El director general de Target, Brian Cornell, quien ayudó a revitalizar la compañía pero ha tenido dificultades para revertir las

After more than a decade at the helm, Target’s CEO Brian Cornell is stepping down, marking the end of an era for one of America’s most recognized department store chains. His departure comes amid sliding sales and backlash over the company’s decision to abandon diversity and inclusion policies.

Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell transitions to executive chair. The announcement comes at a time Target is trying to emerge from multiple quarters of sales declines.

Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains. Cornell helped engineer a turnaround at Target, but it’s been a rocky few years for the retailer.