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.
Below is a recap of the C-suite developments at America’s highest-revenue-generating companies announced between Oct. 25-31, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers) and CFOs (Chief Financial Officers). We also include COOs (Chief Operating Officers), CTOs (Chief Technology Officers), 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.
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Business services
- Fiserv (No. 208) appointed Paul Todd as CFO, effective Oct. 31. Todd previously served as CFO of Global Payments (No. 413) and succeeded Robert Hau, who will stay with the company through Q1 of 2026 as a senior advisor.
Energy
- Valero Energy (No. 34) appointed Homer Bhullar as CFO, effective Jan. 1, 2026. Bhullar currently serves as VP-Investor Relations and Finance at the company and will succeed Jason Fraser, who is retiring.
Food, beverages, and tobacco
- Hormel Foods (No. 352) appointed Paul Kuehneman as interim CFO, effective Oct. 27. Kuehneman, who is retaining his role as Controller of the company during this period, succeeds Jacinth Smiley, who has left the company to pursue other opportunities.
Retailing
- Murphy USA (No. 231) appointed COO Mindy K. West to the additional role of President, effective immediately, and announced that West will succeed Andrew Clyde as CEO, effective Jan. 1, 2026, when Clyde retires. Clyde will remain with the company as a non-executive advisor through February 2027.
Transportation
- CSX (No. 301) appointed Kevin Boone as CFO, effective Oct. 29. Boone most recently served as CSX’s EVP and Chief Commercial Officer, and he previously held the CFO title for two years in the wake of COVID-era supply chain challenges. Boone succeeds Sean Pelkey, who has left the company.
Source: S&P Global Market Intelligence