CEO Change Tracker in the S&P500

Hamid R. Moghadam, the CEO of Prologis, Inc., has announced his retirement effective January 1, 2026. He will transition to the role of Executive Chairman of the Board. Daniel S. Letter, currently the President of Prologis, will succeed him as CEO starting January 1, 2026, and has already joined the Board of Directors as of February 19, 2025. " "

Liam K. Griffin, the current CEO of Skyworks Solutions, Inc., will step down from his role effective February 17, 2025. Philip G. Brace has been appointed as the new CEO and President, and he will also join the board of directors on the same date. Griffin will remain in an advisory role for three months to ensure a smooth transition. " "

On February 5, 2025, Johnson Controls International (JCI) announced that George Oliver, the current CEO, will retire from his role on March 12, 2025, following the company's Annual General Meeting. Joakim Weidemanis will succeed him as CEO on the same date. Mr. Oliver will continue as Chairman of the Board until July 31, 2025, after which he will retire from the Board entirely. " "

Jon Weiss, Co-CEO of Corporate & Investment Banking at Wells Fargo, has stepped down effective immediately as of January 30, 2025, and will formally retire on June 1, 2025. Fernando Rivas, who joined the company in May 2024, has taken over as the sole CEO of Corporate & Investment Banking. " "

U.S. Bancorp announced that its current CEO, Andrew Cecere, will step down as Chief Executive Officer on April 15, 2025. Gunjan Kedia, currently serving as President, will assume the role of CEO on that date. Cecere will transition to the role of Executive Chairman, continuing to lead the Board of Directors and supporting Kedia in her new position. " "

Frank J. Bisignano, the current CEO of Fiserv, Inc., will resign as President effective January 27, 2025, but will remain as CEO and Chairman until the earlier of his confirmation as Commissioner of Social Security by the U.S. Senate or June 30, 2025. Michael P. Lyons has been appointed as CEO-Elect and will assume the CEO role on the transition date. "

Jim Williamson has been appointed as the permanent CEO of Everest Group, effective January 22, 2025. He was previously the Acting CEO and has held senior roles within the company since 2020, including EVP and Group COO. The Board of Directors expressed confidence in his leadership to guide the company forward. " "

Michele G. Buck, the CEO of The Hershey Company, has announced her intention to retire effective June 30, 2026. She will remain in her current roles until a successor is appointed, after which she will transition to a senior advisor role until her retirement date. The company has initiated a search for her successor, considering both internal and external candidates. " "

The CEO of PPL, Vincent Sorgi, has not left the company. However, the Executive Vice President and Chief Operating Officer, Francis X. Sullivan, will be leaving the company effective April 4, 2025, as part of an internal reallocation of duties. "

The CEO of KFC, a division of Yum! Brands, Inc., Sabir Sami, has announced his resignation effective March 1, 2025. He will transition to an advisory role until March 1, 2026. Scott Mezvinsky, currently President of Taco Bell North America and International, will succeed him as CEO of KFC on the same date. "

Lynn J. Good, the current CEO of Duke Energy, will retire effective April 1, 2025. Harry K. Sideris has been appointed as her successor and will assume the roles of President, CEO, and Board Member on the same date. " "

The CEO of Teradyne, Inc., Ford Tamer, has announced that he will not stand for re-election at the company's next annual meeting in May 2025. This decision is due to his recent appointment as the CEO of Lattice Semiconductor Corporation. He will continue to serve as CEO of Teradyne until the end of his term. "

Juan C. Andrade, the President and CEO of Everest Group, Ltd., has resigned to pursue another opportunity. Jim Williamson has been appointed as the Acting CEO effective immediately as of January 5, 2025. Williamson, who joined Everest in 2020, has extensive experience in the insurance industry and has held various senior positions at Everest and other companies. " "

Dave Kimbell, the CEO of Ulta Beauty, has announced his retirement after 11 years with the company. Kecia Steelman, who was the President and Chief Operating Officer, has been appointed as the new President and CEO, effective January 6, 2025. Kimbell will continue to serve as an advisor to the company until June 28, 2025. " "

Thomas P. Werner, the current CEO of Lamb Weston Holdings, Inc., will step down from his role on January 3, 2025. He will be succeeded by Michael J. Smith, who has been appointed as the new President and CEO effective the same date. Werner will transition to a non-executive advisory role until August 31, 2025 " " .

