Minneapolis, MN — Retail giant Target Corporation has announced the appointment of Michael Fiddelke as its new Chief Executive Officer, effective February 1, 2026. A company veteran, Fiddelke has spent more than two decades rising through the ranks at Target, bringing deep institutional knowledge and strategic expertise to the leadership role.
Fiddelke’s selection reflects Target’s commitment to continuity and leveraging insider talent to drive the company forward. Known for his financial acumen, operational leadership, and people-focused approach, he is expected to continue strengthening Target’s position in a competitive retail landscape.
“Michael embodies the values and vision of Target,” the company said in a statement. “His experience across multiple facets of our business makes him uniquely prepared to guide us into the next era of growth.”
The appointment positions Fiddelke to succeed the current CEO and marks a new chapter for the Minneapolis-based retailer, which has consistently balanced strong sales performance with brand loyalty and community impact.