• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
C-SuiteFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power this week

Fortune Editors
By
Fortune Editors
Fortune Editors
Down Arrow Button Icon
December 19, 2025, 1:00 PM ET
Steve Cahillane will become the next CEO of Kraft Heinz (No. 166 on the Fortune 500) on Jan. 1.
Steve Cahillane will become the next CEO of Kraft Heinz (No. 166 on the Fortune 500) on Jan. 1.Courtesy of Kraft Heinz

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. 

Recommended Video

Below is a recap of the C-suite developments at America’s highest-revenue-generating companies announced between Dec. 13-19, 2025, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), COOs (Chief Operating Officers), CTOs (Chief Technology Officers), and CMOs (Chief Marketing Officers). We also include Chief Information Officers (CIOs), CHROs (Chief Human Resources Officers), Chief People 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).

Energy

  • Marathon Petroleum (No. 29) appointed Maria A. Khoury EVP and CFO, effective Jan. 19. Khoury currently serves as VP, Group CFO Biotechnology for Danaher (No. 180) and will succeed John J. Quaid, who will stay with the company for a transition period.

Food, beverages, and tobacco

  • Performance Food Group (No. 80) appointed Scott McPherson CEO, effective Jan. 1, after a year in the company’s COO role. He will succeed George Holm, who will transition to Executive Chair. 
  • Kraft Heinz (No. 166) appointed Steve Cahillane CEO, effective Jan. 1. Cahillane most recently served as CEO of Kellanova (No. 332) before its acquisition by Mars. Cahillane will succeed Carlos Abrams-Rivera, who will serve as an advisor to the company until March 6.

Technology

  • Intel (No. 86) appointed Annie Shea Weckesser SVP and Chief Marketing and Communications Officer. Weckesser previously served as CMO of SambaNova, which Intel is currently in talks to acquire. She succeeds Cory Pforzheimer, who has served as interim Chief Communications Officer since Jeff Dahncke left the company this past fall to become Chief Communications Officer at Equinix (No. 446). Pforzheimer will return to the role of VP of Communications. The company also appointed Pushkar Ranade as interim CTO following the departure of Sachin Katti, who stepped down as CTO of the company in November to join OpenAI. Ranade currently serves as Chief of Staff to the CEO.
  • Leidos Holdings (No. 250) appointed Theodore “Ted” Tanner Jr. as CTO, effective Jan. 5. Tanner most recently served as Chief Technology and Strategy Officer at BigBear.ai and succeeds Jim Carlini, who will remain with the company as a senior advisor on national security matters.
  • Booz Allen Hamilton Holding (No. 398) announced that Matthew A. Calderone is resigning as CFO, effective Feb. 1, and pursuing an opportunity outside the company. Kristine Martin Anderson, EVP and COO of the company, will assume Calderone’s duties until the company finds a successor.

Transportation

  • GXO Logistics (No. 363) appointed Bart Beeks to the newly created role of COO, effective Jan. 2. Beeks most recently served as COO of CEVA Logistics.

Sources: S&P Global Market Intelligence

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Fortune Editors
By Fortune Editors
See full bioRight Arrow Button Icon

Latest in C-Suite

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in C-Suite

C-SuiteFortune 500 Power Moves
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsDecember 19, 2025
2 hours ago
Yann LeCun smiles and adjusts his glasses
AIVenture Capital
AI whiz Yann LeCun is already targeting a $3.5 billion valuation for his new startup—and it hasn’t even launched yet
By Dave SmithDecember 19, 2025
3 hours ago
Thomas “Tom” McInerney is President, CEO and a Director of Genworth Financial
CommentaryCaregiving
I’m a CEO who’s spent nearly 40 years talking to presidents, lawmakers and leaders about our long-term care crisis. They knew this moment was coming
By Thomas McInerneyDecember 19, 2025
4 hours ago
Trump
PoliticsMedia
Why did Trump get 18 minutes of prime-time television for a totally partisan, largely inaccurate monologue?
By Bill Barrow and The Associated PressDecember 19, 2025
5 hours ago
Hunt
PoliticsObituary
Jim Hunt, the ‘education governor’ who served 4 terms in North Carolina as a Democrat, dies at 88
By Gary D. Robertson and The Associated PressDecember 19, 2025
6 hours ago
At left, CEO of Scale A.I. Alexandr Wang testifies during a House Armed Services Subcommittee on Cyber, Information Technologies and Innovation hearing about artificial intelligence, as other people watch him, on Capitol Hill July 18, 2023 in Washington, DC
AIMeta
Meta’s 28-year-old billionaire prodigy says the next Bill Gates will be a 13-year-old who is ‘vibe coding’ right now
By Eva RoytburgDecember 19, 2025
9 hours ago

Most Popular

placeholder alt text
Economy
The $38 trillion national debt is to blame for over $1 trillion in annual interest payments from here on out, CRFB says
By Nick LichtenbergDecember 17, 2025
2 days ago
placeholder alt text
AI
Meta’s 28-year-old billionaire prodigy says the next Bill Gates will be a 13-year-old who is ‘vibe coding’ right now
By Eva RoytburgDecember 19, 2025
9 hours ago
placeholder alt text
Success
As graduates face a ‘jobpocalypse,’ Goldman Sachs exec tells Gen Z they need to know their commercial impact 
By Preston ForeDecember 18, 2025
1 day ago
placeholder alt text
Economy
‘This is a wacky number’: economists cry foul as new government data assumes zero housing inflation in surprising November drop
By Eva RoytburgDecember 18, 2025
1 day ago
placeholder alt text
Future of Work
LinkedIn CEO says it's 'outdated' to have a five-year career plan: It's a 'little bit foolish' considering the pace AI is changing the workplace
By Sydney LakeDecember 18, 2025
1 day ago
placeholder alt text
Success
As millions of Gen Zers face unemployment, McDonald's CEO dishes out some tough love career advice for navigating the market: ‘You've got to make things happen for yourself’
By Preston ForeDecember 16, 2025
3 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.