Target CEO Brian Cornell to Step Down | Stock Wobbles After Leadership Shift

After 11 years leading Target, CEO Brian Cornell will step down on February 1, 2026, handing over the reins to long-time executive COO Michael Fiddelke. This leadership change comes amid declining sales, stock drops, and mounting backlash over the rollback of DEI programs and customer boycotts. What’s behind the shift? We cover the numbers, the controversy, and what’s next for Target. Watch now for the full breakdown.