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Social Media Star Judge Frank Caprio Dead at 88
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Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year
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Highlights
- Target names Michael Fiddelke, an internal candidate, as next CEO as the retailer seeks a turnaround amid a sales slump and wary Wall Street.
- Fiddelke, 49, currently COO and former CFO, will take the helm on Feb. 1 as Cornell shifts to executive chair to guide Target’s strategy.
- The leadership change comes as Target faces a stock slump, underscoring urgency to execute its strategy while competition with Walmart intensifies.
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References
Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump
Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump
Target picks an insider to lead the struggling company when CEO Brian Cornell steps down next year
Target names COO Michael Fiddelke as new CEO - UPI.com
All About Target’s Next CEO, Michael Fiddelke
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