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NEW FACES AT CATERPILLAR

Caterpillar Inc., the $22.7 billion supplier of earthmoving and agricultural equipment based in Peoria, Ill., named David Burritt vice president and said he will succeed F. Lynn McPheeters as CFO. McPheeters is retiring in February after 40 years with the company. Caterpillar also appointed Bradley Halverson as corporate controller to replace Burritt. Burritt, 49, joined Caterpillar in 1978 as an accountant and since then has held many accounting, tax and financial reporting positions, including serving as general manager of strategic and business services for Europe, Africa and the Middle East. Halverson, 44, most recently was the company’s director of corporate financial reporting and has held numerous finance positions since joining the company as an accountant in 1988.

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