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World desk2 min

Fortune 500 Power Moves: Which Executives Gained and Lost Power This Week

Four Fortune 500 C-suite moves announced Sept. 26–Oct. 2 include two CEO successions planned for 2027 and two CFO transitions.
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Fortune’s Oct. 2, 2026, roundup reports four C-suite changes announced between Sept. 26 and Oct. 2: planned CEO successions at Hartford Insurance Group and General Mills, Northern Trust CFO Dave Fox’s planned retirement, and Cody Perdue’s interim CFO appointment at Albertsons. The future CEO transitions take effect in 2027; none should be read as already completed.

What this week’s roundup covers

Fortune’s weekly “Power Moves” column tracks appointments, promotions, resignations, and retirements among senior leaders at Fortune 500 companies. This edition covers announcements made Sept. 26–Oct. 2, 2026; it is a snapshot of that week, not a year-to-date turnover count. Fortune credits S&P Global Market Intelligence. The account reports announced plans and appointments; it does not, by itself, establish confirmation from company filings or announcements. Read Fortune’s Oct. 2 roundup.

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CEO successions planned for 2027

Hartford Insurance Group: A. Morris “Mo” Tooker to succeed Christopher Swift

Hartford President A. Morris “Mo” Tooker was appointed CEO, with the change scheduled to take effect March 1, 2027. Tooker joined the company in 2015. Current CEO Christopher Swift, who has held that role for more than 12 years and previously served four years as CFO, is expected to become Executive Chair. This is a planned succession, not a completed transfer of the CEO role. Hartford is No. 160 in the Fortune 500.

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General Mills: Dana McNabb to succeed Jeffrey L. Harmening

Dana McNabb was appointed CEO of General Mills effective Jan. 1, 2027. She joined the company in 1999 and has served as COO since June 2026. She will succeed Jeffrey L. Harmening, who is retiring. The CEO change is scheduled for 2027, rather than already in effect. General Mills is No. 227 in the Fortune 500.

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CFO departures and interim coverage

Northern Trust: Dave Fox plans to retire

CFO Dave W. Fox, Jr. announced his retirement, effective on or around March 31, 2027, according to Fortune. The timing is approximate in the roundup. Fox has been with Northern Trust since 2012, and the company will begin a search for his successor. Northern Trust is No. 317 in the Fortune 500.

Albertsons: Cody Perdue named interim CFO

Cody Perdue was appointed interim CFO while retaining his existing responsibilities as SVP of Treasury, Investor Relations and Risk Management. He succeeds Sharon McCollam, who is retiring and is expected to remain an advisor through Feb. 27, 2027. Fortune does not give an exact effective date for Perdue’s interim appointment. Albertsons is No. 57 in the Fortune 500.

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How to read the transitions

Company Change reported Timing Outgoing leader’s next status
Hartford Insurance Group (No. 160) President A. Morris “Mo” Tooker appointed CEO Effective March 1, 2027 Christopher Swift is expected to become Executive Chair
General Mills (No. 227) Dana McNabb appointed CEO Effective Jan. 1, 2027 Jeffrey L. Harmening is retiring
Northern Trust (No. 317) CFO Dave W. Fox, Jr. announced retirement On or around March 31, 2027 Successor search to begin
Albertsons (No. 57) Cody Perdue appointed interim CFO alongside existing duties Exact effective date not stated by Fortune Sharon McCollam is retiring and is to advise through Feb. 27, 2027

The two CEO items are internal successions with future effective dates. The CFO items are different kinds of transitions: Northern Trust has a planned retirement and successor search, while Albertsons has interim coverage. Swift’s move to Executive Chair and McCollam’s advisory period are distinct from an immediate departure from their companies.

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Quick Recap

SaleBestseller No. 1
SaleBestseller No. 4
The Coaching Habit: Say Less, Ask More, and Change the Way You Lead Forever
The Coaching Habit: Say Less, Ask More, and Change the Way You Lead Forever
Author: Bungay Stanier, Michael.; Publisher: Page Two; Pages: 244; Publication Date: 2016-02-29
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The Coaching Habit: Say Less, Ask More, and Change the Way You Lead Forever
  • Author: Bungay Stanier, Michael.
  • Publisher: Page Two
  • Pages: 244
  • Publication Date: 2016-02-29
  • Edition: 1

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