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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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C-SuiteFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power (May 9-22, 2026)

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May 26, 2026, 9:42 AM ET
Jacobs Solutions (No. 245 on the Fortune 500) appointed Cheryl Lim CHRO.
Jacobs Solutions (No. 245 on the Fortune 500) appointed Cheryl Lim CHRO.Courtesy of Jacobs Solutions.
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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 May 9-22, 2026, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), CMOs (Chief Marketing Officers), and CHROs (Chief Human Resources Officers). We also include COOs (Chief Operating Officers), CTOs (Chief Technology Officers), CIOs (Chief Information 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

  • HF Sinclair (No. 150) announced the termination of CFO Atanas Atanasov, who had been on leave since February after the company’s audit committee raised concerns. CEO Timothy Go also departed the company under a separation agreement. Franklin Myers, chair of the company’s board, will continue to serve as interim CFO; Chief Accounting Officer Vivek Garg will continue serving as acting CFO.

Food, beverages, and tobacco

  • Philip Morris International (No. 121) appointed Massimo Andolina CFO, effective Aug. 1. Andolina has been with the company for 18 years and currently serves as President, Europe Region. He succeeds Emmanuel Babeau, who is staying with the company through March 2027 as a Strategic Advisor. 

Health care

  • Amgen (No. 134) announced that Peter Griffith is retiring as CFO. Thomas Dittrich will succeed Griffith as CFO on Sept. 1. Dittrich previously spent eight years at the company, from April 2006 to August 2014, during which time he ultimately served as Corporate Controller and Chief Accounting Officer. He currently serves as CFO of Galderma.

Technology

  • Jacobs Solutions (No. 245) appointed Cheryl Lim CHRO. Lim most recently served as CHRO and Section 16 Officer at Vertiv Holdings (No. 471).
  • DoorDash (No. 394) appointed Tim Castree CMO. Castree previously served as VP EU Prime & Marketing and VP Global Media at Amazon (No. 2) and succeeds Kofi Amoo-Gottfried, who is leaving the company to spend more time with his family. 

Source: S&P Global Market Intelligence

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
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