August 1, 2018
Caterpillar appoints CFO
Caterpillar, the Peoria, Ill.-based equipment manufacturer, announced its board has appointed Andrew Bonfield as chief financial officer (CFO). Bonfield brings more than three decades of financial expertise to the role, most recently serving as Group CFO and board member of National Grid, a British multinational electricity and gas utility company. Prior to Bonfield’s eight years at National Grid, he was CFO at British confectionary company Cadbury. Since 2010, Bonfield has been a non-executive director and chair of the audit committee of British retailer, Kingfisher. Bonfield also chairs the 100 Group, which represents finance directors of the top 100 U.K. companies listed on the London Stock Exchange. Bonfield is a chartered accountant who holds a bachelor’s degree from the University of Natal in Durban, South Africa.