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Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

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1

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 12, 2026
LeadershipFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power, Sept. 6–12, 2025

Fortune Editors
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Fortune Editors
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September 12, 2025, 1:11 PM ET
Dell Technologies (No. 44 on the Fortune 500) appointed David Kennedy as interim CFO.
Dell Technologies (No. 44 on the Fortune 500) appointed David Kennedy as interim CFO.Courtesy of Dell

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 Sept. 6–12, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), COOs (Chief Operating Officers), CFOs (Chief Financial Officers), and CTOs (Chief Technology Officers). We also include Chief Information Officers (CIOs), 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.

For daily updates, subscribe to Fortune’s weekday newsletters, including CEO Daily, CFO Daily, and MPW Daily, as well as Next to Lead (weekly Mondays), and CIO Intelligence (weekly Wednesdays).

Financials

  • Corebridge Financial (No. 224) appointed Marc Costantini as CEO, effective Dec. 1. Costantini previously served as Head of Strategy and Inforce Management at Manulife and succeeds Kevin Hogan, who will transition to Special Advisor to the Board for six months.

Hotels, restaurants, and leisure

  • MGM Resorts International (No. 240) announced that COO Corey Sanders will retire after more than 30 years with the company, effective Dec. 31, 2025. He will serve as an advisor to the President and CEO through Dec. 31, 2026. MGM Resorts International stated in a release that it intends to name a successor later this month.
  • Yum Brands (No. 491) appointed Ranjith Roy as CFO, effective Oct. 1. Roy previously served as Chief Strategy Officer and Treasurer of the company and will succeed Chris Turner, who, as previously reported in Fortune 500 Power Moves, will become CEO. The company also appointed Jim Dausch as Chief Digital and Technology Officer. Dausch previously served as Global Chief Digital and Technology Officer of Pizza Hut and succeeds Joe Park, who is leaving the company for another opportunity.

Technology

  • Dell Technologies (No. 44) appointed David Kennedy as interim CFO, effective Sept. 9. Kennedy previously served as SVP of Dell Global Business Operations, Finance, among other roles at Dell. He succeeded Yvonne McGill, who is retiring after nearly 30 years with the company, but will remain with Dell in an advisory capacity through Q3 of fiscal 2026. A search for a permanent successor is underway, Dell Technologies stated in a release. 
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