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LeadershipFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power, Aug. 23-Sept. 5, 2025

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Fortune Editors
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September 5, 2025, 1:20 PM ET
Michael Fedock will become the next CFO of IQVIA Holdings (No. 282 on the Fortune 500) in February.
Michael Fedock will become the next CFO of IQVIA Holdings (No. 282 on the Fortune 500) in February.Courtesy of Michael Fedock

This is Fortune 500 Power Moves, a 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 Aug. 23-Sept. 5, organized by sector. Titles included in this roundup: CFOs (Chief Financial Officers), CIOs (Chief Information Officers), and CTOs (Chief Technology Officers). We also include CEOs (Chief Executive Officers), COOs (Chief Operating 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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Health care

  • IQVIA Holdings (No. 282) appointed Michael Fedock as CFO, effective Feb. 28, 2026. Fedock currently serves as SVP of Financial Planning and Analysis at the company and will succeed Ron Bruehlman, who is retiring. 

Retailing

  • Lululemon athletica (No. 401) appointed Ranju Das to the newly created role of Chief AI and Technology Officer, effective Sept. 2, 2025. Das was previously CEO and founder of Swan AI studios and CEO of OptumLabs, the research and development arm of UnitedHealth Group (No. 3). The company also announced that CIO Julie Averill is leaving the company this month to pursue other opportunities.

As previously reported in Fortune 500 Power Moves:

  • UnitedHealth Group (No. 3) appointed Wayne S. DeVeydt as CFO, effective Sept. 2.
  • Kenvue (No. 281) appointed Michael Wondrasch as Chief Technology and Data Officer, effective Aug. 25.
  • Nordstrom (No. 291) appointed Kelly Dilts as CFO, effective Aug. 29.

Source: S&P Global Market Intelligence

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