Edward (Kim) Foley III

Director,
Audit Committee,

Compensation Committee,
Chairman of Foley Inc.,
US Marine (1967-1971)

Kim Foley is Chairman of the Board of Foley, Incorporated, the Caterpillar dealership serving northern New Jersey, Staten Island, and Bermuda. Caterpillar is the world’s leading supplier of machines, engines, and support services for customers dedicated to building infrastructure and developing and transporting resources. Foley, Incorporated, sells, rents, and services the full line of Caterpillar construction equipment, power generation units, and on-highway and marine engines, as well as an extensive array of allied rental tools and equipment. In his current role, Kim provides the vision and future direction for the organization and is a board member of the corporation.

Under his leadership, Foley, Incorporated, has pioneered new initiatives to better serve its customers, including the recent deployment of 6 Sigma throughout the organization, and a new state-of-the-art computer-based transactional system. In 2003 Foley, Incorporated, was the recipient of Caterpillar’s prestigious Annual Quality Improvement Award. Kim also sponsored the development of Foley, Incorporated, Company Values, a code of conduct consisting of Trust, Mutual Respect, Communication, Excellence, and Success.

Kim is a graduate of the University of Denver and holds a bachelor’s degree. He also attended Harvard’s School of Business Administration, Smaller Company Management Program (now known as OMP).

Kim served in the United States Marine Corps as an officer from 1967 to 1971. While in Vietnam, he was a platoon commander, and company commander for various units of the 1st Marine Division.

In addition to Kim’s commitment to the success of Foley, Incorporated, he is very involved in the community. His positions have included: Board Member, Morristown Memorial Hospital Health Foundation; Past Board President, The Peck School; Past Board President, Morristown Board School; Young Presidents’ Organization, NJ Presidents’ Association; Board Member, NJ Chamber of Commerce; Director, NJ Alliance for Action; Director, Defense Orientation Conference; Director, Life Camp of the Newark Boys and Girls Club.

Kim and his wife, Noel, live in Morristown, New Jersey. They have two sons, one daughter, and four grandchildren. The two sons are the fourth generation of Foleys to have entered the management of the company. Jamie is the President of Foley, Incorporated, and Ryan is the VP of Foley Rents/Customer Relationships.

Outside of work, Kim’s interests include being an avid pilot, skier, and horseman.