May 02--David Vaughan Investments Inc. has appointed Michael DeWalt to its board of directors.
DeWalt is a vice president at Caterpillar, Inc., with responsibility for its Finance Services Division. He will initially serve a three-year term.
He joined Caterpillar in 1981, and in his current position is responsible for a number of departments, including Corporate Accounting, Tax, Treasury, Pricing, Economics, Risk Management, Competitive Analysis, Strategic Planning and Investor Relations.
Prior to that, he served as the Chief Financial Officer for several corporate subsidiaries.
He has a bachelor's degree in accounting from Illinois State University, and is a graduate of the Executive Program at the University of Michigan.
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