What contributed to the increase in Caterpillar's earnings per share in 2014? attributed the increased EPS to better performance in several areas of its business. Overall, however, Caterpillar's revenues, operating profit, and net income all declined in 2014. rear of 2014 , the CEO received a $2 million performance bonus. Questions 1. What effect do you think the increase in treasury stock shares had on Caterpillar's EPS change in 2014? Explain. 2. Based on the information above, what effect do you think the company's performance had on the CEO's year-end bonus for 2014? Explain your answer. 3. What potential conflicts of interest can you identify in the determination of the CEO's compensation package? How might these conflicts be managed or eliminated