Caterpillar CEO to retire
Published by Rebecca Bowden,
Assistant Editor
World Cement,
Caterpillar Inc Chairman and CEO Doug Oberhelman has elected to retire after more than 41 years with the company, effective 31 March 2017. Oberhelman led the company to its highest sales and revenue peak in its 91-year history in 2012, and, since that time, has successfully led the company through the unprecedented downturn affecting our key industries.
Jim Umpleby, who is currently a Caterpillar Group President with responsibility for Energy and Transportation has been elected by the Board of Directors to succeed as CEO. Umpleby has been with the company for 35 years and will join the Board and become CEO effective 1 January 2017.
Read the article online at: https://www.worldcement.com/the-americas/19102016/caterpillar-ceo-to-retire/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, we are joined by Eoin Condren, Corporate Development Executive Director for Ecocem. Topics covered include: the importance of investing in innovation, the role of policy and legislation in supporting next generation cement products, and a look at some exciting new technologies.
Sublime Systems and Microsoft sign long-term purchase to transform clean cement market
Microsoft is purchasing up to 623K tons of cement products from Sublime’s first commercial factory and subsequent full-scale factory over a six- to nine-year period.
