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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Current price of oil as of June 11, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Current price of oil as of June 11, 2026
LeadershipFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power, June 7-13, 2025

Fortune Editors
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Fortune Editors
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June 13, 2025, 1:00 PM ET
David Orr will become the next CFO of ABM Industries (No. 458 on the Fortune 500).
David Orr will become the next CFO of ABM Industries (No. 458 on the Fortune 500).Courtesy of ABM

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. 

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Below is a recap of the C-suite developments at America’s highest-revenue-generating companies announced between June 7–13, 2025, organized by sector. Titles included in this roundup: CFOs (Chief Financial Officers). We also include CEOs (Chief Executive Officers), COOs (Chief Operating Officers), CTOs (Chief Technology Officers), CIOs (Chief Information Officers), CHROs (Chief Human Resources Officers), 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.

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).

Business services

  • ABM Industries (No. 458) promoted David Orr to CFO. Orr, who has been with the company since 2001, previously served as SVP, Financial Planning and Analysis, and succeeds Earl Ellis.

Media

  • Paramount Global (No. 147) appointed Andrew Warren as EVP, Interim CFO, effective June 27. Warren is currently Strategic Advisor to the Office of the CEO at Paramount Global and will maintain that role going forward, in addition to the interim CFO role. He formerly served as CFO of Discovery Communications. Warren succeeds EVP and CFO Naveen Chopra, who is leaving to assume the role of CFO at Roblox.

Retailing

  • Avis Budget Group (No. 360) appointed Daniel Cunha as CFO, effective July 1. Cunha previously served as CFO of Orion Services Group and succeeds Izzy Martins, who is joining Symbotic as CFO. 

Source: S&P Global Market Intelligence

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