Daugherty joined Caterpillar as an intern in 1990. Upon graduating from Purdue University with a bachelor's degree in accounting, she was hired as a production accounting clerk. Over the next 10 years, she held a series of positions with increasing responsibility in accounting and business support. In 2002, she was named controller for the Engine Division. She was previously the corporate consolidation manager based in Peoria, Ill., business support manager for Asia based in Singapore, business resource manager in Gosselies, Belgium, and group CFO in Geneva, Switzerland. In addition to her bachelor's degree from Purdue, Daugherty has a master's degree in business administration from Indiana Wesleyan University. She is a certified public accountant. Daugherty will assume her new position effective October 1, 2013. About Caterpillar: For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent.