Leadership change at Caterpillar’s Construction Industries division

Andy Brown Head of Content, Construction and Engagement

15 January 2026

Caterpillar has announced that Tony Fassino, group president of Construction Industries, has elected to retire effective May 31, 2026, following 30 years with the company.

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,…

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