The decisions made by chief executives have profound effects on the economy, the job market, and the products and services people rely on daily.
And it underscores why CEO appointments should not be taken lightly.
This week, my colleagues and I published Fortune Next To Lead: The 25 Most Powerful Rising Executives in the Fortune 500.
The list recognizes leaders who have demonstrated extraordinary potential to shape the future of business and emerge as the next generation of Fortune 500 CEOs. Fortune evaluated candidates through in-depth reporting and insights from executive search firms, recruiters, management consulting firms, current and former CEOs, and board members, particularly those on an executive committee.
To qualify, candidates needed to be employed at a Fortune 500 company, reflecting a strong preference for internal promotions.
Those on the debut MPRE list have technical expertise and massive profit-and-loss responsibilities, have spearheaded significant deals, and have global experience.
Most importantly, they lead divisions at companies and in industries undergoing significant transformation.
Explore the full list here.