From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?

Michael Fiddelke will take the helm as Target’s CEO and join its board of directors in February, more than 20 years after starting his career with the retail giant as an intern.Fiddelke currently serves as chief operating officer of the Minneapolis-based retailer. He will succeed longtime CEO Brian Cornell on Feb. 1, 2026, after the company's board unanimously elected him to the role, Target announced Wednesday.TARGET NAMES NEW CEO AS RETAILER FIGHTS TO REVERSE SALES SLUMP"Like so many families, the Fiddelke house spends a lot of time at Target," Fiddelke said in a video shared on the retailer