Caterpillar Inc. (CAT) Announces Resignation of Richard Case, Appoints Tom Frake to Replace Feb 10, 2012 09:02AM

Caterpillar Inc. (NYSE: CAT) announced today that Richard Case, vice president with responsibility for the Marine & Petroleum Power Division, has elected to resign from the company to pursue other opportunities. Case's departure from Caterpillar will be effective May 1, 2012.

Caterpillar's board of directors has appointed Tom Frake to replace Case as vice president, Marine & Petroleum Power Division. Frake's appointment is effective April 1, 2012. Frake began his career at Caterpillar in 1986, and has held a series of positions with increasing responsibility at Caterpillar locations in North America, Asia and South America. Frake is currently based in Singapore, where he is the worldwide product manager for hydraulic excavators. He will relocate to Hamburg, Germany, in his new role leading the Marine & Petroleum Power Division.

"I want to thank Richard for his valued contributions to Caterpillar, where the majority of his fourteen-year career was spent in our engine business," said Gerard Vittecoq, Caterpillar group president with responsibility for Energy & Power Systems. "We wish Richard well in his new endeavors."


Caterpillar (CAT) Marine & Petroleum VP Case Resigns, Replacement Named Feb 10, 2012 09:01AM

Caterpillar Inc. (NYSE: CAT) announced today that Richard Case, vice president with responsibility for the Marine & Petroleum Power Division, has elected to resign from the company to pursue other opportunities. Case's departure from Caterpillar will be effective May 1, 2012.

Caterpillar's board of directors has appointed Tom Frake to replace Case as vice president, Marine & Petroleum Power Division. Frake's appointment is effective April 1, 2012. Frake began his career at Caterpillar in 1986, and has held a series of positions with increasing responsibility at Caterpillar locations in North America, Asia and South America.


First Financial (FFKY) Appoints J. Stephen Mouse as New Chairman of the Board Feb 10, 2012 08:17AM

First Financial Service Corporation (NASDAQ: FFKY) today announced the following changes in the leadership of the Company and its subsidiary, First Federal Savings Bank of Elizabethtown.

Senator Walter Dee Huddleston is stepping down as the Chairman of the Board after diligently serving in this capacity for the past 15 years. Senator Huddleston will continue as a director, offering the benefit of his banking experience and knowledge as an active member of the Board for 46 years.

J. Stephen Mouser has been appointed as the Board's new Chairman. He is the President of Mouser Custom Cabinetry, LLC, a family-owned cabinet manufacturer employing 195 employees in Elizabethtown, Kentucky. A director since 1997, Mr. Mouser has served on a variety of Board committees of the Company and the Bank, where his extensive experience in managing business ventures has provided an entrepreneurial perspective.


E*TRADE (ETFC) Appoints Two Industry Vets to Board Feb 10, 2012 08:06AM

E*TRADE Financial Corporation (NASDAQ: ETFC) today announced Rodger A. Lawson and Rebecca Saeger have been appointed to the Company’s Board of Directors effective February 10, 2012. Additionally, the Company announced Lewis E. Randall is retiring after almost 30 years of service on the Board effective February 10, 2012.

Lawson is a distinguished executive who most recently served as President and CEO of Fidelity Investments – Financial Services, where he is widely credited with leading significant improvements in operational efficiency and performance, and successfully guiding Fidelity through very challenging market conditions.

Saeger was Executive Vice President and Chief Marketing Officer at Charles Schwab from 2004 through 2010. She partnered with the company’s CEO to help shape the corporate vision and purpose, and revitalized the Schwab brand. She had responsibility for Schwab’s marketing, driving growth through a period of unprecedented challenges for investors and financial markets.


Sonoco (SUN) Promotes Three Executives Feb 10, 2012 08:02AM

Sonoco (NYSE: SON), announced three executive officer appointments, according to Sonoco Chairman and Chief Executive Officer Harris E. DeLoach, Jr., and M. Jack Sanders, president and chief operating officer.

John M. Colyer, Jr. has been promoted to vice president, Global Paper and Industrial Converted Products. In this new role, Colyer has responsibility for Sonoco’s largest business segment, including global tubes and cores, paper, recycling, wire and cable reels, and internal supply businesses, including adhesives and forest products. In total, this segment has 198 global plant locations in North America, Europe, South America, Australia/New Zealand and Asia. Colyer is a member of the Company’s executive committee, reporting to Sanders.

Prior to this new assignment, Colyer, 51, served as vice president, Global Industrial Converting, and was responsible for leading the effort to complete the recent acquisition of Tegrant Corporation.

Ronald G. Leach has been named vice president of Sonoco’s recently expanded Global Protective Packaging segment, elected an officer of the Company and appointed to the executive committee, reporting to Sanders.

Leach, 54, was president and chief executive officer of Tegrant Corporation, prior to the acquisition in November 2011.

R. Howard Coker, 49, has been named to the Company’s executive committee and remains vice president, Global Rigid Paper and Closures, reporting to Sanders. In this position, Coker has global responsibility for the Company’s composite can, and metal and peelable membrane ends and closures businesses.

Prior to this appointment, Coker was vice president, Rigid Paper and Closures – North America.


