Caterpillar appoints Kyle Epley as CFO effective May 1, 2026; Bonfield to retire

CATERPILLAR INC

Kyle Epley, 53, Caterpillar veteran since 1996, appointed CFO effective May 1, 2026, succeeding Andrew Bonfield (retires Oct 1).
Bonfield served as CFO for 8 years, named 2025 CFO of the Year; oversaw record revenues including Q4 2025 $19.1B.
Epley currently SVP of Global Finance Services; previously corporate controller and division CFO.
Compensation: salary $930,500, target AIP 115% of salary, LTI grant $1.8M (50% PSUs, 25% options, 25% RSUs).
Bonfield to serve in advisory role through Oct 1, 2026 for transition.

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