Caterpillar has announced the retirement of Doug Hoerr after 24 years of service to the company, Doug Hoerr, Caterpillar vice president of MH&U, has elected to retire from Caterpillar.
“For more than 20 years of his career with Caterpillar, Doug worked in a wide range of accounting and finance roles with increasing levels of responsibility and global scope,” said Jim Umpleby, Caterpillar CEO. “In 2012, Doug was named group CFO for Customer & Dealer Support, a position he held until being named a Caterpillar vice president in 2015.”
In his role as CFO for Customer & Dealer Support, Hoerr was instrumental in coordinating key elements of the Across the Table initiative, which drove improved performance and alignment between Caterpillar and the worldwide dealer network. Most recently within MH&U, Hoerr led the execution of Caterpillar’s Operating & Execution Model resulting in restructuring of the MH&U operational footprint as well as the product portfolio.
Hoerr joined Caterpillar in 1993 after working for the accounting firm of McGladrey, where he gained experience in auditing and corporate tax. Within Caterpillar, he held numerous positions of increasing responsibility in accounting, business analysis and business resources in Customer Services Support, Parts Distribution, Integrated Manufacturing, Finance Services Division, Large Engine Products & Fuel System Division, Corporate Services Division and Large Power Systems Division. In 2012, he was named group CFO for Customer & Dealer Support. On January 1, 2015, Hoerr became a Caterpillar vice president. His retirement is effective August 1, 2017.