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 July 26-Aug. 1, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), and Chief People Officers. We also include COOs (Chief Operating Officers), CIOs (Chief Information Officers), CTOs (Chief Technology Officers), CHROs (Chief Human Resources 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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Health care
- UnitedHealth Group (No. 3) appointed Wayne S. DeVeydt as CFO, effective Sept. 2. DeVeydt most recently served as a managing director and operating partner at Bain Capital and will succeed John F. Rex, who is transitioning to strategic advisor to the CEO.
Household products
- Procter & Gamble (No. 51) announced that Shailesh Jejurikar will succeed Jon Moeller as President and CEO, effective Jan. 1, 2026. Jejurikar currently serves as COO, and he has held various roles at the company since he joined in 1989. Following Jejurikar’s appointment, Moeller will transition to Executive Chairman of Procter & Gamble.
Retailing
- Lithia Motors (No. 124) announced that Gary Glandon is retiring as Chief People Officer, effective Dec. 31. The company is actively searching for a successor.
Source: S&P Global Market Intelligence
