Caterpillar Chief Information Officer Randy Krotowski to resign Krotowski has elected to resign from the company to pursue other opportunities. Krotowski's departure will be effective June 1. Caterpillar will immediately begin a global search to find a new GIS vice president and chief information officer.
Caterpillar sales trends suggest 'muted' 2015 outlook, says Wells Fargo Wells Fargo says Caterpillar's November retail sales trends were weak with growth trends decelerating from October in all segments. Wells believes weakening demand trends suggest Caterpillar may provide "a muted" outlook for 2015, and the firm stays below consensus with its 2015 expectations. Wells has a Market Perform rating on Caterpillar.