from24/7 Wall St.
1 month agoTarget Is America's Worst Run Company
Departing CEO Brian Cornell will become the Executive Chairman. That means he will continue to run Target, at least in part. That is not much of a punishment given the failure of his tenure. Michael Fiddelke, who has been both COO and CFO, will become the new chief executive. Given his previous jobs, he contributed almost as much to Target's failure at Cornell.
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