As the business landscape evolves at a record pace, the role of the Chief Executive Officer (CEO) remains central to steering vision, culture, and long-term growth. Today’s CEOs are not only tasked with driving profitability but also with leading organizations through disruption, innovation, and global competition. This month, we spotlight 15 CEOs on the move in August 2025.
Target Names Michael Fiddelke as New CEO
Target said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street’s favor. Fiddelke is currently the chief operating officer and former chief financial officer for the brand.
Harley-Davidson Names Arthur Starrs as New CEO
Harley-Davidson said Topgolf’s Arthur Starrs would succeed Jochen Zeitz as CEO, to help steer the storied motorcycle maker through U.S. tariffs and slowing demand for its cruiser bikes.
Honeywell Names Peter Lau as New CEO
Honeywell International announced the appointment of Peter Lau as the new President and CEO of its Industrial Automation segment. A former President of Honeywell’s Security, Fire and Electrical Products businesses, Lau is returning. Lau most recently served as President and CEO of FARO Technologies and as a member of the company’s Board of Directors, guiding a strategic transformation that ultimately led to its successful acquisition.
Rio Tinto Names Simon Trott as New CEO
Rio Tinto has named Simon Trott as its next chief executive, opting for his experience in running the mining giant’s most profitable operations as the company seeks to strengthen its growing business. Simon, currently Iron Ore Chief Executive, has a track record of exceptional delivery over 25 years in roles across a wide range of commodities and geographies, with a strong focus on values-based performance culture and strengthening partnerships with stakeholders.
Save A Lot Names Bill Mayo as New CEO
There is a new leader at the helm of Save A Lot. The discount grocer announced that COO Bill Mayo is stepping into the CEO position. This is the second promotion in a year for Mayo, who joined the company in 2024 as chief development officer and was promoted to COO a few months later. He joined Save A Lot from Wakefern, where he spent 29 years in various roles, ending with a six-year tenure as chief administrative officer.
Antro Names Michael Kennedy as New CEO
Antero Resources and Antero Midstream announced a major leadership transition as co-founder Paul Rady stepped down from his roles as CEO, president and chairman of both companies to become chairman emeritus. Michael Kennedy, formerly CFO of Antero Resources, has been appointed CEO. Kennedy joined Antero in 2013 and has held financial leadership roles at both Antero Resources and Antero Midstream. He previously worked as CFO at Forest Oil Corp. and began his career as an auditor at Arthur Andersen.
NMI Names Steven Pinado as New CEO
Embedded payments player, NMI, has appointed former Billtrust President Steven Pinado as its next CEO. Pinado most recently has been a partner at New York venture capital firm Radian Capital, where he worked with the firm’s software company investments.
Embark Names Felice Gorordo as New CEO
Veteran business leader, Felice Gorordo, has been named chief executive officer of Embark, a management and financial consulting firm with nearly 600 employees across 18 U.S. offices. Gorordo brings more than two decades of leadership experience across management, governance, and venture-backed startups. He has served as CEO of three tech companies, an executive director at the World Bank Group, and a venture investor with global mandates in healthcare and infrastructure.
The Home Furnishings Association Names Peter Theran as New CEO
The Home Furnishings Association (HFA) has announced that Peter Theran will be its next Chief Executive Officer. As he transitions from his role as President of Top 100 furniture retailer Boston Interiors, Peter Theran brings more than two decades of executive leadership across respected names in retail, electronics, and wellness.
Craftable Names David Cantu as New CEO
Craftable, a leading hospitality technology platform, is proud to announce the appointment of David Cantu as its new Chief Executive Officer. Cantu brings over 20 years of experience in hospitality and technology. Most recently, he served as CEO of Black Box Intelligence and co-founded HotSchedules, where he served as Chief Customer Officer.
Bailey Nurseries Names Jorge Becerra as New CEO
Bailey Nurseries announced the appointment of Jorge Becerra as chief executive officer. This milestone is the result of an intentional and collaborative process by the Bailey family, executive team and advisers to identify a leader with the experience, values and expertise to guide Bailey forward. Becerra grew up in Ecuador, where his father expanded the family business beyond cattle ranching to include one of the country’s first commercial shrimp farms. He later earned undergraduate and graduate degrees in aquaculture from Texas A&M University, combining his agricultural roots with advanced expertise.
Tutta Bella Names Cate Hardy as New CEO
Seattle-based Neapolitan pizza chain Tutta Bella announced that founder Joe Fugere will move from CEO to the company’s board, naming Cate Hardy as his replacement. Hardy comes to Tutta Bella, which has 10 pizzerias and a packaged goods brand found in grocery stores — from Seattle Hospitality Group, where she’s been president and chief operating officer
Novo Nordisk Names Maziar Mike Doustdar as New CEO
Novo Nordisk has appointed Maziar Mike Doustdar, currently Novo Nordisk’s Executive Vice President of International Operations, as President and Chief Executive Officer. Doustdar became Senior Vice President of International Operations in 2013 and later Exeutive Vice President of International Operations in 2015.
Walgreens Names Mike Motz as New CEO
Walgreens named retail veteran Mike Motz as its chief executive officer after the U.S. pharmacy chain was taken private by Sycamore Partners, marking a fresh chapter for the company that has been struggling to keep pace with rivals. Motz, previously the CEO of office supplies chain Staples’ U.S. retail business, will succeed Tim Wentworth and steer the ailing pharmacy operator as it shifts its focus back on core retail and pharmacy operations.
Airlines for America Names Chris Sununu as New CEO
Airlines for America (A4A) announced that former New Hampshire Governor Chris Sununu will become the association’s President and CEO. Sununu was the 82nd Governor of the State of New Hampshire, serving four terms from 2017 to 2025. As Governor, Sununu cut and phased out the Interest & Dividends Tax for retirees, provided tax relief to employers and small businesses, reduced property taxes by $100 million, delivered voluntary paid family medical leave, and provided more money per pupil for public education than ever before.
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