Caterpillar Inc.
Caterpillar Appoints New Chief Financial Officer
Summary
Caterpillar Inc. announced on April 8, 2026, the appointment of Kyle Epley as its new Chief Financial Officer, effective May 1, 2026. Epley, a Caterpillar veteran with nearly three decades of experience, will succeed Andrew R.J. Bonfield, who will retire on October 1, 2026, after serving as CFO for eight years. The transition is part of a planned succession, with Bonfield taking on an advisory role during the interim. Epley's new role includes an increased annual salary, a target award under the Annual Incentive Plan, and a long-term incentive grant.
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About Caterpillar Inc.
Caterpillar Inc. is a leading global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Renowned for its high-quality machinery and equipment, Caterpillar operates predominantly in the construction, mining, transportation, and energy sectors, providing essential machinery and solutions that drive significant projects worldwide. The company enhances productivity and efficiency through innovative technology and services, striving to advance sustainable practices and reduce environmental impact. Headquartered in Deerfield, Illinois, Caterpillar holds a pivotal role in the industrial segment by supporting large-scale infrastructure development and resource extraction projects across the globe, thereby considerably contributing to economic growth and modernization.
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