DEERFIELD, Ill., Dec. 13, 2018 /PRNewswire/ -- The Board of
Directors of Caterpillar Inc. (NYSE: CAT) elected Jim Umpleby, the company's Chief Executive
Officer, to the additional position of Chairman of the Board.
Umpleby has been a member of the Board and Chief Executive
Officer since January 1, 2017.
Dave Calhoun, who has served as
non-executive Chairman since April 1,
2017, will remain on the Board as Presiding Director.
Both moves are effective immediately.
About Caterpillar
For more than 90 years, Caterpillar Inc. has been making
sustainable progress possible and driving positive change on every
continent. Customers turn to Caterpillar to help them develop
infrastructure, energy and natural resource assets. With 2017 sales
and revenues of $45.462 billion,
Caterpillar is the world's leading manufacturer of construction and
mining equipment, diesel and natural gas engines, industrial gas
turbines and diesel-electric locomotives. The company principally
operates through its three primary segments - Construction
Industries, Resource Industries and Energy & Transportation -
and also provides financing and related services through its
Financial Products segment. For more information, visit
caterpillar.com. To connect with us on social media, visit
caterpillar.com/social-media.
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SOURCE Caterpillar Inc.