Target Shuffles Executive, Merchandising Ranks

The retailer names a new chief operating officer while also making changes to its merchandising leadership.
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Michael Fiddelke Target
Michael Fiddelke has been named Target's new CFO.

Target has named Michael Fiddelke its chief operating officer effective February 4. Since 2019, he has served as the company’s chief financial officer. Until a replacement is named, he will continue to serve as CFO.

In his new role, Fiddelke will oversee the retailer's nearly 2,000 stores, its global supply chain network, fulfillment services including same-day delivery with Shipt, network capacity planning, enterprise operations, the teams responsible for building and remodeling Target stores and other facilities, and flight services.

"With his 20 years with the company, spanning roles across our business and most recently as our chief financial officer, Michael brings a diverse set of experiences and an end-to-end view of our business that will benefit Target and our continued growth well into the future,” said said Brian Cornell, Target’s chair and CEO.

Fiddelke joined Target 20 years ago as an intern. Over the years, he has held a variety of leadership positions across the organization, including finance, merchandising, human resources and store operations. Prior to his appointment as chief financial officer, he served as senior vice president of operations, leading cross-functional enterprise initiatives across merchandising, supply chain, stores and guest experience.

“With each position I've held across the organization, my appreciation for Target and the role we play in guests' lives has only grown,” he said. “Every time I walk into a store or collect my Target order from Drive Up or my doorstep, I know there's a team hard at work making the magic happen – for me and millions of others across the country.”

Additionally, Target announced the upcoming retirement of chief legal and compliance officer Don Liu. The company has begun a search for Liu's backfill and expects to share an update on his successor later this year, at which time Liu will transition to a strategic advisor with the company until 2025. He joined Target in 2016.

The retailer also announced updates to its leadership in merchandising. Recognizing the size, scale and complexity of its multi-category merchandise portfolio, Rick Gomez, currently Target's chief food & beverage officer, will oversee the retailer's frequency categories as chief food, essentials & beauty officer. 

Jill Sando, currently the retailer's chief merchandising officer, will oversee Target's discretionary categories as chief merchandising officer of apparel & accessories, home and hardlines. 

Gomez joined Target in 2013 and was named to the company's leadership team in 2017. Sando began her career with Target in 1997 and joined its leadership team in 2020. Both Gomez and Sando will continue to report to Christina Hennington, Target's chief growth officer.

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