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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
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Fortune Editors
Fortune Editors
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March 13, 2026, 12:35 PM ET
Olivier Leonetti will become CFO of Equinix (No. 446 on the Fortune 500) on March 16.
Olivier Leonetti will become CFO of Equinix (No. 446 on the Fortune 500) on March 16.Courtesy of Equinix

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 March 7–13, 2026 organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), and Chief Information Officers (CIOs). We also include COOs (Chief Operating Officers), CTOs (Chief Technology Officers), CMOs (Chief Marketing Officers), 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.

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Financials

  • Equinix (No. 446) appointed Olivier Leonetti CFO, effective March 16. Leonetti most recently served as CFO of Eaton (No. 173 on the Fortune 500 Europe) and will succeed Keith Taylor, who is retiring after 27 years with the company.

Household products

  • Kimberly-Clark (No. 213) appointed Francesco Tinto Chief Information & Global Business Services Officer. Tinto previously served as Chief Digital Officer of Advantage Solutions, and prior to that held leadership positions at Walgreens Boots Alliance (No. 26), Procter & Gamble (No. 51), and Kraft Heinz (No. 166).

Industrials

  • AGCO (No. 364) appointed Jena Holtberg-Benge Chief Digital & Information Officer, effective March 16. Holtberg-Benge currently serves as Vice President of Aftersales Parts and will succeed Viren Shah.

Motor vehicles and parts 

  • Autoliv (No. 407) appointed Monika Grama CFO and EVP, Finance, effective April 1. Grama has been with the company since 2009 and currently serves as VP, Finance for the company’s EMEA division. She succeeds Fredrik Westin, who is leaving the company to join AkzoNobel (No. 345 on the Fortune 500 Europe) as CFO. 

Technology

  • Adobe (No. 201) announced that CEO Shantanu Narayen plans to step down after 18 years in the role, effective once a successor is selected. Read more: Adobe CEO Shantanu Narayen is stepping down after 18 years—as pressure on the company mounts to deliver on AI

Transportation

  • GXO (No. 363) appointed Mark Suchinski CFO, effective April 1. Suchinski most recently served as CFO of The GEO Group and of Spirit AeroSystems and will succeed Baris Oran, who is leaving the company to pursue other opportunities.

Source: S&P Global Market Intelligence

At the invitation-only Fortune COO Summit, taking place June 1–2 in Arizona, COOs from the nation’s largest companies will come together to examine how AI and emerging technologies are reshaping operating models, strengthening resilience, and enabling faster and smarter decision-making. Register now.
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