The inaugural Fortune Next to Lead: The 25 Most Powerful Rising Executives in the Fortune 500 list highlights 25 leaders to know, including 11 women across the tech, energy, pharmaceutical, and retail sectors. All execs chosen for this list work at Fortune 500 companies like Microsoft and Walmart, leading influential divisions and subsidiaries. They demonstrate vision and leadership and drive positive financial outcomes for their businesses, setting them up to continue to ascend in their careers in the years ahead. 

Here are five of the women who made this year’s Most Powerful Rising Executives list: 

Leah Anderson, Land O’Lakes 

Leah Anderson leads WinField United, the crop inputs and insights business at Land O’Lakes and its largest division. As president, Anderson drives strategy at WinField United, developing innovative products and services for farmers and agricultural retailers. She previously held leadership roles at Blue Cross and Blue Shield of Minnesota, U.S. Bank, and Securian Financial Group and sits on the boards of CropLife America and GreenPoint Ag. 

Ethan Miller—Getty Images; Courtesy of Lululemon and Johnson & Johnson

Sarah Bond, Microsoft 

As president, Sarah Bond leads operations at Xbox as well as its effort to create a device-agnostic gaming ecosystem. A graduate of Harvard and Yale, and former McKinsey consultant and T-Mobile strategist, Bond joined Microsoft in 2017 and played a key role in its bid to acquire Activision Blizzard. She also serves on the board of Zuora.

Eimear Bonner, Chevron 

At Chevron Corp., Eimear Bonner is responsible for global audit and investor relations, as well as tax, treasury, and financial operations. Since joining the company in 1998, she has held several key leadership roles, including general director of Tengizchevroil LLP in Kazakhstan and chief technology officer, a position in which Bonner made history at Chevron as its first woman CTO.

Gina Mastantuono, ServiceNow

Gina Mastantuono leads accounting, investor relations, real estate, and global impact strategy at the workflow automation platform. She was previously EVP and CFO at Ingram Micro, an IT products and services company, and has held senior roles at Revlon. Mastantuono sits on the board of Roblox.

Latriece Watkins, Walmart 

Latriece Watkins joined the megaretailer in 1997 as a real estate intern and worked her way up the ranks, serving in many leadership roles at both Walmart and its Sam’s Club division, including senior director of real estate and senior VP of merchandising consumables and OTC. She’s the first woman and person of color to serve as Walmart’s chief merchant, one of the most influential jobs in retail, where she oversees product selection and supplier relationships for its U.S. operations. She sits on the board of directors at Live Nation Entertainment. 

Read the full list here and check out Fortune’s four-part playbook on what it takes to make it to a future Fortune 500 corner office. 

Natalie McCormick
natalie.mccormick@fortune.com

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ALSO IN THE HEADLINES

- Two decades. For the first time in 20 years, there will be no women leading a committee in the House of Representatives. There were also no people of color selected by the House Republican Steering Committee. ABC

- Backing Bama. Halogen Ventures, founded by Jesse Draper, received a $10 million investment from Innovate Alabama to support female founders in the state, which ranks last in the U.S. for female entrepreneurs. Halogen invests in early-stage, female-founded companies in the consumer technology space. Business Journals

- Dear Donald. Sen. Elizabeth Warren (D-Mass.) wrote to Donald Trump, asking him to establish conflict-of-interest rules for Elon Musk, the richest man in the world and an advisor to the incoming president. Currently, it is unclear if Musk has agreed to any ethics rules, like those that members of the Trump Vance 2025 Transition Team follow. Washington Post

- Anti-DEI. A new fund from investment firm Azoria Partners will avoid companies with specific DEI-hiring goals, including Nike, Kraft Heinz, and Autodesk. There are 36 S&P 500 companies with gender and racial hiring goals that the fund plans to exclude. Bloomberg

MOVERS AND SHAKERS

Refinery29 CEO Cory Haik has left the media company; she held the role since April.

Google named Debbie Weinstein president of Europe, the Middle East, and Africa. Previously, she was VP of Google and managing director of Google UK and Ireland.

Futures Recovery Healthcare, a behavioral health treatment provider, appointed Tammy Malloy as CEO and Kate Armstrong as COO. Previously, Malloy was the company’s COO and Armstrong was director of organizational compliance and research.

The American Institute of Architects named Evelyn Lee president. She is currently fractional COO at Alvium, among other roles.

Vimeo named Irene Hendricks chief people officer. Most recently, Hendricks was chief people officer at Acclara.

Jones Walker, a law firm, appointed Maggie Spell as CHRO. Most recently, she was director of operations at Magnolia Community Services. Previously, she was a partner in Jones Walker’s  labor and employment practice group.

Pinterest named Soniya Monga VP of global agency sales. She was previously head of U.S. agency partnerships at TikTok.

Rula Health, a mental healthcare company, named Prashanthi Raman chief external affairs officer. Previously, Raman was VP of global government affairs at Cruise.

ON MY RADAR

Djerf Avenue backlash: The cult of the founder has risks and rewards Vogue Business

Why are women CEOs still so underrepresented in music’s top roles? Billboard

Kim Kardashian and Skims CEO Jens Grede discuss retail strategy and IPO, open Fifth Avenue flagship WWD

PARTING WORDS

“You’re doing it because you want to, because there was somebody who lifted you up, and so your job is to lift other people up too.”

— Stacy Brown-Philpot, former TaskRabbit CEO, on remaining committed to diversity work