College of Business & Technology
R.B. (Rob) Grove, Spring 2010
Rob Grove is currently the director of Caterpillar’s Treasury Operations, responsible for global banking relationships, internal and external funding, cash management, and foreign exchange/commodity hedging for the Caterpillar Inc. Machine & Engine business. He also provides leadership to Caterpillar regional treasury centers located in Geneva and Singapore. Primary responsibilities of this position are to maintain enterprise financial strength, ensure appropriate levels of enterprise funding, optimize the use of available cash, and manage the risks associated with foreign currency and commodity price movements.
Rob joined Caterpillar as a finance analyst in 1981. He is a graduate of Western Illinois University with a Bachelor of Business degree in finance and a Master’s Degree in business administration. He has had a diverse career at Caterpillar with assignments focused on both core treasury operations and financial marketing. Prior to his current position, he served as the Distribution Services Director for Caterpillar’s Asia Pacific Division, the Finance Director for Caterpillar Asia, and the 6 Sigma Deployment Champion for Asia Pacific Marketing, all based in Singapore. Other assignments include Finance Manager for North American Commercial Division’s Eastern and Canadian Regions, Treasurer of Caterpillar Brazil in Piracicaba, and Business Manager for Caterpillar Industrial Products. Rob has also had two finance representative assignments covering the Seattle and Billings Districts and the Caribbean/Central America dealers.
Rob is a previous finance director for New Life Christian Church in Morton, Illinois and is a current board member (vice president) for Peoria Friendship House of Christian Service.