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. 25–31, 2025, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers) and CFOs (Chief Financial Officers). We also include COOs (Chief Operating Officers), CTOs (Chief Technology Officers), CIOs (Chief Information Officers), CHROs (Chief Human Resources Officers), Chief People 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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Financials
- U.S. Bancorp (No. 107) announced that Gunjan Kedia will succeed CEO Andy Cecere, effective April 15. Kedia currently serves as the bank’s President. After the transition, Cecere will serve as the company’s Executive Chairman, continuing to lead the board of directors.
Health care
- Stryker (No. 197) announced that Glenn S. Boehnlein will retire as Vice President and CFO, effective April 1. Preston Wells, currently the Group CFO for Stryker’s Orthopaedics Group, will succeed Boehnlein.
Household products
- Clorox (No. 485) announced that Kevin Jacobson is stepping down as CFO, effective April 1, 2025. Luc Bellet, who currently serves as the company’s Treasurer, will succeed Jacobson.
Source: S&P Global Market Intelligence