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Target CEO Stepping Down After 11 Years

Target

(Minneapolis, MN) – The CEO of Target is stepping down from the position after more than a decade. Brian Cornell will depart from the retail giant after a continued decline in sales over backlash from its retraction of diversity, equity and inclusion hirings. Target has selected its current chief operating officer, Michael Fiddelke, as Cornell’s replacement. However, Cornell will stay with the company in an executive chairman role.