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.
Below is a recap of the C-suite developments at America’s highest-revenue-generating companies announced between April 18–24, 2026, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers) and CFOs (Chief Financial Officers). We also include COOs (Chief Operating Officers), CTOs (Chief Technology Officers), Chief Information Officers (CIOs), CMOs (Chief Marketing Officers), 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.
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Retailing
- Best Buy (No. 108) appointed Jason Bonfig CEO, effective Oct. 31. Bonfig has spent more than 25 years with the company, currently serving as Chief Customer, Product, and Fulfillment Officer, and will succeed Corie Barry. According to a company statement, the board conducted an extensive review of internal and external candidates before deciding to promote Bonfig to the role. Read more: Best Buy CEO Corie Barry is stepping down: Why the comeback she executed fizzled out
- Expedia Group (No. 312) appointed Derek Andersen CFO, effective May 11. Andersen currently serves as CFO of Snap (No. 627 on the Fortune 1000) and previously held finance roles at Amazon and elsewhere. He will succeed Scott Schenkel, who is stepping down.
- Lululemon athletica (No. 401) appointed Heidi O’Neill CEO, effective Sept. 8. O’Neill most recently served as President, Consumer, Product, and Brand at Nike (No. 90) and will succeed interim co-CEOs Meghan Frank and André Maestrini, who will return to their previous roles as CFO and President, Chief Commercial Officer, respectively. Read more: What a Best Buy CEO exit and a fresh start at Lululemon reveal about leading through volatility
Technology
- Apple (No. 4) appointed John Ternus CEO, effective Sept. 1. Ternus currently serves as Senior Vice President, Hardware Engineering, and has been with the company since 2001. He will succeed Tim Cook, who will transition to Executive Chairman of the company’s board after 15 years as CEO. Read more: Tim Cook’s exit is part of a CEO reckoning sweeping corporate America
Source: S&P Global Market Intelligence
