David (Dave) T. Walton

Dave Walton is president and chief executive officer of Caterpillar Financial Services Corporation and a senior vice president of Caterpillar Inc. He is responsible for the Financial Products Division, which is comprised of Cat Financial and Cat Financial Insurance Services. 

Walton joined Cat Financial in 1989 after four years with an Illinois bank. During his first ten years with the company, he held various credit, portfolio management, and sales positions in the United States. He became the corporate portfolio manager in 1999, managing the corporate finance portfolio through policy, reporting and analysis. In 2001, he was named U.S. Southern region manager in Dallas, responsible for field operations from Texas to Florida. In 2003, he served as managing director of Northern Europe. Based in the U.K., he was responsible for Cat Financial’s operations in the U.K., Ireland, Nordic countries, and the Netherlands.

From 2005 to 2011, Walton was Cat Financial vice president based in Singapore with administrative responsibility for Cat Financial’s nine Asia-Pacific offices, including Singapore, Japan, China and Australia. In 2006, he was also asked to form and lead Cat Financial’s global mining finance organization, Cat Mining Finance, which has equipment and project finance offices in Zurich, Melbourne and Nashville. From 2012 to 2017, he was based in Peoria, Illinois, and responsible for U.S. sales, Canada sales and operations, corporate accounts, and the Cat Financial commercial account product while retaining his previous mining responsibilities.

Walton holds a bachelor’s degree in accounting from Indiana University and a master’s degree in business administration from Keller Graduate School in Chicago. He serves on the United Way of Metropolitan Nashville, Nashville Chamber of Commerce, and FM Global boards.