A global commercial and property insurer has announced a new addition to its board of directors.
David Walton, president and CEO of Caterpillar Financial Services, the financial products arm of American Fortune 100 corporation Caterpillar, has joined FM Global’s 12-member board, bringing a broad background in international operations and finance to the board, said Thomas Lawson, chairman and CEO.
“We look forward to benefitting from his wisdom and leadership and appreciate his commitment to FM Global’s continued success,” Lawson said.
Walton joined Cat Financial in 1989 and has served in a range of risk management, sales, and business unit leadership positions. He became Cat Financial’s president in April 2017 and is also a vice president of its parent company.