(Bloomberg) -- Caterpillar Inc. Chief Financial Officer Brad Halverson will retire in early 2018.
The company has launched a global, external search for Halverson's replacement, according to a statement Tuesday. Halverson will stay with the company to “help ensure a smooth transition for the CFO position.”
Halverson joined Caterpillar in 1988 as an accountant. He was previously the CFO of Caterpillar's engine division and was the director of mergers and acquisitions.
To contact the reporter on this story: Meenal Vamburkar in New York at mvamburkar@bloomberg.net.
To contact the editors responsible for this story: Reg Gale at rgale5@bloomberg.net, Jim Efstathiou Jr.
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