New Target CEO, a former CFO, 'must prove he's not just another insider,' executive recruiter says
Target will appoint COO Michael Fiddelke as CEO on Feb. 1, 2026 amid weak sales, falling foot traffic, and investor skepticism following DEI-related backlash.
Bumble, Funko help set record pace for ousters of female CEOs
This year has already brought 70 force-outs in all through July 31, according to exechange.com. However, data shows that female CEOs have shorter tenures and are more likely to be forced out than their male counterparts.