Caterpillar appoints Epley as CFO as Bonfield prepares to retire.
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Caterpillar appoints Epley as CFO as Bonfield prepares to retire. Reading Time: 2 mins read Caterpillar Inc. has announced a leadership transition that will see chief financial officer Andrew Bonfield retire later this year, with company veteran Kyle Epley stepping into the role. Bonfield will retire effective October 1, 2026, after eight years with the company. Epley will assume the CFO position from May 1, with Bonfield remaining in an advisory role during the transition period. The transition follows a period of strong financial performance for Caterpillar, including record full-year sales and revenues in 2025 and a quarterly revenue high of $19.1 billion in the fourth quarter. Caterpillar chairman and chief executive officer Joe Creed credited Bonfield's contribution to the company's performance and financial discipline. "Andrew's leadership has been instrumental to Caterpillar's success," Creed said. "He brought exceptional financial expertise, a relentless focus on disciplined decision-making and a deep commitment to our customers and shareholders." Creed added that under Bonfield's leadership, the company's finance function became "a strategic advantage for the enterprise," with a lasting impact expected beyond his tenure. Epley brings nearly 30 years of experience with Caterpillar to the role and currently serves as senior vice president of Global Finance...
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