Caterpillar (CAT) Raises Quarterly Dividend 1.3% to $0.78; 3% Yield

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Caterpillar (CAT) Reports the Retirement of Three VPs, Paolo Fellin, Greg Folley & George Taylor; Chris Snodgrass & Damien Giraud Appointed as New VPs

June 16, 2017 5:43 AM EDT

Caterpillar Inc. (NYSE: CAT) today announced three vice presidents, Paolo Fellin, Greg Folley and George Taylor, have elected to retire. In connection with these retirements and the company's previously announced plan to review and update its strategy, Caterpillar is also announcing organizational changes, appointing two new vice presidents and launching a search for a third.

Paolo Fellin RetirementAfter 37 years of service to the company, Paolo Fellin, Caterpillar vice president of the Global Construction & Infrastructure (GCI) Division, has elected to retire.... More