Caterpillar Seeks New CFO With Halverson to Retire Next Year

  • Departure will cap three decades with the equipment maker
  • Caterpillar has started external search for his replacement
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Caterpillar Inc. is looking for a new chief financial officer just nine months after the largest maker of construction and mining equipment announced the departure of its long-serving chief executive officer.

The Peoria, Illinois-based company has started a global search to replace Brad Halverson, who will retire early next year to help ensure a smooth transition, it said in a statementBloomberg Terminal Tuesday.