Fortune 500 Power Moves: Which executives gained and lost power this week, April 26-May 2, 2025

Peter Hadley will become CFO of ADP (No. 228 on the 2024 Fortune 500) on July 1.
Peter Hadley will become CFO of ADP (No. 228 on the 2024 Fortune 500) on July 1.
Courtesy of ADP

This is Fortune 500 Power Moves, a weekly 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 April 26-May 2, 2025, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), COOs (Chief Operating Officers), and CFOs (Chief Financial Officers). We also include CTOs (Chief Technology Officers), CMOs (Chief Marketing Officers), CIOs (Chief Information 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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Business services

Energy

  • World Kinect (No. 93) promoted John P. Rau to the formerly vacant role of COO, effective immediately. Rau previously served as EVP of Global Aviation, Land and Marine, at the company.

Financials

Industrials

  • Corning (No. 323) announced that President and COO Eric S. Musser will retire at the end of the year after 39 years at the company. Avery “Hal” Nelson III, currently SVP and General Manager, Automotive, Life Sciences, and Solar at Corning, will succeed Musser.

Retailing

Technology

  • eBay (No. 390) appointed Peggy Alford as the company’s new CFO, effective May 12. Alford previously served as EVP, Global Sales and Merchant Services at PayPal (No. 145) and will succeed Steve Priest.

Source: S&P Global Market Intelligence

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