Fortune 500 Power Moves: Which executives gained and lost power, Dec. 16–20, 2024

Below is a recap of the C-suite developments at America’s highest-revenue-generating companies the week of Dec. 16–20, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), COOs (Chief Operating Officers), CHROs (Chief Human Resources Officers), and Chief Information Officers (CIOs). We also include Chief Marketing Officers, Chief Technology Officers, and Chief People Officers, when there are Power Moves within the Fortune 500 announced pertaining to those roles.

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Fortune 500 Power Moves will skip next Friday, due to the holiday week, and will return Jan. 3.

Financials

• Flagstar Financial (No. 457) promoted Lee Smith to Senior Executive Vice President and CFO, effective Dec. 27, 2024. He previously served as COO of the company and will replace current CFO Craig Gifford.

Transportation

• Ryder System (No. 350) promoted Cristina Gallo–Aquino to Executive Vice President and CFO and John J. Diez to President and COO, effective Jan. 1, 2025. Gallo-Aquino served most recently as Senior Vice President, Controller, and Principal Accounting Officer and will succeed Diez as CFO. Read More: Ryder taps 20-year veteran as next CFO. Here’s how the Fortune 500 company develops top talent

Energy

• CenterPoint Energy (No. 441) appointed Bertha Villatoro as Senior Vice President and CHRO, effective Jan. 1, 2025. She will replace Lynne Harkel-Rumford, who is retiring.

Financials

• MetLife (No. 60) appointed Nick Nadgauda to Executive Vice President and Chief Information Officer, effective March 10, 2025. Nadgauda most recently served as CIO at CIti Services. 

• Northwestern Mutual (No. 110) appointed Dave Gordon to Executive Vice President and Chief Digital and Information Officer. Gordon previously served as Vice President and Chief Technology Officer and succeeds Christian Mitchell. 

Food, Beverages, and Tobacco

• Performance Food Group (No. 84) promoted Scott McPherson to President and COO. He most recently served as EVP and Chief Field Operations Officer at Performance Food Group and will replace current President and COO Craig Hoskins, who is transitioning to the roles of Executive Vice President and Chief Development Officer. 

Retailing

• Dollar Tree (No. 143) appointed Michael C. Creedon, Jr. as CEO. Creedon has served as interim CEO since November, when he succeeded former CEO Rick Dreiling.

• Expedia Group (No. 315) appointed Scott Schenkel as CFO, effective on or about Feb. 7, 2025. Schenkel previously served as the interim CEO of eBay and will replace current CFO Julie Whalen.

Wholesalers

• TD Synnex (No. 71) appointed Kristie Grinnell as Executive Vice President and CIO, effective Jan. 20, 2025. Grinnell most recently served as CIO of DXC Technology and will replace TD Synnex’s current CIO Bonnie Smith.

Source: S&P Global Market Intelligence