Target CEO Steps Down As Sales Slump And DEI Backlash Mounts
Wednesday, 20 August 2025 ()
Target CEO Brian Cornell is stepping down after 11 years, as the retailer struggles with slumping sales and backlash over its retreat from diversity, equity, and inclusion (DEI) programs, CNN reported. Cornell will be replaced in February 2026 by Chief Operating Officer Michael Fiddelke, a…
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