Short answer
Caterpillar Inc. (CAT) filed an 8-K current report with the SEC on April 10, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item EX-99.1 (Exhibit EX-99.1). Kyle Epley becomes Caterpillar CFO May 1, 2026, succeeding Andrew Bonfield.
Caterpillar Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Kyle Epley becomes Caterpillar CFO May 1, 2026, succeeding Andrew Bonfield
- Bonfield remains an employee through retirement October 1, 2026, supporting transition continuity
- Epley brings 30 years of Caterpillar experience across finance, divisional CFO, controller, and global finance roles
- Base salary rises to $930,500 with annual incentive target equal to 115% of salary
- $1.8 million long-term incentive grant split among performance RSUs, stock options, and time-based RSUs
Item EX-99.1 · Exhibit EX-99.1
- CFO Andrew Bonfield retirement effective October 1, 2026 after eight years
- Kyle Epley appointed CFO effective May 1, 2026, providing internal succession continuity
- Bonfield advisory role through October 1 supports transition and reduces near-term execution risk
- Epley brings nearly three decades of Caterpillar experience across finance leadership roles
- Leadership change follows record 2025 sales and revenues of $67.6 billion and fourth-quarter revenue of $19.1 billion
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