"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."
Michael Fiddelke joined Target in 2003 as an intern on the finance team and will become CEO this coming February. Over more than two decades at the company, he has guided Target through economic headwinds, shifting consumer expectations, and a rapidly evolving retail landscape while seeking to preserve the brand's distinct identity. His career has spanned finance, strategy, and operations roles, providing cross-functional experience in decision-making and execution. His perspective emphasizes how financial discipline, strategic planning, and operational adjustments enable large organizations to adapt and evolve. The leadership transition highlights continuity and a focus on aligning fiscal stewardship with customer-oriented retail strategy.
Read at Harvard Business Review
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