Brian Cornell to be replaced next year as retailer navigates boycott over its scaling back of DEI initiatives
The CEO of Target is stepping down, as the embattled retail giant seeks to turn around its fortunes amid an ongoing customer boycott over its scaling back of diversity, equity and inclusion (DEI) initiatives.
Brian Cornell will be replaced next year by Michael Fiddelke, Target’s chief operating officer, the company said on Wednesday.
This man is literally an example of failing upwards. It’s almost comical that he ended DEI programs, hurt sales, now gets a promotion to get his incompetencey out of the CEO position.