Fortune 500 Power Moves: Which executives gained and lost power this week, Aug. 22-28, 2026

TL;DR

John J. Morris Jr. appointed CEO of Waste Management (No. 179), succeeding James C. Fish Jr.
Benjamin J. Branstetter named CFO of Targa Resources (No. 262), replacing retiring CFO William A. Byers.
Ash Bhumbla joins Hormel Foods (No. 363) as EVP and CFO, coming from Tyson Foods (No. 87).
Kohl's (No. 289) creates a Chief Customer Officer role for Arianne Parisi and announces the departure of CMO Christie Raymond.
Manish Bhatia is appointed President and COO of Micron Technology (No. 125), the company's first COO since 2012.

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