Fortune 500 Power Moves: Which executives gained and lost power this week (Sept. 26-Oct. 2, 2026)

Albertsons Companies has appointed Cody Perdue as interim CFO, replacing Sharon McCollam, who is retiring. Perdue, currently senior vice president of Treasury and Investor Relations, will serve until a permanent replacement is found. McCollam will advise through February 2027. Albertsons operates 2,240 stores across 35 states.

Brian Monahan, svp of Albertsons Media Collective, has left Albertsons. The retail media network will now report to Emily Turner, Albertsons CMO. Albertsons called Monahan's role in building the network key.

General Mills (GIS) launched cash tender offers for seven series of its senior notes, totaling up to $750M. The offers include specific terms, caps, and acceptance priority levels for each series, with a settlement date expected on October 14, 2026. BofA, Citigroup, and Morgan Stanley are dealer managers.

General Mills announced cash tender offers for up to $750 million of debt on October 5, 2026. The company's stock has seen a 5-day decrease of 1.70% and a year-to-date decline of 5.97%.

General Mills (GIS) announced a $750M tender offer for senior notes maturing between 2030-2051, capped at $250M for select notes. The company trades at a P/S ratio of 0.94, below historical and industry norms, reflecting market skepticism. Its GF Score is 56/100, indicating moderate financial health with strengths in profitability but weaknesses in growth and financial strength. Insider activity shows no buying and $1M in selling, while guru ownership is mixed.

General Mills initiated seven cash tender offers for up to $750M of its senior notes, covering issues maturing from 2030 to 2051. The offers, expiring Oct. 9, are capped at $250M for specific notes and are subject to conditions. Settlement is expected Oct. 14.