More Management Changes

View Older Stories

Feb 10, 2012 06:52AM Hudson City Bancorp's (HCBK) Chairman to Take Medical Leave of Absence
Feb 9, 2012 04:34PM International Game Technology (IGT) Appoints John Vandemore as Chief Financial Officer and Treasurer
Feb 9, 2012 04:33PM LinkedIn (LNKD) Promotes Kevin Scott to Engineering SVP
Feb 9, 2012 04:22PM Move, Inc. (MOVE) Names John Robison Chief Technology Officer
Feb 9, 2012 11:20AM Canaccord Genuity Reiterates a 'Buy' on Stryker (SYK); CEO Abruptly Departs; Underlying Business Solid
Feb 9, 2012 10:12AM Electronic Arts (EA) Lower Following Resgination of CFO Brown
Feb 9, 2012 09:05AM Ford (F) Elects Former Utah Governer Jon Huntsman to Board
Feb 9, 2012 09:02AM Ford (F) CFO Lewis Booth to Retire; Controller Bob Shanks to Succeed
Feb 9, 2012 09:02AM Ford (F) Says Bob Shanks to Succeed Lewis Booth as CFO
Feb 8, 2012 06:05PM Stryker (SYK) Chairman and CEO Stephen MacMillan resigns
Feb 8, 2012 04:23PM Diamond Foods' (DMND) Chairman, CEO Mendes, CFO Neil on Administrative Leave; Search for New CEO, CFO to Begin
Feb 8, 2012 09:02AM 3M (MMM) Promotes COO Thulin to CEO
Feb 8, 2012 07:48AM Apollo Investment Corp. (AINV) Misses Q4 EPS by 2c; Appoints New President; Explores $200M of Financing
Feb 8, 2012 07:03AM Henry Schein (HSIC) Names Gerard K. Meuchner as Chief Global Communications Officer
Feb 8, 2012 06:58AM Cognizant Technology Solutions (CTSH) Announces Several Executive Management Promotions
Feb 8, 2012 06:56AM Universal Travel (UTA) Appoints New COO, Board Members
Feb 8, 2012 06:53AM W. R. Grace (GRA) Realigns Certain Management Roles; Names Catalysts Tech President
Feb 7, 2012 04:37PM Dunkin' Brands Group (DNKN) Adds Giorgio Minardi as President
Feb 7, 2012 04:37PM IAC (IACI) Names Former Panera Bread (PNRA) CFO Jeff Kip Executive VP and CFO
Feb 7, 2012 04:31PM AMAG Pharmaceuticals (AMAG) Adds Rajiv De Silva and Gino Santini to Board
Feb 7, 2012 04:26PM AMD (AMD) Sales Chief Emilio Ghilardi No Longer with Company
Feb 7, 2012 04:25PM CSC (CSC) Appoints Mike Lawrie as CEO
Feb 7, 2012 04:20PM Panera (PNRA) CFO Jeffrey Kip leaving to join IAC
Feb 7, 2012 04:05PM Harley-Davidson (HOG) Appoints CEO Keith Wandell Chairman of Board, Raises Q1 Dividend
Feb 7, 2012 03:56PM Yahoo! (YHOO) Affirms Chairman Bostock, Three Others Will Step Down from Board
Feb 7, 2012 03:50PM Bostock, Other Members May Leave Yahoo! (YHOO) Board -AllThingsD
Feb 7, 2012 06:57AM Journal Communications (JRN) Promotes CFO Andre Fernandez to President
Feb 7, 2012 06:50AM XPO Logistics (XPO) Names John Hardig Chief Financial Officer
Feb 7, 2012 06:47AM XPO Logistics (XPO) Appoints John Hardig as CFO
Feb 7, 2012 06:31AM Adeona (AEN) Names C. Evan Ballantyne as CFO
Feb 6, 2012 05:29PM Noble (NE) Promotes Bernie Wolford to SVP - Operations
Feb 6, 2012 04:16PM WESCO (WCC) Says CFO Heyse No Longer w/ Company
Feb 6, 2012 09:16AM Auxilium (AUXL) Appoints Andrew Koven as EVP, CAO; Mark Glickman as Sales SVP
Feb 6, 2012 08:11AM RiT Tech (RITT) CEO Ayzik Resigns; New Appointments Made
Feb 6, 2012 07:07AM Nabors (NBR) CEO Isenberg Terminates Employment, Will Become Chairman Emeritus
Feb 6, 2012 07:02AM Huntsman (HUN) Names Jon Huntsman to Board
Feb 6, 2012 07:01AM EntreMed (ENMD) Enters $9.3M of Strategic Financing, Two Board Members Resign
Feb 6, 2012 06:40AM BluePhoenix (BPHX) Names Mel Keating as Chairman
Feb 6, 2012 06:38AM Micron (MU) Promotes COO C. Mark Durcan as CEO, Robert Switz as Chairman
Feb 6, 2012 06:31AM Adeona (AEN) Appoints Chairman Jeff Riley as CEO; Names Two Board Members
Feb 3, 2012 01:57PM Micron (MU) CEO Appleton passes away
Feb 3, 2012 08:56AM PC Connection (PCCC) Appoints Joseph Driscoll as CFO
Feb 3, 2012 06:48AM BP (BP) Taps Cambridge's Ann Dowling as non-Exec Director
Feb 2, 2012 05:16PM Murphy Oil (MUR) Promotes Bill Stobaugh as Corp. Planning EVP, Tom Mireles as Corp. Planning VP
Feb 2, 2012 05:03PM Urban Outfitters (URBN) Names Marlow as CEO Urban Outfitters Group
Feb 2, 2012 05:02PM Coldwater Creek's (CWTR) Jim Bell Adds COO to Title
Feb 2, 2012 05:01PM Fluor Corp. (FLR) CEO Seaton Elected to Additional Role of Chairman
Feb 2, 2012 04:22PM Bluefly (BFLY) CEO Payner-Gregor to Step Down, COO Park to Replace
Feb 2, 2012 04:11PM Einstein Noah Restaurant (BAGL) Announces Resignations of James P. O’Reilly
Feb 2, 2012 04:06PM Medifast (MED) Appoints Michael McDonald as CEO
View Older Stories