Michael C. Creedon, Jr. has been appointed as the permanent Chief Executive Officer of Dollar Tree, Inc., effective December 18, 2024. He had been serving as the interim CEO since November 3, 2024, following the departure of the previous CEO, Rick Dreiling. Creedon joined Dollar Tree in 2022 as Chief Operating Officer and has been recognized for his strategic vision and leadership " " .

Alessandro Maselli will remain as the President and Chief Executive Officer of Catalent following its acquisition by Novo Holdings, which was completed on December 18, 2024. This acquisition marks a significant milestone for Catalent as it transitions to private ownership under Novo Holdings " .

The CEO of Pinnacle West Capital Corporation, Jeffrey B. Guldner, will be replaced by Theodore N. Geisler as Chairman of the Board, President, and Chief Executive Officer, effective April 1, 2025. Mr. Guldner will transition to a role as a non-officer special advisor to the CEO on the same date " .

Jeffrey B. Guldner, the current CEO of Pinnacle West Capital Corporation and Arizona Public Service Company, will retire from his roles effective April 1, 2025. He will be succeeded by Theodore N. Geisler, who is currently the President of APS. Guldner will remain with the company as a non-executive advisor until March 31, 2026, to ensure a smooth transition " " .

H. Eric Bolton, Jr., the CEO of Mid-America Apartment Communities, Inc. (MAA), will retire from his position effective March 31, 2025. He will transition to the role of Executive Chairman to support the company during the leadership change. A. Bradley Hill, currently the President and Chief Investment Officer, will take over as CEO starting April 1, 2025 " " " .

Raymond James Financial, Inc. announced that Paul C. Reilly will step down as CEO, effective February 20, 2025, transitioning to an Executive Chair role. Paul M. Shoukry, currently President, will assume the CEO position following Reilly's transition " " .

Lori J. Ryerkerk, the current CEO of Celanese Corporation, will step down from her role effective immediately prior to January 1, 2025. Scott A. Richardson has been appointed as the new CEO and President, effective January 1, 2025. Edward G. Galante will become the Chair of the Board " " .

Richard E. Muncrief, the current President and CEO of Devon Energy Corporation, has announced his retirement effective March 1, 2025. Clay M. Gaspar, currently the Executive Vice President and Chief Operating Officer, will succeed him as President and CEO on the same date " .

Frank Bisignano, the Chairman, President, and CEO of Fiserv, Inc., has been nominated by President-elect Donald J. Trump to serve as the Commissioner of the Social Security Administration. However, he will continue in his current roles at Fiserv until his appointment is confirmed by the U.S. Senate. The Fiserv Board of Directors has a succession plan in place to select a new CEO once the confirmation occurs " " .

Prudential Financial, Inc. announced that Andrew F. Sullivan will become the new President and CEO, effective March 31, 2025. He will succeed Charles F. Lowrey, who will remain with the company as Executive Chairman " " .

Mark A. Clouse, the current President and CEO of Campbell's Company, has announced his retirement effective January 31, 2025. He will be succeeded by Mick J. Beekhuizen, who will assume the roles of President and CEO on February 1, 2025 " " " .

Patrick Gelsinger, the CEO of Intel Corporation, resigned from his position and the Board of Directors on December 1, 2024. In his place, Michelle Johnston Holthaus and David Zinsner have been appointed as interim Co-Chief Executive Officers while the company searches for a permanent successor. Gelsinger's resignation was accompanied by a Retirement and Separation Agreement, which includes a severance package " " .

Brendan Foley, the current President and Chief Executive Officer of McCormick & Company, will succeed Lawrence E. Kurzius as Chairman of the Board, effective January 1, 2025. Mr. Kurzius, who has been serving as Executive Chairman, will retire from his role as Chairman on December 31, 2024, but will remain on the Board as a non-executive director until the 2025 Annual Meeting of Stockholders " " .

The CEO of Marathon Oil Corporation has not left the company. However, as of November 22, 2024, Marathon Oil Corporation has become a wholly-owned subsidiary of ConocoPhillips following a merger. This change in control was part of a previously announced merger agreement where ConocoPhillips acquired Marathon Oil Corporation " .

