Target CEO Brian Cornell is stepping down; Michael Fiddelke has been named the new CEO amid Target stock pressure.

Target CEO Brian Cornell resigns after 11 years. Michael Fiddelke, 20, appointed new CEO amid sales decline and reputation challenges.

Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries to reverse a persistent sales malaise and to revive its reputation as the ...

Shares in Target ( TGT) fell more than 6% on Wednesday, after the US retailer announced that chief operating officer Michael Fiddelke will become the company's new CEO. Fiddelke is set to take over ...