Caterpillar Announces More Executive Changes
18 February 2016
Following the recent announcement by Caterpillar Inc. of Denise Johnson being named group president with responsibility for Resource Industries, the other dominos behind that move have now been announced.
• Doug Hoerr, currently vice president with responsibility for the Wear, Components & Aftermarket Division (WC&AD), will become vice president with responsibility for the Material Handling & Underground Division (MH&U). He replaces Johnson.
• Greg Folley, vice president with responsibility for the Sustainable Solutions Division (SSD), will also assume responsibility for Hoerr's current division.
• The remanufacturing business, currently overseen by Folley, will transfer to Tana Utley, vice president with responsibility for the Large Power Systems Division (LPSD).
Speaking specifically to Utley adding the remanufacturing business to her portfolio, Caterpillar Chairman & CEO Doug Oberhelman said, “Tana's deep expertise and decades of leadership make her an ideal fit for the Reman business, and it is also a natural extension of her engine responsibilities since much of the remanufacturing business is related to power systems."
The changes are effective March 1, 2016.
For bios of each of the officers, visit http://www.caterpillar.com.