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C-SuiteFortune 500 Power Moves

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

Fortune Editors
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Fortune Editors
Fortune Editors
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Fortune Editors
By
Fortune Editors
Fortune Editors
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January 30, 2026, 11:45 AM ET
Enrique Miñarro Viseras was appointed COO of Otis Worldwide (No. 303 on the Fortune 500).
Enrique Miñarro Viseras was appointed COO of Otis Worldwide (No. 303 on the Fortune 500).Courtesy of Otis Worldwide

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 Jan. 17–30, 2026 organized by sector. Titles included in this roundup: CFOs (Chief Financial Officers), COOs (Chief Operating Officers), CTOs (Chief Technology Officers), and CHROs (Chief Human Resources Officers). We also include CEOs (Chief Executive Officers), Chief Information Officers (CIOs), 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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Financials

  • Progressive (No. 57) announced the retirement of CFO John Sauerland, effective July 3, after 35 years with the company and 10 years as its CFO. Andrew Quigg, the the company’s Chief Strategy Officer, is expected to succeed him.

Food and drug stores

  • Albertsons (No. 55) appointed Allison Pinkham EVP and CHRO, effective Feb. 16. Pinkham previously served as CHRO and an Executive Committee Member at Galderma and will succeed Mike Theilmann, who retired in November of last year.

Industrials

  • Otis Worldwide (No. 303) appointed Enrique Miñarro Viseras COO. He previously served as President, EMEA & Latin America for the company. 

Retailing

  • Chewy (No. 357) announced that CTO Satish Mehta will retire, effective Feb. 6. The company will conduct a search for Mehta’s successor.

Source: S&P Global Market Intelligence

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