Long-time Target CEO Brian Cornell is stepping down next year, but Pastor Jamal Bryant insists the boycott will persist.

Target is reeling as sales have stalled and its stock price has plunged. The company faced backlash after a rollback of its DEI initiatives prompted a boycott that slowed store traffic nationwide, one of the factors that pushed CEO Brian Cornell to step down.

Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.

The retailer’s board believes a company veteran can promote much needed change. Now, Michael Fiddelke has to prove himself to others.

Good morning. There’s more executive turnover in the Fortune 500. Target CEO Brian Cornell is stepping down, and Michael Fiddelke, chief operating officer (COO), will become chief executive on Feb. 1, 2026. Cornell has led Target for 11 years.

El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las

The Minneapolis-based retailer certainly has challenges now, but looking back, it’s clear Target was in a make-or-break moment when Brian Cornell took charge 11 years ago.