David DeFreitas

Group CFO - Corporate Services Caterpillar, Inc.
Dave is the Controllers for North America and CFO for Mining & Power Finance for Caterpillar Financials Services Ltd., a captive finance company for Caterpillar Inc.  He has been with Caterpillar for 30 years and has held 18 Accounting and General Business roles in Peoria, Aurora, and Deerfield, IL, Nashville, TN, and Leicester, England.  Key past jobs include:  Group CFO for Corporate Services, Business Manager for Aftermarket Parts, Investment Director for Energy & Transportation, Product Manager for Telehanders (worldwide design, manufacture, and marketing of this product line from England), Corporate Director of Activity Based Costing Methodology, and Corporate Business Analysis Project Manager.  At the staff level, Dave has also held positions in product cost accounting, investment analysis, budgeting, financial reporting, internal auditing, and legal entity / inventory accounting.

Current responsibilities:  Providing leadership to a group of Accounting & Finance leaders with global responsibility for Cat Financial budgeting & forecasting, SOX compliance, Lean and automation initiatives, and for Cat Financial’s Operating & Execution Model investment analysis.  Dave is also responsible for financial reporting, investment analysis, and all other financial related activities for Cat Financial for the North America and for the Mining & Power Finance Groups..

Dave graduated from Bradley University with a B.S. in Accounting in 1987 and started his career in Public Accounting before joining Caterpillar.  He is a Certified Public Accountant and has his MBA from Northern Illinois University (1994).  In 2015, Dave was recognized at the National Beta Alpha Psi Conference as National Business Information Professional of the year.  Dave also received the Lydia Moss Bradley award from Bradley University for being the 2018 Outstanding Alumni Contributor since his graduation in 1987.

Outside of work, Dave chairs the National Council of Advisors to the Foster College of Business at Bradley University and is a past chair and current member of the Department of Accounting Advisory Council at Bradley.  He is also a member of the Bradley University Braves Club Board and a member of the Indiana University Accounting Advisory Group.  Dave is the Treasurer of his fraternity Housing Corporation (Sigma Alpha Epsilon) and he is former Vice Chair (2014-2018) for the Illinois High School Association (IHSA) State Basketball championship steering committee.  In 2017, Dave and his wife were recognized by the IHSA and Peoria Convention & Visitors Bureau as Volunteers of the Year.  In 2015, Dave and his wife Co-Chaired the Passage to India Easter Seals Fundraising Banquet and are past Co-Chair of the Central Illinois annual Easter Seals fundraising campaign.  He has also co-authored two articles in professional magazines (“Getting Lean and Mean at Caterpillar with Activity Based Management” published in the January, 2013 issue of Strategic Finance Magazine, and “Changing Performance Measures at Caterpillar” in the December, 1996 issue of Management Accounting Magazine).  

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