Leadership change at Caterpillar’s Construction Industries division

Caterpillar’s D3 dozer. Image: Caterpillar

Caterpillar veteran Rod Shurman has been appointed group president of Construction Industries effective February 1, 2026, at which time Fassino will become group president, retired, for the remainder of the transition.

The OEM said that Fassino’s experience across its global portfolio helped drive the design and introduction of new products, services and technology, the development of go-to-market and distribution strategies, and the implementation of operational excellence across an extensive manufacturing and supply base. He was made group president of Construction Industries in 2021.

Shurman currently serves as senior vice president of Caterpillar’s BCP division, where he provides global leadership of compact construction machines and attachments.

In his new role, he will be responsible for Caterpillar’s Construction Industries segment, which includes Earthmoving, Excavation, BCP, China Operation, Cat Rental & Used, Customer Solutions Core Regions and Customer Solutions Growth Regions divisions, as well as the Construction Industries Supply Management group.

“Rod’s deep experience across engineering and operations, combined with a drive to solve our customers’ toughest challenges, prepares him to guide Construction Industries into its next chapter,” said Caterpillar CEO Joe Creed.

Since joining Caterpillar in 1997, Shurman has held positions of increasing responsibility in engineering, service and operations functions. He has served as senior vice president for Caterpillar’s Oil & Gas as well as Electrification & Energy Solutions divisions.