Caterpillar Changes Officers Responsibilities

February 22, 2016

 

 

Caterpillar is changing the roles of three of its officers, effective March 1, 2016.

Doug Hoerr, currently vice president with responsibility for the Wear, Components & Aftermarket Division, will become vice president with responsibility for the Material Handling & Underground Division. He replaces Denise Johnson, who was recently named group president with responsibility for Resource Industries.

Greg Folley, vice president with responsibility for the Sustainable Solutions Division, 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.

“Our strong, capable leadership team will absorb these responsibilities and continue our commitment to customers. In this business environment, we are streamlining at all levels, including senior management,” said Doug Oberhelman, Caterpillar chairman and CEO.

x
expand_less