CATERPILLAR INC (CAT)
Sector: Industrials
Sector: Industrials
CATERPILLAR INC - Executive Compensation
CFO
Executive Compensation
Andrew R. J. Bonfield serves as Chief Financial Officer of Caterpillar Inc., a role he assumed in December 2020. A seasoned finance executive with more than 30 years of global experience, Bonfield earned a bachelor's degree in economics from Jesus College, University of Cambridge, and is a qualified chartered accountant. His career began at General Electric (GE), where he spent two decades in progressively senior roles, including CFO of GE Capital Real Estate, Vice President of Investor Relations for GE, and CFO of GE Infrastructure Energy. Prior to joining Caterpillar, Bonfield was CFO of Dow Inc. from 2019 to 2020, where he led the company's financial separation from DowDuPont and established robust financial foundations for its independent operations. Before that, he served as CFO of Unilever from 2016 to 2019, overseeing a major productivity savings program that delivered €4 billion in benefits, optimizing capital allocation, and enhancing shareholder returns amid complex portfolio transformations. At Caterpillar, Bonfield directs global finance functions, including financial planning, treasury, tax, investor relations, and risk management. His strategic leadership has fortified the company's balance sheet, supported record dividend increases and share repurchases exceeding $10 billion since 2021, and driven strong free cash flow generation, enabling Caterpillar to navigate economic volatility while investing in innovation and growth initiatives.