This is Fortune 500 Power Moves, a 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 Jan. 18–24, 2025, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), and Chief People Officers. We also include COOs (Chief Operating Officers), CTOs (Chief Technology Officers), CIOs (Chief Information Officers), CHROs (Chief Human Resources Officers), CMOs (Chief Marketing Officers), and Chief Customer Officers when there are Power Moves within the Fortune 500 announced pertaining to those roles.
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Business Services
- Fiserv (No. 215) appointed Michael P. Lyons as CEO-elect, effective Jan. 27, 2025. Lyons will succeed current CEO Frank Bisignano when Bisignano steps down on June 30, 2025, or earlier if Bisignano is confirmed by the U.S. Senate as the Commissioner of the Social Security Administration. Lyons previously served as president of PNC Financial Services Group (No. 139).
Financials
- State Street (No. 225) appointed Mark R. Keating as interim CFO, effective when current CFO Eric Aboaf exits the role to become Executive Vice President and CFO of S&P Global next month. Keating currently serves as EVP and CFO for Investment Services at Stone Street.
- Securian Financial Group (No. 462) announced that Warren Zaccaro is retiring as CFO on July 1, 2025. Peter Berlute, who currently serves as Senior Vice President of Finance, will replace Zaccaro.
Materials
- International Paper (No. 218) appointed Joy Roman to the new position of Senior Vice President, Chief People and Strategy Officer, effective Feb. 1, 2025. Roman previously served as Chief People and Strategy Officer at Berry Global.