Originally published Wednesday, May 5, 2010 at 2:49 PM
Comments (0)
E-mail article
Print
Share
Caterpillar announces several management changes
Heavy equipment maker Caterpillar is planning a number of management changes to follow Doug Oberhelman's promotion to CEO in July and replace several retiring executives.
The Associated Press
Heavy equipment maker Caterpillar is planning a number of management changes to follow Doug Oberhelman's promotion to CEO in July and replace several retiring executives.
The Peoria, Ill., company said Wednesday it will reduce the number of group presidents from six to five after Oberhelman becomes chief executive and reorganize the duties of several vice presidents.
Oberhelman says the new management structure will be leaner and more responsive. Oberhelman is working on an updated strategic plan that will be unveiled soon.
Caterpillar said one of its group presidents, Ed Rapp, will become chief financial officer to replace the retiring Dave Burritt.
Besides Burritt, four other longtime Caterpillar executives are retiring from vice president jobs.
---
On the Net:
Caterpillar Inc.: http://www.cat.com
UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case
UPDATE - 09:32 AM
Bank stocks push indexes higher; oil prices dip
UPDATE - 08:04 AM
Ford CEO Mulally gets $56.5M in stock award
UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall
NEW - 09:43 AM
Warner Bros. to offer movie rentals on Facebook
More Business & Technology headlines...
Entertainment | Top Video | World | Offbeat Video | Sci-Tech
general classifieds
Garage & estate salesFurniture & home furnishings
Electronics
just listed
More listings
POST A FREE LISTING
- Amazon’s plan for giant spheres gets mixed reaction
- No question: Russell Wilson's in charge now
- Pete Carroll on Seahawks' off-field problems: "It's real serious"
- Records: Slain intruder showed signs of mental breakdown
- Police: Brother-in-law ‘heavily involved’ in disposal of Susan Powell’s body
- Burt Bacharach opens up on daughter's suicide
- Ex-Great Wolf Lodge lifeguard charged with rape of guest, 14
- Man shot to death while questioned in Boston probe
- Is Catholic Church taking over health care in Washington? | Danny Westneat
- UW Medicine, Catholic health system to have ‘strategic affiliation’
- Game thread: Aaron Harang tries to halt Mariners slide 310
- Is Catholic Church taking over health care in Washington? 281
- Game thread: Mariners try to end trip with a win 218
- Official: Treasury played no role in IRS targeting 173
- Podcast: Mariners season hits crucial point 140
- Businesses refuse service to gays 114
- Mike Trout hits for cycle; Mariners hit rock bottom...again 91
- Mariners shuffle lineup, put Bay at leadoff and Morse at No. 3 84
- View from Sacramento: David Stern deserves statue, thanks 69
- GOP questions IRS scrutiny of anti-abortion groups 67
- UW Medicine, Catholic health system to have ‘strategic affiliation’
- Is Catholic Church taking over health care in Washington? | Danny Westneat
- Amazon’s plan for giant spheres gets mixed reaction
- Kemper Freeman plans $1.2 billion expansion in Bellevue
- UW expands online courses, this time from Harvard, MIT
- Catholic schools update to compete with charter schools
- China’s wealthy paying cash for Eastside luxury homes
- Italy on the plate by way of Ballard | Taste
- deafReview gives a voice to deaf consumers
- Earthquake scenarios show potential for huge damage, loss of life
