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Fortune 500 Power Moves: Which executives gained and lost power this week (May 3-9, 2025)


🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
See which Fortune 500 companies are making changes to their C-suite ranks.
The article from Fortune, dated May 3-9, discusses various strategic moves and leadership changes among Fortune 500 companies. Key highlights include General Motors' CEO Mary Barra announcing a $650 million investment in Lithium Americas to secure lithium for electric vehicle batteries, signaling a strong push towards electrification. Additionally, there are significant leadership transitions, such as Best Buy appointing a new CEO, Corie Barry, to navigate the evolving retail landscape. The article also covers corporate restructuring efforts, like IBM's plan to spin off its managed infrastructure services unit into a new public company, aiming to focus more on cloud and AI technologies. These moves reflect broader industry trends towards sustainability, digital transformation, and adapting to changing market dynamics.
Read the Full Fortune Article at:
[ https://fortune.com/article/fortune-500-power-moves-may-3-9/ ]
Read the Full Fortune Article at:
[ https://fortune.com/article/fortune-500-power-moves-may-3-9/ ]
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