Caterpillar Board of Directors Elects CEO Jim Umpleby as Chairman

Dave Calhoun will remain on the Board as Presiding Director

Jim Umpleby, Caterpillar CEO
Jim Umpleby, Caterpillar CEO

The Board of Directors of Caterpillar Inc. 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.

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