Target, Brian Cornell and Michael Fiddelke
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Target CEO Brian Cornell resigns amid declining sales; COO to take over. Pastor Jamal Bryant, who led a boycott over Target’s DEI cuts, calls the move "smoke and mirrors." Bryant says he is open to meeting with the retailer’s new leadership.
On Wednesday morning, just hours before Target’s much-anticipated quarterly earnings call, the embattled retailer made a notable announcement: CEO Brian Cornell will relinquish his position after 11 years on the job,
El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las
Results over the last few years have fallen short of our expectations and our potential,” current CEO Brian Cornell says.
The Minneapolis-based retailer certainly has challenges now, but looking back, it’s clear Target was in a make-or-break moment when Brian Cornell took charge 11 years ago.