This is the third edition of Fortune 500 Power Moves, a new weekly column tracking executive shifts—from appointments and promotions to resignations and retirements—within the highest ranks of Fortune 500 companies.
Below is a recap of the C-suite developments at America’s highest-revenue-generating companies announced between Dec. 21, 2024-Jan. 3, 2025, organized by sector. Titles included in this roundup: CFOs (Chief Financial Officers) and Chief Information Officers (CIOs). We also include CEOs (Chief Executive Officers), COOs (Chief Operating Officers), CHROs (Chief Human Resources Officers), Chief People Officers, Chief Marketing Officers, and Chief Technology Officers when there are Power Moves within the Fortune 500 announced pertaining to those roles.
For daily updates, subscribe to Fortune’s weekday newsletters, including CEO Daily, CFO Daily, and MPW Daily, as well as Next to Lead (weekly Mondays). For Power Moves announced Dec. 1–20, see past editions from early- and mid-December.
Health care
- Humana (No. 38) appointed Japan Mehta as Chief Information Officer. Mehta, who most recently served as Chief Data Officer at Citi, will officially assume the role during the first quarter of 2025 and succeeds Sam Deshpande.
Technology
- Apple (No. 3) appointed Kevan Parekh as Senior Vice President and CFO, effective Jan. 1. Parekh previously served as VP of financial planning and analysis at Apple and replaced Luca Maestri as CFO. (Read more: Apple’s new chief financial officer will use the same ‘CFO playbook’ say top analysts—and that’s good news for investors)
- DXC Technology (No. 294) named Brad Novak as Chief Information Officer. Novak most recently served as the CTO for the Corporate and Investment Bank at Barclays.
Wholesalers
- Holden Lewis announced that he is resigning as Senior Executive Vice President and CFO of Fastenal (No. 488), effective April 16, 2025. The company has yet to name a replacement.
Source: S&P Global Market Intelligence