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LeadershipFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power, Feb. 15–21, 2025

By
Fortune Editors
Fortune Editors
By
Fortune Editors
Fortune Editors
February 21, 2025 at 2:55 PM UTC
JIm Breuer will assume the role of CEO at Fluor (No. 265 on the 2024 Fortune 500) in May.Courtesy of Fluor/Business Wire

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. 

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Below is a recap of the C-suite developments at America’s highest-revenue-generating companies announced between Feb. 15-21, 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), Chief People Officers, CHROs (Chief Human Resources Officers), CTOs (Chief Technology Officers), CIOs (Chief Information 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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Engineering and construction

  • Fluor (No. 265) appointed Jim Breuer as CEO, effective May 1. Breuer currently serves as COO at Fluor and will succeed DavidE. Constable, who will transition to Executive Chairman. Read more: A $7 billion global engineering and construction giant hired a new CEO—but he’ll make less than half as much as his former boss

Financials

  • Prologis (No. 463) announced that cofounder Hamid R. Moghadam will retire as CEO, effective Jan. 1, 2026. He will be succeeded by DanLetter, who currently serves as president of the company. Read more: For Prologis CEO Hamid Moghadam, culture flows from a company’s mission and values

Retailing

  • Ross (No. 201) announced that Adam Orvos will retire as CFO, effective Sept. 30. William Sheehan, currently the company’s Group Senior Vice President, has been promoted to Deputy Chief Financial Officer and is expected to succeed Orvos.

Source: S&P Global Market Intelligence

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