15 New Companies Join The Fortune 500 List
Although there are no surprises when it comes to the top contenders, the Fortune 500 list welcomed 15 new members to its ranks, including some companies you’ve definitely heard of, such as PayPal and Citizens Bank, and others you probably hadn’t, like Veritiv and Baxalta. Many of these companies were able to join the list thanks to an epic year of mergers, acquisitions, and business breakups. Here is a breakdown of the most profitable five new Fortune 500 members: The remaining Fortune 500 newcomers include medical manufacturer Zimmer Biomet Holdings, nursing and assisted living provider Genesis Healthcare, emergency healthcare provider Envision Healthcare Holdings, insurance broker Arthur J. Gallagher, and specialty insurer Markel, as well as Raymond James Financial, ABM Industries, Citizens Financial Group, Lam Research, and Burlington Stores.