Ganesh Moorthy has retired as the CEO and President of Microchip Technology Incorporated as of November 18, 2024. Steve Sanghi, the former CEO and President, has been appointed as the interim CEO and President " .

Heidi G. Petz, who has been serving as the President and CEO of Sherwin-Williams since January 1, 2024, will also assume the role of Chair of the Board effective January 1, 2025. This change follows the retirement of John G. Morikis from his position as Executive Chairman, effective December 31, 2024. However, Heidi Petz will continue in her role as CEO, so there is no change in the CEO position at this time " " .

Sherwin-Williams CEO Heidi Petz will also assume the role of Chair of the Board effective January 1, 2025. This change follows the retirement of John G. Morikis from his position as Executive Chairman on December 31, 2024. Petz has been serving as President and CEO since January 1, 2024 " " .

Daniel J. Houston, the current CEO of Principal Financial Group, will retire from his position effective January 7, 2025. He will continue to serve as Executive Chairman after stepping down as CEO. Deanna Strable has been appointed as the new CEO, effective the same date " " .

Scott Boatwright has been appointed as the new CEO of Chipotle Mexican Grill, effective immediately as of November 11, 2024. He previously served as the Interim CEO since August 2024 and has been with Chipotle since 2017, holding roles such as Chief Operating Officer and Chief Restaurant Officer " " .

Frederic B. Lissalde, the President and CEO of BorgWarner Inc., will retire effective at the close of business on February 6, 2025. Joseph F. Fadool, currently the Executive Vice President and Chief Operating Officer, has been appointed to succeed him as President and CEO " .

Rick McVey, the Founder and Executive Chairman of MarketAxess, announced his retirement effective December 31, 2024. Carlos Hernandez will succeed him as Chairman of the Board of Directors starting January 1, 2025. McVey will continue as Chairman of the Board of Directors of MarketAxess Limited, the company's international holding company " " " .

Fabrizio Freda, the current President and CEO of The Estée Lauder Companies Inc., will be stepping down from his role and resigning from the company's board at the end of December 31, 2024. Stéphane de La Faverie has been appointed to succeed him as President and CEO, effective January 1, 2025 " .

Micron Technology, Inc. announced on October 30, 2024, that Sanjay Mehrotra, the current CEO, has been elected as the new Chair of the Board of Directors, effective upon the retirement of the current Chair, Robert Switz, at the annual shareholders meeting on January 16, 2025 " " .

Barbara Rentler, the current CEO of Ross Stores, Inc., will step down from her role effective February 1, 2025. James G. Conroy has been appointed as the next CEO, effective February 2, 2025. Conroy will join the company as CEO-Elect on December 2, 2024, and will report to the Executive Chairman until he assumes the CEO position " " .

Morgan Stanley announced that James Gorman will step down as Chairman and leave the Board at the end of 2024. He will also retire from employment at Morgan Stanley and be named Chairman Emeritus at that time " .

Gary C. Kelly, the Executive Chairman of the Board at Southwest Airlines (LUV), has announced his retirement from the Board and his position as Executive Chairman, effective 11:59 p.m. Central Time on November 1, 2024. Following his departure, he will assume the title of Chairman Emeritus " " .

Gary W. Rollins, the current Executive Chairman of the Board, will transition to Executive Chairman Emeritus effective January 1, 2025. He will be succeeded by John F. Wilson, the current Vice Chairman, as Executive Chairman of the Board " " .

On October 17, 2024, Karen S. Lynch stepped down as President and CEO of CVS Health Corporation and resigned from the Board. J. David Joyner was appointed as the new President and CEO, effective the same day " " " .

Sergey Yeskov, the President and Chief Executive Officer of Molson Coors Beverage Company's EMEA&APAC business, has resigned from the company for personal reasons. His resignation was effective as of October 17, 2024. Mr. Yeskov will be on 'garden leave' until December 31, 2024, after which his employment will officially terminate. He will receive a severance payment and other benefits as part of a mutual termination agreement " .

Martina L. Cheung is set to become the President and CEO of S&P Global on November 1, 2024 " .