Fortune 500 Power Moves: Which executives gained and lost power this week, April 5-11, 2025

CVS Health (No. 6 on the 2024 Fortune 500) named Brian Newman EVP and CFO designate, effective April 21.
CVS Health (No. 6 on the 2024 Fortune 500) named Brian Newman EVP and CFO designate, effective April 21.
Courtesy of CVS Health

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 April 5–11, 2025, organized by sector. Titles included in this roundup: CFOs (Chief Financial Officers), CIOs (Chief Information Officers), and Chief People Officers. We also include CEOs (Chief Executive Officers), COOs (Chief Operating Officers), CTOs (Chief Technology 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

  • Cintas Corporation (No. 437) announced that Mike Hansen is retiring as EVP and CFO, effective May 31. Hansen will become the company’s new assistant to the CEO. Scott Garula, currently president of the company’s rental division, will succeed Hansen as EVP and CFO.

 Financials

Health care

  • CVS Health (No. 6) announced Brian Newman as EVP and CFO designate, effective April 21. He will replace current CFO Tom Cowhey, who is transitioning to Senior Advisor to President and CEO David Joyner, effective May 12. Newman most recently served as EVP and CFO of UPS (No. 45).

Technology

Wholesalers

  • Fastenal (No. 488) announced Sheryl A. Lisowski as the company’s interim CFO, effective April 17. Lisowski has served as Executive Vice President–Chief Accounting Officer and Treasurer of the company since Dec. 2020 and will replace current CFO Holden Lewis.

Source: S&P Global Market Intelligence

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