Target's CEO Transition: A Cause for Concern?

Targets CEO Brian Cornell stepped down in February, marking a stark contrast to Walmarts confident leadership transition. Since Cornells celebrated first year in 2015, Targets shares have slid by 15%, while Walmarts have soared by 300% under Doug McMillons leadership. Analysts question Targets choice of insider Michael Fiddelke as new CEO, while Walmarts complete departure of McMillon from the board signals a company ready for the future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.