Steven (Steve) M. Ferguson

Senior vice president of Caterpillar Inc. and CEO and dealer principal of Fabick Cat.

Steve Ferguson is senior vice president of Caterpillar and CEO and dealer principal of Fabick Cat dealership. He leads the Fabick team with a focus on building on the dealership’s more than 100-year legacy, strengthening the customer experience and driving continued growth across its service territory. 

Ferguson joined Caterpillar in 1990 and brings more than 35 years of global leadership experience across operations, finance, manufacturing and customer-facing businesses. He spent the first decade of his Caterpillar career in mining. He later held divisional chief financial officer roles in Large Power Systems and Excavation and served as chief financial officer for Caterpillar’s Construction Industries segment while based in Singapore. He served as general manager of Advanced Component Manufacturing. 

In 2018, Ferguson was named senior vice president of the Industrial Power Systems Division, where he led the global organization responsible for the design, manufacturing, marketing and sales of industrial Cat® and Perkins engines and Caterpillar Defense products. In 2025, he also assumed responsibility for Caterpillar’s enterprise Modern Manufacturing workstream to improve the company’s global manufacturing capability. 

Throughout his career, Ferguson has built experience leading global teams; driving lean, cost-competitive operations; pursuing growth opportunities; and strengthening collaboration across the enterprise and Caterpillar’s go-to-market channels. 

He holds a bachelor’s degree in business from Eastern Illinois University and is a graduate of the Northwestern Advanced Executive Development Program.