THE WHAT?  Target Corporation announces Michael Fiddelke as the new Chief Operating Officer, effective February 2024. Currently, CFO, Fiddelke will oversee Target’s extensive operations while maintaining his CFO responsibilities until a successor is named. Concurrently, Target’s Chief Legal and Compliance Officer Don Liu plans to retire, with a search for his replacement underway.

THE DETAILS Fiddelke, a 20-year Target veteran, will manage nearly 2,000 stores, supply chain, and fulfillment services. His extensive experience in various company roles underpins this promotion. Meanwhile, after a significant tenure since 2016, Liu’s retirement marks a transition period, with Target seeking a new legal head.

THE WHY? These leadership shifts at Target aim to reinforce operational efficiency and strategic growth. Fiddelke’s dual role underscores the importance of integrated leadership in key company sectors. Liu’s retirement and the search for his successor reflect Target’s commitment to maintaining robust legal and compliance standards during this period of change.