Donald V. Fites | |
---|---|
Born | Tippecanoe County, IN[1] |
Residence | Peoria, IL |
Nationality | United States |
Alma mater | Valparaiso University 1956[2] MIT Sloan School of Management 1971[3] |
Known for | Former Chairman and CEO of Caterpillar, Inc.[4] |
Board member of | Carnegie Endowment for International Peace[5] Phi Kappa Psi Foundation[6] |
Donald V. "Don" Fites is best known for having served as the Chairman and CEO of Caterpillar, Inc. from 1990 until 1999.
Contents |
Don Fites was born in Tippecanoe County, IN. He attended Valparaiso University, where he joined Phi Kappa Psi.[7] He graduated with a B.S. in Civil Engineering in 1956, and soon after joined Caterpillar.[8] He attended the MIT Sloan School of Management as a Sloan Fellow, and received his MBA in 1971.
He attained the position of Vice President at Caterpillar in 1981, and then Executive Vice President in 1985. 1990 marked Don's elevation to the positions of Chief Executive Officer and Chairman of the Board, which he held until he reached the mandatory retirement age in 1999.