Jim Umpleby Related Content

IronTrax Shares Construction Industry Outlook, Sector Insights and Trends

IronTrax shared insights on the construction industry for Q1/24, focusing on several topics that pertain to the industry as a whole, including an industry outlook for 2024, the anticipated plunge in office real estate values, a surge in job openings, the record-high share price achieved by Caterpillar and a summary of trends in used equipment values. read more

Caterpillar Names New Chief Sustainability & Strategy Officer

George Moubayed, current senior Vice president of the Enterprise Strategy Division, will assume additional responsibilities as the chief sustainability and strategy officer of Caterpillar, effective Jan. 1, 2024. read more

Long to Retire as Caterpillar’s Chief Legal Officer; Owens Selected as Replacement

Suzette M. Long, chief legal officer and general counsel at Caterpillar, will retire on Dec. 31 following an 18-year career at the company. Derek Owens, who currently serves as vice president and deputy general counsel, will become chief legal officer and general counsel, effective Jan. 1. read more

Caterpillar Foundation Donates $1MM to Fight Racism and Social Injustice

The Caterpillar Foundation, the philanthropic arm of Caterpillar, donated $500,000 to the Equal Justice Initiative and $500,000 to the NAACP Legal Defense and Educational Fund. read more

Caterpillar Makes Several Officer Changes, Creates New Divisions

Caterpillar shifted several officers into leadership positions, which included changes in responsibilities for three executive office members, new roles for two current vice presidents and the appointment of two new vice presidents. read more

Caterpillar Q3 EPS Highest in Company History

Caterpillar announced Q3/18 sales and revenues of $13.5 billion, up 18% from $11.5 billion a year earlier. CAT noted its EPS of $2.88 was a Q3 record. read more

Caterpillar Reports 24% Increase in Sales and Revenues in Q2/18

Caterpillar reported Q2/18 sales and revenues of $14.0 billion, compared with $11.3 billion in Q2/17, marking a 24% increase. read more

Caterpillar Names Bonfield New Chief Financial Officer

Caterpillar appointed Andrew Bonfield chief financial officer effective September 1, 2018. Joe Creed, Caterpillar Finance Services division vice president, will serve as interim CFO. read more

Caterpillar Raises FY Forecast, Reports 27% Increase in NA Sales

In its third quarter earnings report, Caterpillar raised its full-year forecast, marking the third time it has done that this year. read more

Caterpillar Chief Financial Officer Halverson to Retire in 2018

Brad Halverson, group president and chief financial officer for Caterpillar, will retire in early 2018. read more

Caterpillar Raises Expectations on Higher Q1 Results

Caterpillar reported Q1/17 sales and revenues of $9.8 billion were up 3.8% compared to Q1/16. As a result of a stronger than expected start to the year, CAT increased its expectations for full-year 2017 sales and revenues. read more

Caterpillar Q4/16 Sales Down 12.7%; NA Hurt by Low End-User Demand

Caterpillar reported Q4/16 sales and revenues of $9.6 billion, which was down 12.7% from the $11.0 billion recorded in Q4/15. In North America, sales decreased 13.5% year-over-year due to lowered end-user demand. read more

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