#leadership-transition

#leadership-transition

Target announced on Wednesday that its Chief Operating Officer (COO), Michael Fiddelke, will assume the position of Chief Executive Officer (CEO) in February 2026. The company's current CEO, Brian Cornell, who has been in the role for 11 years, will retire that month. "There is no one better suited to move Target forward than Michael Fiddelke," Cornell stated in a news release. "He brings a remarkable level of resolve in the face of complex challenges, a deep passion for growth, and a natural ability to inspire those around him to define what's next."

"During a period of transition, organizations often struggle to maintain momentum when a vital leadership position is left vacant. This can lead to stagnation and lost results."

Gita Gopinath, the first woman to serve as chief economist at the IMF, is leaving her position to return to Harvard University, marking a significant transition.

"Coming into a decade of leadership here marks a natural milestone and transition point for me personally, and for the organization. I'm excited for the next leader who will carry this work forward and shape the next generation of leadership at L.L.Bean," Smith said in a press release.

Mayer's tenure included increasing the library budget by $6 million, hiring over two dozen new staff, and expanding services like Sunday openings at specific branches.

Anna Wintour, editor-in-chief of Vogue since 1988, is looking for a new head of editorial content at Vogue U.S., signaling a transitional phase for the publication.

"Leading the Magic as CEO has been one of the greatest blessings of my life," he said.

Today, over 300 million job seekers use Indeed each month. Our revenue has grown 200x. Most importantly, 27 people get hired on Indeed every minute - one every 2.2 seconds.

When there is a hospital that's closed... communities want to see this building that they've known and depended on put to a very good purpose, she said.

Droga expressed appreciation and conveyed excitement about his new strategic role as vice chair, emphasizing the impact of innovation on the company's evolution.

Stepping into the CEO spot is a psychological event that can trigger anxiety and confusion, as new leaders grapple with their shifting identity and responsibilities.

"This is about creating something truly meaningful. It's about building a department that reflects the values of LA, community safety and progress," Scott said at his introductory press conference in LA.

Now is the time for us to ride and rise together.

Canham was a key figure in the development of the FAI's Football Pathways Plan, which outlines the future of the game in the Republic of Ireland.

Stettinski brought energy, creativity and a deep commitment to the vitality of San Jose and helped usher in a new era of creativity.

Dimon sold about $31.5 million worth of shares, the first such sale since he took the top role in 2005, highlighting a leadership transition.