Target’s Incoming CEO Has Already Faced His First Management Test
Can an insider pick for CEO talk like the outsider Wall Street was hoping for?
Incoming CEO Michael Fiddelke took aim at Target with his predecessor standing close by.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Analyzing trends in leadership, company culture and the art of career building.
When a company needs a strategy refresh, it’s relatively easy for a new chief executive officer to parachute in, point out the problems with past management and promise a different approach. But what happens when the incoming leader is a veteran insider whose predecessor is standing close by?