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Donald Vester Fites (born 1934) was the chairman and CEO of
Caterpillar, Inc. Caterpillar Inc. (stock symbol CAT) is an American ''Fortune'' 500 corporation and the world's largest construction-equipment manufacturer. In 2018, Caterpillar was ranked number 65 on the ''Fortune'' 500 list and number 238 on the Global ''Fo ...
from 1990 to 1999.


Early life

Don Fites was born in 1934 in
Tippecanoe, Indiana Tippecanoe is an unincorporated community in Tippecanoe Township, Marshall County, Indiana, United States. History Tippecanoe was settled beginning in 1882. The original town was located 1 mile to the north and was platted as Tippecanoe Town in ...
. He attended Valparaiso University, where he joined Phi Kappa Psi. He graduated with a B.S. in Civil Engineering in 1956, and soon after joined Caterpillar. He attended Valparaiso University in 1956. He then attended the MIT Sloan School of Management as a Sloan Fellow, and received his MBA in 1971.


Career

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.


References


External links


My Salvation Army Board - National Advisory Board MembersAn Interview with Donald V. Fites
{{DEFAULTSORT:Fites, Donald V. People from Tippecanoe County, Indiana People from Peoria, Illinois Valparaiso University alumni MIT Sloan School of Management alumni MIT Sloan Fellows Caterpillar Inc. people Living people 1934 births