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Fortune 500 Power Moves: Which executives gained and lost power, June 7-13, 2025

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See which Fortune 500 companies are making changes to their C-suite ranks.
The article from Fortune, dated June 7-13, 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. ConocoPhillips received approval for the Willow oil project in Alaska, a significant development for the energy sector. In the tech industry, Intel's CEO Pat Gelsinger outlined a plan to regain market share by investing heavily in manufacturing and innovation. Additionally, there were notable executive changes, such as Best Buy appointing a new CEO, Corie Barry, to navigate the evolving retail landscape. These moves reflect broader trends of investment in sustainable technologies, strategic resource acquisition, and leadership transitions in response to market dynamics.

Read the Full Fortune Article at:
[ https://fortune.com/article/fortune-500-power-moves-june-7-13/ ]