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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
C-SuiteFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power this week (April 25–May 1, 2026)

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May 1, 2026, 12:25 PM ET
Booz Allen Hamilton Holding (No. 398) appointed Troy Lahr EVP and CFO, effective May 4.
Booz Allen Hamilton Holding (No. 398) appointed Troy Lahr EVP and CFO, effective May 4.Courtesy of Booz Allen Hamilton Holding.
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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 April 25–May 1, 2026, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers) and CFOs (Chief Financial Officers). We also include 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.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).

Chemicals

  • PPG Industries (No. 234) appointed Jamie A. Beggs SVP and CFO, effective July 6. Beggs most recently served as SVP and CFO of Avient Corporation (No. 877 on the Fortune 1000) and will succeed Vincent J. Morales, who is retiring after 41 years with the company.

Energy

  • Occidental Petroleum (No. 159) appointed Richard Jackson President and CEO, effective June 1. Jackson currently serves as SVP and COO of the company and will succeed Vicki Hollub, who will retire after 10 years in the role. She was the first woman to lead a major American oil company and ranked No. 90 on the 2025 Fortune Most Powerful Women list..

Industrials

  • Deere (No. 89) appointed Brent Norwood SVP and CFO. He has been with Deere for over 14 years and most recently served as VP and Finance Director for Construction & Forestry / John Deere Power Systems. He succeeded interim CFO Ryan Campbell, who was appointed to the role in January after former CFO Josh Jepsen left to join Honeywell Aerospace, a planned spinoff of Honeywell International (No. 119).

Technology

  • Booz Allen Hamilton Holding (No. 398) appointed Troy Lahr EVP and CFO, effective May 4. Lahr most recently served as CFO of Sierra Space and previously held finance roles at Boeing (No. 63). He will succeed Kristine Martin Anderson, the company’s COO who has served as interim CFO since previous CFO Matt Calderone resigned in February to join a planned spinoff of S&P Global (No. 305).

Source: S&P Global Market Intelligence

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