Caterpillar (CAT) VP Chris Schena to Retire, Steve Fisher to Succeed
Caterpillar Inc. (NYSE: CAT) announced today that Chris Schena, 62, has elected to retire following more than 39 years of outstanding service to the company. Schena has been a Caterpillar vice president since 2002 and is currently vice president with responsibility for Europe and South America Operations.
Schena holds a B.A. in business administration and an M.B.A. from Universite de l'Etat a Mons in Belgium. He began his Caterpillar career in 1972, and held a number of cost and business analysis positions with increasing responsibility at Caterpillar's operations in Belgium and the United States. In 1992, he was named product source planning manager, Technical Services Division. In 1996, Schena was named General Manager for Caterpillar Brasil Ltda. In 2002, he became a Caterpillar vice president with responsibility for the Component Products & Control Systems Division. Schena's retirement will be effective July 1, 2012.
Caterpillar's Board of Directors has appointed Mark Sweeney, 51, currently operations director for Caterpillar's Electric Power Division, a Caterpillar vice president. Sweeney's appointment is effective January 1, 2012, and he will replace Schena as vice president with responsibility for Europe and South America Operations. Schena and Sweeney will focus on the transition of responsibilities during the first half of 2012.
Caterpillar's Board of Directors has appointed Mark Sweeney, 51, currently operations director for Caterpillar's Electric Power Division, a Caterpillar vice president. Sweeney's appointment is effective January 1, 2012, and he will replace Schena as vice president with responsibility for Europe and South America Operations. Schena and Sweeney will focus on the transition of responsibilities during the first half of 2012.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
Schena holds a B.A. in business administration and an M.B.A. from Universite de l'Etat a Mons in Belgium. He began his Caterpillar career in 1972, and held a number of cost and business analysis positions with increasing responsibility at Caterpillar's operations in Belgium and the United States. In 1992, he was named product source planning manager, Technical Services Division. In 1996, Schena was named General Manager for Caterpillar Brasil Ltda. In 2002, he became a Caterpillar vice president with responsibility for the Component Products & Control Systems Division. Schena's retirement will be effective July 1, 2012.
Caterpillar's Board of Directors has appointed Mark Sweeney, 51, currently operations director for Caterpillar's Electric Power Division, a Caterpillar vice president. Sweeney's appointment is effective January 1, 2012, and he will replace Schena as vice president with responsibility for Europe and South America Operations. Schena and Sweeney will focus on the transition of responsibilities during the first half of 2012.
Caterpillar's Board of Directors has appointed Mark Sweeney, 51, currently operations director for Caterpillar's Electric Power Division, a Caterpillar vice president. Sweeney's appointment is effective January 1, 2012, and he will replace Schena as vice president with responsibility for Europe and South America Operations. Schena and Sweeney will focus on the transition of responsibilities during the first half of 2012.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- Caterpillar Inc. Group President and Director of Investor Relations to Participate in Raymond James Infrastructure and Construction Conference on May 23, 2012; Webcast Available
- Watts Water Tech (WTS) CFO McCartney to Retire
- Rosetta Genomics (ROSG) Names New CFO
Create E-mail Alert Related Categories
Management ChangesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
