Boards Hand Off CEO Seats
Stryker Hands Stiles the CEO Job
Stryker (SYK) named Spencer S. Stiles chief executive effective Jan. 1, 2027, and Kevin A. Lobo will move upstairs to executive chair. Stiles, 49, has served as president and chief operating officer since January. He previously ran the company’s orthopaedics business from 2019.
Lobo has run Stryker since 2012 and has chaired the board since 2014. The stock has lost about a quarter of its value in a year. Stryker shares are about a third below their July 2025 high.
Stiles gets a $14 million equity award on the way in. Lobo also sits on the Parker-Hannifin and GE HealthCare boards, and shareholders gave him 95% support in May.
General Dynamics Promotes Deep to CEO
General Dynamics (GD) named Danny Deep chief executive effective Jan. 1, 2027, and Phebe N. Novakovic will become executive chairman. Deep, 56, has been president since December and previously ran global operations at the defense contractor. He already sits on the board, so the company disclosed no new director appointment.
Novakovic has led General Dynamics since 2013. General Dynamics shares are down 3% in a year. The stock has still compounded about 12% a year over five years.
Novakovic, 68, also sits on JPMorgan Chase’s board. Shareholders gave her 98% support at the May director vote.
Corteva Resets Leadership After Vylor Split
Corteva (CTVA) completed its seed-segment split forming Vylor on Oct. 1, and the board and C-suite changed with it. The company confirmed previously disclosed appointments of Luke Kissam as CEO, Jeff Rudolph as CFO, Brook Cunningham as chief commercial officer and Ralph Ford as chief integrated operations officer.
Charles V. Magro, the chief executive since 2021, resigned as a director and officer in connection with the separation. David P. Johnson, the CFO, also left, and four directors resigned from Corteva’s board.
Kissam, 61, previously ran Albemarle and chaired its board. Rudolph, 43, has spent 14 years at Corteva, most recently as chief strategy officer. Corteva shares, adjusted for the Vylor distribution, have gained about 42% in a year.
Also This Week
- Chevron (CVX) named Jeff B. Gustavson CFO for January, with Eimear P. Bonner moving from finance chief to president of Oil, Products & Gas.
- Boston Scientific (BSX) promoted Joseph M. Fitzgerald to COO for January, and his new terms include a $7 million equity award.
- Insmed (INSM) said CFO Sara Bonstein will separate on Oct. 30, and the biotech has not named a successor.
- Curtiss-Wright (CW) named Gary A. Ogilby interim CFO after K. Christopher Farkas stepped down; Farkas stays through year-end.
- RB Global (RBA) promoted Steve Steinberg to CFO, and COO Steve Lewis is expected to depart on Oct. 9.
- Pinterest (PINS) hired James Dibbo as CFO for October with a $20 million equity award, more than Stryker gave its new CEO.
- Henry Schein (HSIC) hired former ITT finance chief Emmanuel Caprais as CFO for November, replacing Ronald N. South.
- NeoGenomics (NEO) promoted Warren Stone to CEO for January and gave Stone an $8 million equity award.
- FuelCell Energy (FCEL) named Matthew Latino CFO and moved longtime finance chief Michael Bishop into a six-month adviser role.
- John B. Sanfilippo & Son (JBSS) moved Jeffrey Sanfilippo to executive chair and made Jasper Sanfilippo Jr. CEO on Oct. 1.
Executive Moves Filed This Week
CEO, CFO, COO, president and chair changes in SEC filings, Oct. 2–9, at U.S. companies over $500 million: 44 moves at 23 companies. Smaller companies, director and other officer moves are on the Boardroom Alpha platform.
| Company | Mkt cap | Who | Seat | In/Out | Effective | Filing |
|---|---|---|---|---|---|---|
| Chevron(CVX) | $418.0B | Eimear P. Bonner | President, Oil, Products & Gas | In | Jan. 1, 2027 | 8-K |
| Jeff B. Gustavson | CFO | In | Jan. 1, 2027 | 8-K | ||
| Amphenol(APH) | $210.4B | Ryan Fisher | President | In | Jan. 1, 2027 | 8-K |
