The company said Thursday that Juan Carlos Villegas would take over as Finning Canada president and also retain his role as chief operating officer.
Current FC president Andy Fraser will become executive vice-president of customer and external relations for Finning International.
Both adjustments are effective immediately.
Finning said that the movements would help strengthen customer relationships and meet an operational excellence agenda in the country.
“This realignment of executive responsibilities capitalises on these leaders' strengths and aligns our structure at the senior level to meet our key priorities,” Finning International president and CEO Scott Thomson said.
First, he said, the newly created EVP role provided the company support in critical areas because Fraser’s focus would be to strengthen relationships with the company's largest customers.
He will also oversee community and government relations and provide additional support for dealer principals' ongoing collaboration with Caterpillar.
Additionally, Fraser will provide strategic oversight and coordination across its operations for safety.
The appointment of Villegas to president of Finning Canada will streamline the company’s decision-making and accountability for its operations in Canada.
Villegas, who will be based in Edmonton, will oversee all aspects of the country’s operations with a particular focus on delivering key priorities in supply chain, service excellence, asset utilization, market share growth and talent development.
“Andy (Fraser) has done a tremendous job of successfully navigating our Canadian operations through some challenges and has laid a solid foundation for greater operational improvements. His ability to build solid business partnerships as well as his experience in diverse markets will be invaluable in his new position,” Thomson said.
“Additionally, I am confident that Juan Carlos' [Villegas] experience and focus on execution will enable him to expand on the progress underway to further strengthen the Finning Canada business.”
Finning International, founded in 1933, is headquartered in Vancouver, British Columbia and operates in western Canada, Chile, Argentina, Bolivia, Uruguay, the United Kingdom and Ireland.