Caterpillar (CAT) Announces CEO Change
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Caterpillar Chairman and CEO Jim Umpleby to become Executive Chairman; Caterpillar Chief Operating Officer Joe Creed Elected as Caterpillar's Next CEO
April 15, 2025 6:45 AM EDTIRVING, Texas, April 15, 2025 /PRNewswire/ -- After eight years as CEO and nearly 45 years of service, Caterpillar Inc. (NYSE: CAT) Chairman and CEO D. James Umpleby III will become Executive Chairman of the Board effective May 1. Chief Operating Officer (COO) Joseph E. Creed, a 28-year Caterpillar veteran, will succeed him as CEO and join the Board of Directors May 1.
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