A Caterpillar vice president is to step down while another has been appointed and extra responsibilities for other members of the senior team have been announced.
Long-standing employee Doug Hoerr (above left), vice president of the material handling and underground division (MH&U), is to retire from the company, while Frederic Istas (above right) is to become the company’s new vice president of the earth moving division.
Hoerr joined the company in 1993 from accounting firm McGladrey, and has held numerous positions of increasing responsibility within Cat. In 2012 Hoerr was named group chief financial officer for customer and dealer support, before being appointed to his current position in January 2015. After 24 years of service, his retirement will be effective from August 1.
Currently aftermarket solutions global manager for Cat’s global aftermarket solutions division, Istas will take up his new role the same day Hoerr steps down. Istas has been at Cat since 1996, during which period he has been in both Europe and the USA.
Cat CEO Jim Umpleby said, “Building on his more than 20 years with Caterpillar, Frederic brings strong product management leadership experience from previous roles in the USA and Europe, as well as product support and marketing experience to this role.”
Caterpillar is also announcing changes in responsibilities for current Caterpillar vice presidents Tom Bluth (above, second right), Jean Savage (above, second left) and Karl Weiss (above, center).
Bluth, who was first named a vice president in 2007 and is currently vice president of the surface mining and technology division (SM&T), will become Caterpillar’s chief technology officer and the vice president of the innovation and technology development division (ITDD).
Savage, who was first named a Caterpillar vice president in 2014 and is currently Caterpillar’s CTO and the vice president of ITDD, will become the vice president of SM&T.
In 2013, Weiss was named a Caterpillar vice president for the earthmoving division, the position he still holds today. Weiss will become the vice president of MH&U, replacing Hoerr.
June 30, 2017