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Tag: CEO Succession

Bank of America Appoints Co-Presidents, Signals Future Leadership Amidst Moynihan’s Extended Tenure

Bank of America Appoints Co-Presidents, Signals Future Leadership Amidst Moynihan’s Extended Tenure

Bank of America Appoints Co-Presidents, Signals Future Leadership Amidst Moynihan’s Extended Tenure Bank of America has announced the appointment of Dean Athanasia and Jim DeMare as co-presidents, a move widely seen as a significant step in shaping the bank’s future leadership. The appointments, made effective this past Friday, position Athanasia and DeMare at the forefront of strategic operations for the second-largest U.S. lender. In a related development, Chief Financial Officer Alastair Borthwick has been elevated to an executive vice president…

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Target CEO Brian Cornell to Step Down, Michael Fiddelke Named Successor Amidst Sales Decline

Target CEO Brian Cornell to Step Down, Michael Fiddelke Named Successor Amidst Sales Decline

Target CEO Brian Cornell to Step Down, Michael Fiddelke Named Successor Amidst Sales Decline Target Corporation (TGT) has announced that CEO Brian Cornell will step down from his leadership role, effective February 1, 2026. Current Chief Operating Officer Michael Fiddelke, a 20-year veteran who started as an intern, has been named as his successor. Cornell will transition to the role of executive chairman. The leadership change comes as the retail giant grapples with a significant slump in sales, marking its…

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