CAT announces VP retirement and new VP appointment

Doug Hoerr Retirement

After 24 years of service to the company, Doug Hoerr, Caterpillar vice president of MH&U, has elected to retire from Caterpillar.

“For more than 20 years of his career with Caterpillar, Doug worked in a wide range of accounting and finance roles with increasing levels of responsibility and global scope,” said Jim Umpleby, Caterpillar CEO. “In 2012, Doug was named group CFO for Customer & Dealer Support, a position he held until being named a Caterpillar vice president in 2015.” 

In his role as CFO for Customer & Dealer Support, Hoerr was instrumental in coordinating key elements of the Across the Table initiative, which drove improved performance and alignment between Caterpillar and the worldwide dealer network. Most recently within MH&U, Hoerr led the execution of Caterpillar’s Operating & Execution Model resulting in restructuring of the MH&U operational footprint as well as the product portfolio. 

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.

Karl Weiss  is appointed vice president of the Material Handling & Underground Division

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. He then became the large wheel loader new product introduction manager in Aurora. Weiss then moved to Beijing, China, for four years where he served as the wheel loader product manager for the Asia Pacific Region. He then was named the worldwide product manager for medium wheel loaders in Aurora before being named Earthmoving vice president in 2013. Weiss graduated from Purdue University with a degree in agricultural engineering and an MBA from Northern Illinois University. 

New responsibilities for Tom Bluth and Jean Savage 

Caterpillar is also announcing changes in responsibilities for current Caterpillar vice
presidents Tom Bluth and Jean Savage. 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).

Since joining Caterpillar in 1995, Bluth has held numerous positions, including corporate
attorney in the Legal Services Division, industry manager in the Latin America Commercial
Division, district manager in the North America Commercial Division, worldwide medium
wheel loader product manager and president and managing director of Caterpillar France. In
2007, the Caterpillar board of directors named Bluth vice president of Asia Pacific Operations
and two years later, Bluth was named vice president of the Earthmoving Division. In 2013, Bluth
moved to vice president of the Mining Products Division and three years later, Bluth’s
responsibilities were expanded to include leadership for mining sales and support as the vice
president of SM&T. Bluth graduated with an electrical engineering degree from Iowa State
University, a law degree from Northwestern University and an MBA from the University of
Chicago.

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. Prior to joining PRS, she worked in a variety of manufacturing and
engineering positions in her 14 years at Parker Hannifin Corporation, a leader in motion and
control technologies and systems. That was preceded by nine years in the Army Reserves as a
military intelligence officer. Savage has an electrical and computer engineering degree from the
University of Cincinnati and a master’s degree in engineering management from the University
of Dayton.

Frederic Istas Appointed Vice President of the Earthmoving Division

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,” Umpleby said.
Istas joined Caterpillar in 1996 as part of the Europe, Africa & Middle East (EAME)
Marketing Division, based in Geneva, Switzerland. He held roles as a 6 Sigma black belt and
master black belt. In 2004, Istas was named district manager for the EAME Marketing Division
in Geneva. From 2008-11, he was a global process owner in the Global Revenue Management
Group based in Peoria. He then was named a regional product manager for the Excavation
Division based in Europe. Istas has a degree in electromechanics from Industriele Hogeschool,
Gent, Flanders, Belgium. Istas will begin his new role August 1, 2017.