SAN ANTONIO, TX HOLT CAT®, the Caterpillar® Equipment and Engine dealer for South, Central, North and Northeast Texas, announces 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.

"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."

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.

"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."