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Management ChangeMar 29, 2026, 11:06 PM

Caterpillar Executive Chairman D. James Umpleby III to Resign from Board; CEO Joseph E. Creed to Assume Chairman Role

AI Summary

Caterpillar announced that Executive Chairman D. James Umpleby III will resign from the Board, effective April 1, 2026. Current CEO Joseph E. Creed will assume the role of Chairman of the Board on the same date. This leadership transition marks a shift in the company's governance structure.

Key Highlights

  • D. James Umpleby III resigns from Caterpillar's Board effective April 1, 2026.
  • Joseph E. Creed, current CEO, will become Chairman of the Board on April 1, 2026.
  • Board size will decrease from ten to nine directors.
View SEC Filing
CAT
Construction/Ag Equipment/Trucks
CATERPILLAR INC

Price Impact

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