HOLT CAT News

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Peter J. Holt and Corinna Holt Richter will lead as CEO and President

SAN ANTONIO, Texas (Nov. 30, 2017) – HOLT CAT® (www.holtcat.com), the Caterpillar® Equipment and Engine dealer for South, Central, North and Northeast Texas, has announced today Peter J. Holt and Corinna Holt Richter will take over company operations. Effective Jan. 1, Holt will be named chief executive officer and general manager, and Richter will serve as president and chief administrative officer.

In this role, Holt will also retain his responsibility for all enterprise operating divisions, including HOLT CAT, HOLT AgriBusiness, Texas First Rentals, HOLT Truck Centers, HOLT Crane & Equipment and Sitech Tejas. Richter will continue to lead administrative divisions including human resources, safety, IT, facilities management, legal and marketing.

Since joining the company in 2011, Holt and Richter have had a major hand in guiding it through volatility in the oil and gas and manufacturing industries, and have been essential in the decision to keep the HOLT CAT headquarters in San Antonio.

“We are very excited to continue our family’s legacy, as we further operations in our hometown of San Antonio and expand in other major markets across Texas,” said Peter J. Holt, HOLT CAT CEO. “But our growth is not just in terms of geography. We are always looking at opportunities to bring new, dynamic services to our customers and the industry we serve.”

“The greatest thing we have gleaned from our father and grandfather, is employees and customers matter most,” said Corinna Holt Richter, HOLT CAT president. “Our Values-Based Leadership principles and corporate mission clearly outline the importance of providing a safe and fulfilling work environment for our employees and legendary customer service for our customers. These core values will continue to drive our success.”

About HOLT CAT®

HOLT CAT® sells, rents and services Caterpillar® machines, engines, generator sets and trucks in a 118-county Texas territory spanning from the Red River to the Rio Grande. HOLT offers total machine and engine rebuild capabilities, sells used equipment around the world and fabricates its own line of land clearing equipment and HOLT Spray King® water tankers. HOLT is also a Link-Belt Crane and AGCO agricultural products dealer.  SITECH Tejas, another division of HOLT, is the authorized dealer for Trimble Heavy and Highway construction products and services as well as AccuGrade grade-control products in the same 118 county territory in Texas.

The Holt name has been associated with heavy equipment and Caterpillar for over 100 years. HOLT CAT Chief Executive Officer, Peter J. Holt and HOLT CAT President, Corinna Holt Richter, are direct decedents of Benjamin Holt, who in 1904 developed the first successful track-type tractor which he named the “Caterpillar.” HOLT CAT has come to be synonymous with quality, integrity and commitment to customer service.

The HOLT CAT team is committed to providing rock solid stability with superior products and services to heavy equipment and engine users from “The Red River to the Rio Grande™.” For more information, visit www.holtcat.com.

 

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