Fortune 500 Power Moves: Which executives gained and lost power this week, March 8-14, 2025

Lip Bu-Tan will become the new CEO of Intel (No. 79 on the 2024 Fortune 500) on March 18.
Lip Bu-Tan will become the new CEO of Intel (No. 79 on the 2024 Fortune 500) on March 18.
Courtesy of Intel

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 March 8-14, 2025, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), COOs (Chief Operating Officers), CFOs (Chief Financial Officers), and CHROs (Chief Human Resources Officers). We also include CTOs (Chief Technology Officers), CIOs (Chief Information 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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Energy

  • Williams (No. 371) announced that Executive Vice President and COO Michael Dunn is retiring, effective May 2. Dunn has been with the company since 1988 and COO since 2017. Williams has not yet named a successor.

Financials

  • Allstate (No. 73) appointed Andréa Carter to Executive Vice President and CHRO, effective May 12, a role previously held by Robert Toohey until September 2024. Carter will step down from her current role as CHRO of Global Payments (No. 410) on March 31. Global Payments has not yet outlined a succession plan.

Hotels, restaurants, and leisure

  • Yum China Holdings (No. 368) appointed Adrian Ding to CFO, effective March 6. Ding has served as Chief Investment Officer of the company since 2020 and acting CFO of the company since October 2024, when former CFO Andy Yeung resigned.

Technology

Source: S&P Global Market Intelligence

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