Balancing Legacy and Reinvention at Target

November 11, 2025

In 2003, Michael Fiddelke joined Target as an intern on the finance team, and this coming February, he will take over as CEO. Over two decades, he has helped steer the company through economic headwinds, shifting consumer expectations, and a rapidly evolving retail landscape, all while trying to preserve the brand’s distinct identity. His vantage point on the intersection of finance, strategy, and operations gives him a rare perspective on how large organizations can adapt and evolve.


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