| Stryker(SYK) | $106.2B | Kevin A. Lobo | Executive Chair | In | Jan. 1, 2027 | 8-K |
| Spencer S. Stiles | CEO | In | Jan. 1, 2027 | 8-K | ||
| General Dynamics(GD) | $89.3B | Danny Deep | CEO | In | Jan. 1, 2027 | 8-K |
| Phebe N. Novakovic | Executive Chairman | In | Jan. 1, 2027 | 8-K | ||
| Boston Scientific(BSX) | $60.9B | Joseph M. Fitzgerald | COO | In | Jan. 1, 2027 | 8-K |
| Mark Bickel | CFO | In | Mar. 1, 2027 | 8-K | ||
| Teledyne Technologies(TDY) | $28.0B | Jason VanWees | Vice Chairman | Out | Feb. 1, 2027 | 8-K |
| Insmed(INSM) | $21.9B | Sara Bonstein | CFO | Out | Oct. 30, 2026 | 8-K |
| Curtiss-Wright(CW) | $18.7B | K. Christopher Farkas | CFO | Out | Oct. 5, 2026 | 8-K |
| Gary A. Ogilby | CFO | In | Oct. 6, 2026 | 8-K | ||
| RB Global(RBA) | $15.6B | Steve Steinberg | CFO | In | Oct. 7, 2026 | 8-K |
| Jake Lawson | President, HE&T North America | In | Oct. 8, 2026 | 8-K | ||
| Sam Wyant | President | In | Oct. 8, 2026 | 8-K | ||
| Eric Guerin | CFO | Out | Oct. 6, 2026 | 8-K | ||
| Steve Lewis | COO | Out | Oct. 9, 2026 | 8-K | ||
| Pinterest(PINS) | $11.6B | James Dibbo | CFO | In | Oct. 26, 2026 | 8-K |
| Julia Brau Donnelly | CFO | Out | Oct. 26, 2026 | 8-K | ||
| OGE Energy(OGE) | $9.5B | John Laws | COO | In | Jan. 4, 2027 | 8-K |
| Henry Schein(HSIC) | $9.4B | Emmanuel Caprais | CFO | In | Nov. 4, 2026 | 8-K |
| Corteva(CTVA) | $9.2B | Charles V. Magro | CEO | Out | Oct. 1, 2026 | 8-K |
| Luther (“Luke”) Kissam | CEO | In | Oct. 1, 2026 | 8-K | ||
| David P. Johnson | CFO | Out | Oct. 1, 2026 | 8-K | ||
| Jeff Rudolph | CFO | In | Oct. 1, 2026 | 8-K | ||
| AGCO(AGCO) | $7.6B | Damon Audia | President | In | Oct. 5, 2026 | 8-K |
| Box(BOX) | $5.0B | Eli Berkovitch | CFO | Out | Oct. 23, 2026 | 8-K |
| Penguin Solutions(PENG) | $3.7B | Stephen Cumming | CFO | In | Oct. 6, 2026 | 8-K |
| Chronoscale(CHRN) | $2.8B | Scott Davis | CEO | Out | Oct. 3, 2026 | 8-K |
| Jason C. Jones | COO | Out | Sep. 30, 2026 | 8-K | ||
| NeoGenomics(NEO) | $2.1B | Warren Stone | CEO | In | Jan. 4, 2027 | 8-K |
| Tony Zook | Executive Chairman | In | Jan. 4, 2027 | 8-K | ||
| Lynn Tetrault | Chair of the Board | Out | Jan. 4, 2027 | 8-K | ||
| FuelCell Energy(FCEL) | $1.4B | Matthew Latino | CFO | In | Oct. 7, 2026 | 8-K |
| Walker & Dunlop(WD) | $1.2B | Stephen P. Theobald | Executive Vice President and COO | Out | Mar. 31, 2027 | 8-K |
| John B. Sanfilippo & Son(JBSS) | $799.7M | Jeffrey T. Sanfilippo | Executive Chair of the Board | In | Oct. 1, 2026 | 8-K |
| Jasper B. Sanfilippo, Jr. | CEO | In | Oct. 1, 2026 | 8-K | ||
| Frank Pellegrino | President and CFO | In | Oct. 1, 2026 | 8-K | ||
| MFA Financial(MFA) | $725.8M | Craig Knutson | CEO | Out | Jun. 30, 2027 | 8-K |
| Bryan Wulfsohn | CEO | In | Jul. 1, 2027 | 8-K | ||
| Michael C. Roper | CFO | In | Oct. 2, 2026 | 8-K | ||
| United States Antimony(UAMY) | $556.8M | Shawn P. Winkler | CFO | In | Sep. 30, 2026 | 8-K |
| Richard R. Isaak | CFO | Out | Sep. 30, 2026 | 8-K |
Market Context
| Role | This Week | MTD | Last 12 Mo. | Prior 12 Mo. | YoY |
|---|---|---|---|---|---|
| CEO transitions | 3 | 17 | 477 | 486 | -1.9% |
| CFO transitions | 11 | 27 | 721 | 733 | -1.6% |
| Director adds | 23 | 78 | 2,710 | 2,771 | -2.2% |
| Director exits | 38 | 47 | 2,889 | 2,917 | -1.0% |
| Sector | # Co. | CEO · 30D | CEO · 1Y | CFO · 30D | CFO · 1Y |
|---|---|---|---|---|---|
| Consumer Defensive | 153 | 5.9% | 28.1% | 3.9% | 26.1% |
| Basic Materials | 173 | 2.9% | 19.7% | 3.5% | 21.4% |
| Energy | 130 | 0.8% | 19.2% | 3.8% | 25.4% |
| Communication Services | 131 | 2.3% | 16.0% | 5.3% | 22.9% |
| Consumer Cyclical | 348 | 2.9% | 15.5% | 2.3% | 23.0% |
| Industrials | 422 | 2.6% | 15.2% | 3.6% | 23.5% |
| Healthcare | 771 | 1.6% | 14.3% | 3.0% | 20.5% |
| Technology | 481 | 1.5% | 13.5% | 1.5% | 20.4% |
| Financial Services | 575 | 2.1% | 11.5% | 2.1% | 15.3% |
| Real Estate | 220 | 2.7% | 8.6% | 2.3% | 13.6% |