Caterpillar Inc. (NYSE:CAT) on Wednesday said Chief Financial Officer Andrew Bonfield will retire, effective October 1, 2026.

The company named Kyle Epley as his successor, with Epley set to assume the role on May 1 as part of a planned leadership transition.

Bonfield, who has been with Caterpillar for eight years, oversaw a period of record financial performance, including the highest full-year sales and revenue in the company’s history.

Epley brings nearly three decades of experience at Caterpillar. He currently serves as senior vice president of global finance services, where he oversees global finance operations, strategy, treasury, pricing, and facilities.

He has held several senior finance roles across the company, including division chief financial officer and corporate controller, building broad operational and financial expertise.

Technical Analysis

At $770.00, the stock is trading 8.9% above its 20-day simple moving average (SMA) of $707.19, suggesting a strong short-term trend. It is also 7.4% above its 50-day SMA of $717.40, indicating continued bullish momentum in the intermediate term.

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