May 4, 2018 / 12:26 PM / 7 months ago

BRIEF-Caterpillar Says Board Committee Approved Annual Base Salary For Andrew Bonfield Of $800,000

May 4 (Reuters) - Caterpillar Inc:

* CATERPILLAR SAYS COMPENSATION COMMITTEE OF BOARD APPROVED ANNUAL BASE SALARY FOR ANDREW BONFIELD OF $800,000 EFFECTIVE UPON BONFIELD BECOMING CFO

* CATERPILLAR - APPROVED 2018 CASH ANNUAL INCENTIVE PLAN AWARD WITH TARGET VALUE OF 115 PERCENT OF BONFIELD’S BASE SALARY, PRO-RATED BASED ON START DATE

* CATERPILLAR- BONFIELD TO GET $800,000 CASH SIGN-ON BONUS PAID AS SOON AS ADMINISTRATIVELY PRACTICABLE AFTER COMPLETION OF FIRST DAY OF EMPLOYMENT Source text: (bit.ly/2I9ZBJB) Further company coverage:

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