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

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

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

2

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

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
LeadershipFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power, Feb. 15–21, 2025

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February 21, 2025, 9:55 AM ET
JIm Breuer will assume the role of CEO at Fluor (No. 265 on the 2024 Fortune 500) in May.
JIm Breuer will assume the role of CEO at Fluor (No. 265 on the 2024 Fortune 500) in May.Courtesy of Fluor/Business Wire
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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. 15-21, 2025, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers) and CFOs (Chief Financial Officers). We also include COOs (Chief Operating Officers), Chief People Officers, CHROs (Chief Human Resources 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.

For daily updates, subscribe to Fortune’s weekday newsletters, including CEO Daily, CFO Daily, CIO Intelligence, and MPW Daily, as well as Next to Lead (weekly Mondays).

Engineering and construction

  • Fluor (No. 265) appointed Jim Breuer as CEO, effective May 1. Breuer currently serves as COO at Fluor and will succeed David E. Constable, who will transition to Executive Chairman. Read more: A $7 billion global engineering and construction giant hired a new CEO—but he’ll make less than half as much as his former boss

Financials 

  • Prologis (No. 463) announced that cofounder Hamid R. Moghadam will retire as CEO, effective Jan. 1, 2026. He will be succeeded by Dan Letter, who currently serves as president of the company. Read more: For Prologis CEO Hamid Moghadam, culture flows from a company’s mission and values

Retailing

  • Ross (No. 201) announced that Adam Orvos will retire as CFO, effective Sept. 30. William Sheehan, currently the company’s Group Senior Vice President, has been promoted to Deputy Chief Financial Officer and is expected to succeed Orvos.

Source: S&P Global Market Intelligence

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