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Caterpillar announces changes

Staff writer |
Peoria, Il., USA - June 12, 2015, Peoria, Il., USA - Caterpillar Inc. announces officer changes including retirements and appointment of a new vice president.

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After 29 years of dedicated service to Caterpillar, Mary Bell, vice president with responsibility for the Building Construction Products (BCP) Division, has elected to retire.

Ms. Bell joined Caterpillar in 1981 as a parts and service field representative. From 1983 to 1988, she worked for Yancey Bros. Co., a Cat dealer, gaining direct dealer experience that proved invaluable throughout her career. She returned to Caterpillar in 1988 and progressed through various management positions in parts marketing, remanufacturing and service support.

Ms. Bell served as a machine business manager for Caterpillar’s Latin American Division from 1996 to 1999 and later became the general manager of the Cat Distribution Services Division. In 2004, she was named a Caterpillar vice president where she led the Logistics Division and served as chairman and president of Cat Logistics Services Inc., the company’s former third-party logistics business. In 2007, she moved to her current position as vice president of BCP.

Ms. Bell has a bachelor’s degree from the University of Iowa and is a graduate of the University of Michigan’s Executive Program and the Corporate Leadership Center/Northwestern University CEO Perspectives Program.

Mark Sweeney, vice president with responsibility for the Europe South America Operations Division, has elected to retire following more than two decades served at Caterpillar and its wholly owned subsidiary, FG Wilson (Engineering) Ltd.

Mr. Sweeney joined FG Wilson in 1994 as the manager of research and development following his time as an engineering manager with Mercury Marine based in the United States. After coming to FG Wilson, he held a number of research and engineering leadership positions with increasing responsibility and, in 2000, was named a FG Wilson vice president with responsibility for product development and FG Wilson marketing services.

He was appointed FG Wilson managing director in 2002. In 2006, Mr. Sweeney was promoted to global operations director for Caterpillar’s Electric Power Division. In October 2011, he was elected a Caterpillar vice president and into his current role based in Geneva, Switzerland.

Mr. Sweeney graduated from Queen's University, Belfast, with a 1st Class Honours Degree in mechanical engineering in 1981 and a Ph.D. in mechanical engineering in 1986. He also participated in the Darden Executive Development Program at the University of Virginia in 2004.

He was awarded an Order of the British Empire (OBE) in the 2007 Queen's Birthday Honours List for Services to Business and Commerce in Northern Ireland and an honorary D.SC. degree from The Queens University of Belfast in 2011.

Bill Finerty, vice president with responsibility for the Diversified Products Division (DPD), has elected to leave the company to pursue other opportunities.

As part of Caterpillar’s cost management efforts, the groups within DPD will be absorbed within other company divisions. Those groups include Caterpillar Industrial & Waste Group, Defense & Federal Products, Forest Products, Global On-Highway Truck Group, Global Paving and OEM Solutions Group.

Mr. Finerty joined Caterpillar in 1984 through the marketing training program and held numerous positions in the areas of marketing, finance and mining before transitioning to finance representative positions in Cat Financial Services in 1988.

Over the next decade, Mr. Finerty held assignments with increasing responsibility, which included project engineering responsibility for track-type tractors, business research and planning as well as positions in Geneva that included product/marketing manager of mining and merchandising manager accountable for Building Construction Products.

After returning to the United States, his roles included San Francisco district manager, commercial mining manager, marketing manager, revenue manager and regional manager for the Americas Distribution Services Division (ADSD). In 2011, he was named vice president with responsibility for ADSD, and in October 2013 he assumed his current position.

Mr. Finerty holds a bachelor's degree in accounting and Executive Education certificates from Bradley University and IMD (International Institute for Management Development) located in Lausanne, Switzerland.

Following Ms. Bell’s retirement from Caterpillar, Caterpillar’s Board of Directors has appointed Ken Hoefling as vice president with responsibility for the Building Construction Products (BCP) Division.

Mr. Hoefling began his Caterpillar career as an engineer in Peoria, Illinois, in 1990. Engineering roles then took him to Grenoble, France, and then back to Peoria as a supervisor. In 2002, he joined the Product Support Division in marketing roles with increasing responsibility, including a facility manager role in Shanghai, China.

Mr. Hoefling became general manager in the Reman Components Division in 2007, which included responsibility for operations in Shanghai and Singapore as well as Mossville and East Peoria, Illinois. He held that role until 2013 when he started his current responsibilities as general manager of Steel Products in the Remanufacturing Components and Work Tools Division based in Peoria.

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