Caterpillar Inc. Announces Chief Financial Officer Transition

Caterpillar Inc. has announced a change in its Chief Financial Officer role. Kyle Epley has been appointed as the new CFO, effective May 1, 2026, succeeding Andrew R.J. Bonfield. Bonfield will continue with the company in an advisory capacity until his retirement on October 1, 2026. Epley, who has been with Caterpillar since 1996, has held various senior finance positions, most recently as Senior Vice President of Global Finance Services. His compensation package has been adjusted to reflect his new role, including an increased salary, a higher target award under the Annual Incentive Plan, and a long-term incentive grant. The company highlighted Bonfield's significant contributions during his tenure, including record financial performance and shareholder returns, and expressed confidence in Epley's ability to lead the finance organization forward.