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Fortune 500 Power Moves: Which executives gained and lost power this week
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. 28–March 6, 2026 organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), COOs (Chief Operating Officers), CFOs (Chief Financial Officers), CMOs (Chief Marketing Officers), and Chief Information Officers (CIOs). We also include CTOs (Chief Technology 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.
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).
Health care
McKesson (No. 9) announced that EVP and CFO Britt Vitalone will retire, effective May 29, after 20 years with the company and eight years as CFO. Kenny Cheung, currently EVP and CFO of wholesaler Sysco (No. 56), will succeed Vitalone.** Brandon Sewell**, SVP and CFO–U.S. Foodservice Operations, has been appointed interim CFO of Sysco. Cheung will remain an advisor to Sysco through April 17, and Vitalone will remain an advisor to McKesson “to support…the planned separation of McKesson’s Medical Surgical Solutions,” according to a release.
Cigna(No. 13) announced that CEO **David M. Cordani **will retire as of July 1. Cordani will transition to Executive Chair of the company’s board, and Brian Evanko, currently Cigna’s President and COO (and former CFO), will succeed him as CEO. Cordani joined Cigna in 1991 and has been CEO since 2009.
Motor vehicles and parts
Transportation
Source: S&P Global Market Intelligence
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