IRVING, Texas, April 15, 2025 /PRNewswire/ -- After eight years as CEO and nearly 45 years of service, Caterpillar Inc. (NYSE: CAT) Chairman and CEO D. James Umpleby III will become Executive Chairman of the Board effective May 1. Chief Operating Officer (COO) Joseph E. Creed, a 28-year Caterpillar veteran, will succeed him as CEO and join the Board of Directors May 1. Caterpillar Chairman and CEO D. James Umpleby III will become Executive Chairman of the Board effective May 1. Joseph E. Creed, a 28-y ...

Company Pledges $100 Million to Help Equip Tomorrow's InnovatorsIRVING, Texas, April 14, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced an investment to support a key source of its success and longevity for the next 100 years: people. As part of the celebration, the company pledged $100 million over the next five years to help equip the workforce of the future with the skills needed, leveraging technology to meet global market demands as the world undergoes a rapid digital transformation. ...

Core Viewpoint - Caterpillar Inc. has appointed Christy Pambianchi as the new Chief Human Resources Officer (CHRO), effective May 1, succeeding Cheryl H. Johnson, who is retiring [1][2]. Group 1: Appointment Details - Christy Pambianchi has 18 years of experience as a CHRO across various industries, most recently at Intel, which has over $53 billion in annual revenue [2]. - Pambianchi's previous roles include CHRO positions at Verizon and Corning, where she managed human resources and information technology [3]. Group 2: Leadership Perspective - Caterpillar's Chairman and CEO, Jim Umpleby, emphasized the importance of attracting and retaining top talent for innovation and competitive advantage, expressing confidence in Pambianchi's ability to contribute to the company's growth [3]. Group 3: Company Overview - Caterpillar reported sales and revenues of $64.8 billion in 2024, positioning itself as the leading manufacturer in construction and mining equipment, as well as other industrial products [5]. - The company operates through three primary segments: Construction Industries, Resource Industries, and Energy & Transportation, along with a Financial Products segment [5].