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Tag: Jim Owens
Business
Cat board of directors elects new CEO as Jim Owens retires
Following a previously announced succession plan, the Board of Directors of Caterpillar Inc. has elected Doug Oberhelman Chief Executive Officer (CEO) and a member of Caterpillar’s Board of Directors, effective July 1. Oberhelman succeeds Jim Owens as CEO, while Owens will remain Chairman of the Board until Oct. 31, when he will retire after more […]
June 16, 2010
Roadbuilding
Cat’s Q1 report increases its 2010 sales, profit outlook
Caterpillar Inc. today reported a first-quarter profit of $0.36 per share, up $0.55 per share from a loss of $0.19 per share in the first quarter of 2009. Excluding a tax charge of $90 million related to the recently signed U.S. health care legislation, profit in the first quarter of 2010 was $0.50 per share. […]
April 26, 2010
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