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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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C-SuiteFortune 500 Power Moves

Fortune 500 Power Moves: Two of America’s largest companies announced CFO transitions this week

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Fortune Editors
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April 10, 2026, 11:05 AM ET
Kyle Epley will become CFO of Caterpillar (No. 64 on the Fortune 500) on May 1.
Kyle Epley will become CFO of Caterpillar (No. 64 on the Fortune 500) on May 1.Courtesy of Caterpillar

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 April 4–10, 2026, 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), Chief Information Officers (CIOs), 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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Industrials

  • Caterpillar (No. 64) announced the retirement of CFO Andrew Bonfield, who will step down from the role on May 1 but stay with the company as an advisor until Oct. 1. He will be succeeded by Kyle Epley, who has been with the company for almost three decades and currently serves as the company’s SVP of Global Finance Services. Read more: How 100‑year‑old Caterpillar went from making construction equipment to becoming an AI market darling

 Technology

  • Oracle (No. 87) appointed Hilary Maxson CFO. Maxson previously served as EVP and Group CFO of Schneider Electric SE (No. 102 on the Fortune 500 Europe) and succeeded Doug Kehring, who CEO Clay Magouyrk said “will be returning his focus to helping optimize and accelerate our go-to-market operations” as EVP, Operations.

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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