{"id":6209,"date":"2026-08-28T17:40:41","date_gmt":"2026-08-28T17:40:41","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=6209"},"modified":"2026-08-28T17:40:41","modified_gmt":"2026-08-28T17:40:41","slug":"fortune-500-power-moves-which-executives-gained-and-lost-power-this-week-3","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=6209","title":{"rendered":"Fortune 500 Power Moves: Which executives gained and lost power this week"},"content":{"rendered":"
\n

Below is a recap of the C-suite developments at America\u2019s highest-revenue-generating companies announced between Aug. 22-28, 2026, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), COOs (Chief Operating Officers), CMOs (Chief Marketing Officers), and Chief Customer Officers. We also include CTOs (Chief Technology Officers), CIOs (Chief Information Officers), CHROs (Chief Human Resources Officers), and Chief People Officers when there are Power Moves within the Fortune 500 announced pertaining to those roles. For daily updates, subscribe to Fortune<\/em>\u2019s weekday newsletters, including CEO Daily, CFO Daily, and MPW Daily, as well as Next to Lead (weekly Mondays), and CIO Intelligence (weekly Wednesdays).<\/p>\n

Read more An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes<\/a><\/p>\n

Business services<\/h2>\n
    \n
  • Waste Management (No. 179)\u00a0 appointed CEO, effective Jan. 4, 2027. Morris currently serves as President and previously served as COO of the company. He will succeed , who will serve in an advisory role until mid-February before retiring after more than 25 years at the company.\u00a0<\/li>\n<\/ul>\n

    Energy<\/h2>\n
      \n
    • TargaResources (No. 262) appointed CFO, effective Sept. 1. He previously served as President of Logistics and Transportation at the company and will succeed , who will retire as CFO but will remain with the company in a nonexecutive capacity through the end of the year.<\/li>\n<\/ul>\n

      Food, beverages, and tobacco<\/h2>\n
        \n
      • HormelFoods (No. 363) named EVP and CFO, effective Sept. 8. Bhumbla joins from Tyson Foods (No. 87), where he was most recently SVP and CFO of the company\u2019s chicken business. He succeeds interim CFO , who will remain VP, Controller, and Principal Accounting Officer and was appointed after former CFO left the company in October 2025.<\/li>\n<\/ul>\n

        Retailers<\/h2>\n
          \n
        • Kohl\u2019s (No. 289) appointed to the newly created role of Chief Customer Officer. Parisi previously served as Chief Digital Officer. The appointment came as the company announced the departure of Chief Marketing Officer .<\/li>\n<\/ul>\n

          Technology<\/h2>\n
            \n
          • Micron Technology (No. 125) appointed President and COO. He previously served as EVP of Global Operations and joined the memory-chip maker in 2017. Bhatia is the company\u2019s first COO since 2012.\u00a0<\/li>\n<\/ul>\n

            Source: S&P Global Market Intelligence<\/em><\/p>\n

            \n
            \n
            <\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

            See which Fortune 500 companies are making changes to their C-suite ranks.<\/p>\n","protected":false},"author":1,"featured_media":6208,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-6209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fortune-500-power-moves"],"yoast_head":"\nFortune 500 Power Moves: Which executives gained and lost power this week - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=6209\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fortune 500 Power Moves: Which executives gained and lost power this week - Cross Country Moving Team\" \/>\n<meta property=\"og:description\" content=\"See which Fortune 500 companies are making changes to their C-suite ranks.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crosscountrymovingteams.com\/?p=6209\" \/>\n<meta property=\"og:site_name\" content=\"Cross Country Moving Team\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-28T17:40:41+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=6209#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=6209\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"headline\":\"Fortune 500 Power Moves: Which executives gained and lost power this week\",\"datePublished\":\"2026-08-28T17:40:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=6209\"},\"wordCount\":354,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=6209#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/3957740d66dadfad0343eac2f5531295.webp\",\"articleSection\":[\"Fortune 500 Power Moves\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=6209#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=6209\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=6209\",\"name\":\"Fortune 500 Power Moves: Which executives gained and lost power this week - 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