Caterpillar announced three vice presidents, Paolo Fellin, Greg Folley and George Taylor, have elected to retire. In connection with these retirements and the company’s previously announced plan to review and update its strategy, Caterpillar also announced organizational changes, appointing two new vice presidents and launching a search for a third.

Paolo Fellin, vice president of the Global Construction & Infrastructure Division, elected to retire effective August 1, 2017 when Damien Giraud will assume the role.

“Over his long career, Paolo has built an unrivaled reputation for his passion and devotion to finding solutions for our customers,” said Jim Umpleby, Caterpillar CEO. “His leadership has played a critical role as Caterpillar has improved its market position for worldwide machine sales in the last several years.”

Greg Folley, vice president of the Industry Solutions, Components & Distribution Division, elected to retire effective August 1, 2017.

“Greg began his career with Caterpillar in the Human Services Division, and while he’s held a range of leadership and executive positions focused on remanufacturing, component production and distribution during his career, his focus on people along with his positive attitude and leadership style are the hallmarks of his career,” Umpleby said.

George Taylor, vice president of the Marketing & Digital Division, elected to retire effective August 1, 2017.

“George has played a significant role in leading Caterpillar’s initiatives utilizing data analytics, innovation, digital channels and techniques to unlock competitive advantages for our customers,” Umpleby said. “George has laid a solid groundwork in this area as Caterpillar continues to develop digital solutions and products for our customers.”

Caterpillar announced organizational changes that will result in the creation of two new divisions. The company is forming these new divisions to drive greater efficiencies and effectiveness in support of its customers.

Caterpillar’s board of directors has appointed Chris Snodgrass, currently general manager for Caterpillar’s Industrial Power Systems Division (IPSD), to the position of vice president of the newly created Product Support & Logistics Division (PSLD). This division will combine groups currently located in other Caterpillar divisions to drive collaboration and implement strategic initiatives under the leadership of Snodgrass. PSLD will include design and manufacturing of wear and maintenance component products, as well as support of prime product and parts distribution, inbound and outbound logistics, warehousing functions, and packaging and container management.

Snodgrass joined Caterpillar in 2013 following a 20-year career that included senior and executive leadership positions with commercial vehicle and industrial components manufacturer Meritor, and with Daimler AG, including roles in the Mercedes Benz truck division in Europe, Freightliner Trucks in North America, and with engine manufacturer Detroit Diesel Corporation.

“Since joining Caterpillar, Chris has quickly demonstrated an ability to deliver results; as general manager for IPSD, he’s played a significant role reducing material costs and driven substantial process improvements and results for the division’s sales and marketing functions,” Umpleby said. “His significant outside experience and perspective combined with his sharp focus on customers make him ideally suited for this role.”

Caterpillar also announced a new Digital Enabled Solutions division and a search for a digital vice president. The division will bring together the company’s data analytics group, the enterprise data hub, equipment management tools, Cat Connect technologies and customer experience portals.

“We recognize the need to bring these groups into an organization that will bring enhanced focus and strategic alignment to the existing and yet-to-be developed digital enablers for our products and customers,” Umpleby said.

Caterpillar will immediately begin an external search for an executive to lead the new division, which will report to Charter. In addition, as part of the reorganization, Caterpillar’s marketing and brand organization will become part of the existing Global Aftermarket Solutions Division led by Vice President Nigel Lewis.

Caterpillar’s board of directors has appointed Damien Giraud, currently worldwide product manager for Caterpillar’s large excavators, as the vice president of GCI.

Giraud joined Caterpillar in 1998, following a seven-year career with Colas Group, a French civil engineering and construction firm. During his nearly 20 years with Caterpillar, Giraud has held a number of marketing and product management roles with an increasing level of responsibility. A native of France who speaks four languages, Giraud has worked in Europe, Africa, Asia and North America.

“Damien brings an exceptional focus on our customers to this position,” Umpleby said. “That customer focus combined with his global work experience, deep industry knowledge and his strong and transparent communication skills make him ideally suited for this position.”