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Michael Vidlik will take Helm as CEO of Target He joined its board of directors in February, more than 20 years after the start of his career with the retail giant as a trainee.
Fiddelke is currently the CEO of Operations in the Mennapolis retail stores.
For a long time, Brian Cornell will succeed Brian Cornell on February 1, 2026, yet Company The goal announced on Wednesday that the goal was unanimously elected to this role.
The target names are the new CEO while the retail seller is fighting to reflect the decline in sales
“Like many families, Fiddelke House spends a lot of time in target,” Fiddelke said in a joint video on the web. “I saw my children grow up here. … I also grew up in the goal. I can tell you that the trainee who walked through these doors on the road 22 years ago did not predict a targeted path leading to today.”

Michael Vidlal will take the leadership of Target CEO and join his board of directors in February, more than 20 years after starting as a trainee. (Target / Fox News)
Fiddelke first joined Target as a trainee in 2003, after working previously at Deloitte Consulting LLP for three years. He got a Bachelor’s degree in Industrial Engineering from Iowa University And a master’s in business administration from Northwestern Universityand According to the goal.
For a long period of his colleagues, he served in a set of roles in the target, including in promotion, processes, financing and human resources, according to retail stores.

Michael Fiddelke gestures during the Target Financial Community meeting at the Times Center in New York 4 March 2025. (Reuters / Siddhaart Cavalle / Reuters)
From 2019 to 2024, before becomes CO, Fiddelke fought the position of financial manager. As CO and CFO, he led investments and expanded Target stores, supply chain, workforce and digital capabilities that led to great growth, according to the company.
In its current role as CO, 49 -year -old Fiddelke is honored for nearly 2000 targeted stores and Global supply chainOperations of institutions and loyalty services.
It also works on the Board of Directors of SHIPT, a Delivery company on the same day This goal was obtained in 2017.

Michael Michael Fiddelke targets a picture at the target headquarters in Minneapolis on June 24, 2025. (Elizabeth Flores / Minnesota Star Tribune via Getty Images / Getty Images)
In addition, the company announced in May that Fiddelke will lead the Foundation’s acceleration office to provide more than two billion dollars in efficiency.
“No one is more suitable for moving forward from Michael Vidleke,” Cornell said in a statement. “It brings a remarkable level of determination to face complex challenges, deep passion for growth and natural ability to inspire those around him to determine the next.”
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Cornell, 66, stepped down more than a decade at the head of Target’s, concluded the three -year commitment he suffered in 2022 to remain the CEO. That year, TARGET board got rid of the 65 -year -old mandatory retirement age, allowing Cornell to stay during a pivotal period of the company because it works to revive traffic and growth.
Target did not immediately respond to the Fox Business request for comment.
Fox Business’ Daniella Genovese contributed to this report.
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