DEERFIELD, Ill., Jan. 26, 2018 /PRNewswire/ -- Caterpillar Inc.
(NYSE: CAT) announced today that Frank
Crespo, Caterpillar vice president of Global Supply Network
Division (GSND), has elected to retire. In connection with this
retirement, the GSND organization will be consolidated into
existing divisions within the company.
Crespo joined Caterpillar in 2010, and since then he has led the
procurement teams, along with our global suppliers, to achieve
world-class procurement processes and deliver on our customer
commitments.
"We thank Frank for his commitment and dedication to Caterpillar
and his contribution to the success of our customers," said
Denise Johnson, Caterpillar group
president of Resource Industries.
Prior to joining Caterpillar, Crespo was Vice President and
Chief Procurement Officer with Honeywell International Inc. At
Honeywell, he had responsibility for setting strategic direction,
developing and managing the supplier base, driving supplier
alliance relationships, and building and delivering people
excellence within the organization.
Crespo's retirement is effective February
1, 2018.
About Caterpillar
For more than 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 2017 sales
and revenues of $45.462 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 - Construction
Industries, Resource Industries and Energy & Transportation -
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.
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SOURCE Caterpillar Inc.