Target has announced Michael Fiddelke as its new CEO, effective February 1, as the retailer seeks to recover from a sales slump and regain Wall Street's confidence. With a focus on unique merchandise and improved customer experience, Fiddelke aims to turn the company around amidst rising competition and declining sales.
Intel Corp. has appointed Lip-Bu Tan as its new CEO, entrusting him with leading the company through the challenges of the semiconductor industry. Tan will take over on March 18 and rejoin the board after stepping down in 2024.