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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
LeadershipFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power this week, Feb. 8-14, 2025

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Fortune Editors
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February 14, 2025, 9:27 AM ET
Tom Doxey
Tom Doxey will replace Tammy Romo as CFO of Southwest Airlines (No. 159 on the Fortune 500).Courtesy of Southwest Airplines
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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. 

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Below is a recap of the C-suite developments at America’s highest-revenue-generating companies announced between Feb. 8-14, 2025, organized by sector. Titles included in this roundup: CFOs (Chief Financial Officers), Chief People Officers, and CHROs (Chief Human Resources Officers). We also include COOs (Chief Operating Officers), CTOs (Chief Technology Officers), CIOs (Chief Information 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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Financials

  • Prudential Financial (No. 81) appointed Vicki Walia as Chief People Officer, effective March 31. Walia currently serves as the head of HR for the company’s U.S. businesses and global asset management business. She will succeed Lucien Alziari, the company’s current CHRO, who is retiring.

Food, beverages, and tobacco

  • Kroger (No. 25) announced that David Kennerley will succeed Todd Foley as Senior Vice President and CFO, effective April 3. Kennerley currently serves as Senior Vice President and CFO for PepsiCo Europe. Foley will retire after the transition is complete. Read more: Kroger hires PepsiCo exec for CFO role as grocery battles heat up

Transportation

  • Southwest Airlines (No. 159) appointed Tom Doxey as Executive Vice President and CFO, effective March 10. Doxey most recently served as President of Breeze Airways and will replace outgoing CFO Tammy Romo upon her retirement. Read more: Southwest is the latest big firm to choose a CFO search over succession planning

Source: S&P Global Market Intelligence

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