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Target Appoints New CEO | Open Interest 8/20/2025
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August 20, 2025
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1:29:48Now PlayingGet a jump start on the US trading day with Matt Miller and Katie Greifeld on "Bloomberg Open Interest." Target is naming long-time insider Michael Fiddelke as its next chief executive officer. He'll be tasked with turning around the struggling retailer. And Lowe's makes a $8.8B deal that will help the home improvement retailer cater to more professional customers. And tech troubles mount as Nasdaq struggles to recover from it's second biggest 1-day drop since April's tariff shock. And what does it cost to fire a CEO? Bloomberg Big Take crunched the numbers after the high-profile ousters at Nike and Starbucks.
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