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Retail giant bolsters leadership with experienced executives ahead of new CEO Michael Fiddelke's strategic transformation.
The Board of Directors of Target Corporation will be strengthened by the addition of three prominent retail professionals John Hoke III and Steve Bratspies, as they begin new leadership roles in tandem with the transition from previous CEO John Mulligan to Michael Fiddelke on February 1, 2026. In addition to being appointed to the Board of Directors effective March 1, 2026 and April 1, 2026, respectively, Hoke and Bratspies will bring over 30 years of combined experience in retailing. As the former Chief Innovation Officer at Nike, Hoke, originally from Los Angeles, California, has built an impressive legacy and legacy within the retail space.
Hoke also served as the second CEO of Nike for five years while Nike Inc. transitioned from a memory of product development to one where brand marketing was at the forefront. Steve Bratspies is a valuable addition to the Board of Directors due to his extensive retail and operational expertise that includes being the former CEO of HanesBrands as well as spending 15 years with Wal-Mart where he served as Chief Merchandising Officer. This addition also signals Target's commitment to enhancing its strategic oversight of financial and operational initiatives through strategic investments into capital projects over the next several years.
Total Retail continues to operate almost 2,000 locations, and maintains a strong online presence at Target.com. Target's position and rank in the retail industry was also confirmed by its inclusion in Progressive Grocer's 2025 PG 100 as the No. 7 leading food and consumables retailer in North America. This commitment to innovation, growth and maintaining a competitive advantage in a challenging economy puts Target’s corporate governance strategy in a strong position as the company adds Directors to its Board and prepares for the next phase of investment initiatives.
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