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

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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
C-SuiteFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power this week, Feb. 7–13, 2026

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February 13, 2026, 12:30 PM ET
Aneel Bhusri was appointed CEO of Workday (No. 455 on the Fortune 500).
Aneel Bhusri was appointed CEO of Workday (No. 455 on the Fortune 500).Courtesy of Workday
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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 Feb. 7–13, 2026 organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), and CMOs (Chief Marketing Officers). We also include COOs (Chief Operating Officers), CTOs (Chief Technology Officers), Chief Information Officers (CIOs), 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).

Energy

  • Constellation Brands (No. 186) appointed Nicholas Fink CEO, effective April 13. Fink has been the CEO of Fortune Brands Innovations since 2020. He also currently serves as a member of the Constellation Brands board, a seat he will retain when he joins as chief executive. He will succeed Bill Newlands, who will remain with the company for several months as a strategic advisor.

Food and drug stores

  • Kroger (No. 27) appointed Greg Foran CEO. Foran succeeds Ron Sargent, who has served as interim CEO since March 2025 and will continue as chairman of the board. Foran most recently served as CEO of Air New Zealand and previously led the U.S. business of Walmart (No. 1). Chairman and CEO Rodney McMullen resigned in March 2025 after the company’s board found he had participated in “personal conduct that, while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics,” according to a press release. Read more: The man who fixed Walmart’s grocery business was just appointed CEO of Kroger

Motor vehicles and parts

  • Dana (No. 410) appointed Byron Foster CEO, effective July 1. Foster currently serves as SVP and President of Light Vehicle Systems, Dana’s largest business unit, and will succeed R. Bruce McDonald, who will remain chairman of the company’s board.

Retailing

  • CarMax (No. 151) appointed Keith Barr CEO, effective March 16. Barr most recently served as CEO of InterContinental Hotels Group from 2017 to 2023 and will succeed interim CEO David McCreight, who will resume CarMax board director duties. 

Technology

  • Advanced Micro Devices (AMD) (No. 167) appointed Ariel Kelman SVP and CMO, succeeding John Taylor, who retired last year. Kelman was previously President and CMO of Salesforce (No. 120) and has also held senior marketing roles at Oracle (No. 87) and Amazon (No. 2) Web Services.
  • Kyndryl Holdings (No. 265) appointed Harsh Chugh interim CFO. Chugh most recently served as Global Head of Practices, Corporate Development, and Administration at the company, following over four years as Kyndryl’s COO. He succeeded David Wyshner, who departed the company abruptly.
  • Workday (No. 455) appointed Aneel Bhusri CEO. Bhusri succeeds Carl Eschenbach, who will stay with the company as strategic advisor to the CEO. Bhusri cofounded the company, had been serving as its executive chair, and previously was CEO until February 2024. Read more: Workday shed $40 billion in value. Cofounder Aneel Bhusri is back with a $139 million bet he can turn it around

Wholesalers 

  • WESCO International (No. 199) appointed Indraneel “Neel” Dev CFO. Dev succeeds Dave Schulz, who will retire in May 2026. Dev previously served as CFO and Chief Revenue Officer of Congruex and earlier was CFO of Lumen Technologies (No. 325).

Source: S&P Global Market Intelligence

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