Capital Equipment News

 Caterpillar Inc has announced Doug Hoerr, vice president of the Material Handling & Underground Division (MH&U), has elected to retire from the company. Caterpillar’s board of directors has since appointed a new vice president, and the company has also announced new responsibilities for three current vice presidents.

Caterpillar vice president appointments

Hoerr joined Caterpillar in 1993 after working for the accounting firm of McGladrey, where he gained experience in auditing and corporate tax. Within Caterpillar, he held numerous positions of increasing responsibility in accounting, business analysis and business resources in Customer Services Support, Parts Distribution, Integrated Manufacturing, Finance Services Division, Large Engine Products & Fuel System Division, Corporate Services Division and Large Power Systems Division. In 2012, he was named group CFO for Customer & Dealer Support. On January 1, 2015, Hoerr became a Caterpillar vice president. His retirement is effective August 1, 2017.

Meanwhile, Caterpillar has announced changes in responsibilities for current Caterpillar vice presidents Tom Bluth, Jean Savage and Karl Weiss. These changes will be effective August 1, 2017.

Bluth, who was first named a vice president in 2007 and is currently vice president of the Surface Mining & Technology Division (SM&T), will become Caterpillar’s Chief Technology Officer (CTO) and the vice president of the Innovation & 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. Savage was formerly senior vice president and Chief Operating Officer of the Locomotive and Railcar Services business unit for Caterpillar subsidiary Progress Rail Services (PRS). Savage joined PRS in 2002 as vice president for Quality and Continuous Improvement. She also served as vice president of PRS’ Freight Car Repair, Parts and Quality Divisions before her most recent position.

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. Since joining Caterpillar in 1992, Weiss has had various assignments within product development at Caterpillar’s Decatur, Joliet and Aurora, Illinois, facilities, primarily focused on large machine structural design. Weiss subsequently transferred to Geneva, Switzerland, with Caterpillar Global Mining as an equipment management consultant serving mining customers and dealers in Europe and Africa.

Caterpillar’s board of directors has appointed Frederic Istas, currently aftermarket solutions global manager for Caterpillar’s Global Aftermarket Solutions Division, to the position of vice president of the Earthmoving Division.

“Building on his more than 20 years with Caterpillar, Frederic brings strong product management leadership experience from previous roles in the United States and Europe, as well as product support and marketing experience to this role,” says Jim Umpleby, Caterpillar CEO.

Istas joined Caterpillar in 1996 as part of the Europe, Africa & Middle East (EAME) Marketing Division, based in Geneva, Switzerland. 

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