adweek)
Published Aug 19, 2025
Adweek's feed description
Michael Fiddelke, currently chief operating officer, will take over in February 2026.
Breitbart News
Target CEO Steps Down as Company Underperforms (opens Breitbart News)
Published Aug 19, 2025
Breitbart News's feed description
Brian Cornell is stepping down as CEO of Target after over a decade as the company faces declining sales and struggles with competition.
CBS News
Target CEO Brian Cornell will step down in February, COO will take his place (opens CBS News)
Published Aug 19, 2025
CBS News's feed description
Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down Feb. 1.
CNN
Target’s CEO is stepping down as customers turn away (opens CNN)
Published Aug 19, 2025
CNN's feed description
Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.
Minneapolis Star Tribune
Target’s Brian Cornell to hand CEO job to Michael Fiddelke in February (opens Minneapolis Star Tribune)
Published Aug 19, 2025
Minneapolis Star Tribune's feed description
The company named Michael Fiddelke, the company's chief operating officer, Cornell's successor. The transition will take place in February, when Cornell will become the Target board's executive chair.
ABC 12 Flint
Target’s CEO is stepping down as sales continue to plunge (opens ABC 12 Flint)
Published Aug 19, 2025
ABC 12 Flint's feed description
Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to its retreat on DEI.
Minneapolis Star Tribune
Target CEO Brian Cornell lauded for transformational changes, yet chided for more recent missteps (opens Minneapolis Star Tribune)
Published Aug 19, 2025
Minneapolis Star Tribune's feed description
Cornell, CEO since 2014, will step down in February, handing over the chief executive role to Chief Operating Officer Michael Fiddelke. Cornell leaves at a time when analysts highlight worsening product assortment and store experience, but in the first half of his tenure, he was lauded for changes t…
The Daily Caller
Major Retailer’s CEO Resigns Amid Falling Sales, DEI Pullback (opens The Daily Caller)
Published Aug 19, 2025
The Daily Caller's feed description
Target announced Wednesday that CEO Brian Cornell is stepping down after serving 11 years in the role following a decline in sales this year.
New York Post
Target CEO Brian Cornell steps down after 10 years as retailer fights to reverse sliding sales (opens New York Post)
Published Aug 19, 2025
New York Post's feed description
Target CEO Brian Cornell is stepping down next year after over a decade at the helm as the embattled retailer undertakes a high-stakes turnaround effort aimed at reigniting growth and reversing sliding sales.
The Guardian
Target CEO steps down as company faces weak sales and customer boycott (opens The Guardian)
Published Aug 19, 2025
The Guardian's feed description
Brian Cornell to be replaced next year as retailer naviagtes boycott over its scaling back of DEI initiatives
Philadelphia Inquirer
Target’s CEO Brian Cornell plans to step down after struggling to turn around weak sales (opens Philadelphia Inquirer)
Published Aug 19, 2025
Philadelphia Inquirer's feed description
Target has been the focus of consumer boycotts since late January, when it joined rival Walmart and a number of other prominent American brands in scaling back corporate DEI initiatives.
Observer
Longtime Target CEO Brian Cornell Steps Down Amid Tariff Woes and DEI Boycotts (opens Observer)
Published Aug 19, 2025
Observer's feed description
Target CEO Brian Cornell will step down in February, with veteran executive Michael Fiddelke taking over amid sales declines and investor pressure.
Forbes
Target CEO Brian Cornell Steps Down As Sales Drop Amid DEI Reversal Backlash (opens Forbes)
Published Aug 19, 2025
Forbes's feed description
The big box retailer has struggled with slumping sales recently amid a backlash over its retreat from diversity, equity, and inclusion initiatives.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.