Fortune 500 Power Moves: Which executives gained and lost power this week, July 4-11, 2025

Kirk Tanner will become the next CEO of Hershey (No. 379 on the Fortune 500) on Aug. 18.
Kirk Tanner will become the next CEO of Hershey (No. 379 on the Fortune 500) on Aug. 18.
Courtesy of The Hershey Company

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 July 4-11, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), COOs (Chief Operating Officers), CMOs (Chief Marketing Officers), and Chief Customer Officers. We also include CIOs (Chief Information Officers), CTOs (Chief Technology Officers), CHROs (Chief Human Resources Officers), and Chief People Officers when there are Power Moves within the Fortune 500 announced pertaining to those roles.

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Engineering and construction

  • Toll Brothers (No. 390) appointed Gregg Ziegler as CFO, effective Oct. 31. Ziegler, who has been with the company for 23 years, currently serves as SVP, Investor Relations and Treasurer of the company and will succeed Marty Connor, who is retiring after 17 years at Toll Brothers. 

Financials

Food, beverages, and tobacco

Health care

  • Baxter International (No. 288) appointed Andrew Hider as CEO, effective no later than Sept. 3. Hider currently serves as CEO of ATS Corporation and succeeds interim CEO Brent Shafer, who was appointed to the role after former CEO José Almeida retired. Hider will transition to chair of the company. 

Technology

Source: S&P Global Market Intelligence

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