Caterpillar names Kyle Epley as CFO effective May 1, replacing retiring Andrew Bonfield

Filed April 10, 2026 · Period ending April 7, 2026 · ~1 min read

Key Changes

• high

  Kyle Epley, a 30-year Caterpillar veteran currently leading Global Finance Services, will become CFO on May 1, 2026, succeeding Andrew Bonfield who retires October 1 after a five-month transition.

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• medium

  Epley's compensation includes $930,500 base salary, 115% annual bonus target, and $1.8 million in long-term incentives split between performance shares, stock options, and time-based equity.

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• medium

  Bonfield will remain as CFO through April 30, then stay on as an employee through retirement, providing continuity during the leadership transition.

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