Web Reference: 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. Donald V. Fites was the CEO of Caterpillar Inc. from 1990 to 1999 and a leader in product and market innovations. He received several awards for his contributions to the machinery industry and global trade. Don Fites was born in 1934 in Tippecanoe County, Indiana. He attended Valparaiso University, where he joined Phi Kappa Psi. He graduated with a Bachelor of Surgery in Civil Engineering in 1956, and soon after joined Caterpillar.
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Last Updated: April 2, 2026
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