Coins2Day 500 Power Moves: Executives' gains and losses in influence this week

Benjamin E. Meisenzahl  will become the next CFO of Sherwin-Williams (No. 191 on the Coins2Day 500), effective Jan. 1.
Benjamin E. Meisenzahl is set to assume the role of Sherwin-Williams' (No. 191 on the Coins2Day 500) new CFO, starting January 1st.
Courtesy of Sherman-Williams

This is Coins2Day 500 Power Moves, a regular feature that monitors changes in leadership positions—including new hires, advancements, departures, and exits—among the top executives at Coins2Day 500 organizations. 

TL;DR

  • Benjamin E. Meisenzahl appointed Sherwin-Williams' new CFO starting January 1st.
  • John Greene named Northrop Grumman's Corporate VP and CFO, effective January 7th.
  • Kirk L. Perry is Kenvue's permanent CEO; David McCreight is CarMax's interim President and CEO.
  • Charles W. Ergen becomes EchoStar's new CEO, replacing Hamid Akhavan.

Here's a summary of executive changes at the top-earning U.S. Corporations from November 1st to 7th, categorized by industry. The positions covered are CEOs and CFOs. We also note COOs, CTOs, CIOs, CHROs, Chief People Officers, CMOs, and Chief Customer Officers when significant leadership shifts occur within the Coins2Day 500 for these specific positions.

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Aerospace and defense

Chemicals

  • Sherwin-Williams (No. 191) appointed Benjamin E. Meisenzahl as CFO, effective Jan. 1. Meisenzahl has been with the company for more than two decades and currently serves as SVP–Finance. He will succeed Allen J. Mistysyn, who will take a short-term advisory role before retiring after 35 years with Sherwin-Williams. 

Household products 

  • Kenvue (No. 281) has named Kirk L. Perry as the permanent CEO of the company, effective immediately following the Nov. 2 announcement. Perry had been serving as the company's interim CEO since July, after the dismissal of previous CEO Thibaut Mongon. Before coming to Kenvue, Perry held the position of CEO at Circana.
    Read more Kenvue news from this week: Tylenol to join Kleenex, Huggies and Listerine in $48.7 billion takeover deal between Kimberly-Clark and Kenvue
  • Mohawk Industries (No. 391) has revealed that CFO James F. Brunk plans to retire on April 1. Nicholas P. Manthey, presently the company's VP of Corporate Finance and Investor Relations, is set to take over Brunk's position. Brunk, a long-time employee of Mohawk Industries since 2006, will move into a senior advisory capacity to facilitate the handover.

Retailing

  • CarMax (No. 151) has named David McCreight as its interim President and CEO, starting December 1st. McCreight, a current member of the company’s board, will take over from Bill Nash, whose employment with Carmax has been ended. McCreight's prior roles include CEO of Lulus, President of Urban Outfitters, and CEO of Anthropologie.

Telecommunications

  • EchoStar (No. 273) named Charles W. Ergen as its new CEO, with the appointment taking effect on November 6. Ergen previously held the CEO position from 2007 to 2009 and currently chairs the company's board. He replaces Hamid Akhavan, who has moved to lead EchoStar Capital, a newly established division within the company.

Source: S&P Global Market Intelligence