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Caterpillar Announces Officer Departure

PEORIA, Ill., May 30, 2014 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today that Randy Krotowski, vice president with responsibility for the Global Information Services (GIS) Division and the company's Chief Information Officer (CIO), has elected to resign from the company to pursue other opportunities. Krotowski's departure will be effective June 1, 2014. 

"Randy has more than 25 years of experience in the information technology field, and we wish him well as he pursues future endeavors," said Brad Halverson, Caterpillar group president with responsibility for the Corporate Services Division.

Caterpillar will immediately begin a global search to find a new GIS vice president and chief information officer.

About Caterpillar:For nearly 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2013 sales and revenues of $55.656 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Resource Industries, Construction Industries and Power Systems - and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

Forward-Looking StatementsCertain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance, and we do not undertake to update our forward-looking statements.

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