Caterpillar Announces New Organization to Drive Sustained Improvements in Customer Deliveries and Operational Efficiencies and to Build on Recent Product Quality Improvements

Mon Apr 15, 2013 4:00pm EDT

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PEORIA, Ill.,  April 15, 2013  /PRNewswire/ -- Building on the foundation of 6
Sigma and the Caterpillar Production System (CPS), Caterpillar Inc. (NYSE: CAT)
today announced the creation of a new order-to-delivery organization.
Caterpillar's Board of Directors has appointed  Dave Bozeman, current
Caterpillar vice president with the responsibility for the Integrated
Manufacturing Operations Division, to lead the new organization. In his new
role, Bozeman will be senior vice president with responsibility for the
Caterpillar Enterprise System Group. He will be a member of Caterpillar's
Executive Office and will report directly to Caterpillar Chairman and CEO  Doug
Oberhelman. This change and others in this announcement will be effective  May
1, 2013.  

"In recent years, 6 Sigma and CPS have helped us achieve outstanding results in
safety, quality and profitability across the company," Oberhelman said. "But in
order to get to the next level of performance, we are bringing together the
critical processes and support groups to further improve our manufacturing and
supply chain capabilities worldwide. From the moment a customer signs a dealer
purchase order, until the product arrives at their door, customers will
experience a more responsive Caterpillar, driven by this new organization,"
Oberhelman added. "For the last few years, Dave has been successfully leading
one of the largest and most globally complex manufacturing divisions within
Caterpillar. Prior to joining Caterpillar, he held executive leadership
positions in manufacturing and quality with  Harley Davidson. These combined
experiences position Dave to be the ideal leader for this new group," said
Oberhelman. "Having Dave as part of our Executive Office will allow all of us to
work directly with him and his new team as we aggressively move to implement
these improvements for our customers."  

Since late 2012, Caterpillar Group President  Gerard Vittecoq  has been leading
a strategic initiative to establish an enterprise vision to deliver world-class
lean results, based upon process capability. "The Caterpillar Enterprise System
Group builds upon the strong foundation of our Caterpillar Production System and
6 Sigma. It starts with customer expectations and driving competitive advantage.
We are aligning all critical elements of our customer order-to-delivery process
with a holistic view that will deliver world-class results," said Vittecoq.  

As previously announced, Vittecoq will retire from Caterpillar on  May 31, 2013,
after more than 37 years with the company.  

Under Bozeman's leadership, the new Caterpillar Enterprise System Group will
combine existing divisions and organizations from several functional areas
within Caterpillar including Global Purchasing, Manufacturing Logistics &
Transportation, Caterpillar Production System,  Lean Office  and Process
Transformation.

New responsibilities for  Denise Johnson:

Caterpillar's Board of Directors has appointed  Denise Johnson  to replace
Bozeman as vice president with responsibility for the Integrated Manufacturing
Operations Division. Johnson is currently vice president with responsibility for
the Diversified Products Division.  

Previously, she was general manager of Caterpillar's Specialty Products Business
Unit, where she had responsibility for 17 facilities across the Americas, 
Europe  and  Asia. She joined Caterpillar in 2011 following a career with
General Motors (GM), where she developed deep expertise in manufacturing
operations and product management in a series of positions in the U.S.,  Canada 
and  Brazil.  

"Denise brought a proven, global track record in manufacturing and product
development leadership to Caterpillar, and in a short period of time, she has
demonstrated exceptional capabilities by driving process improvements and
greater business performance," said  Steve Wunning, Caterpillar group president
with responsibility for Resource Industries.   

New responsibilities for  Steve Larson:

With the decision to integrate the Manufacturing Logistics & Transportation
(ML&T) group of Cat Logistics into the new Caterpillar Enterprise System Group,
Caterpillar has decided to combine its parts distribution business and its
Diversified Products Division into a new division, which will be led by  Steve
Larson, current vice president with responsibility for the Parts Distribution &
Logistics Division. The new Division will be called the Parts Distribution &
Diversified Products Division and will include Parts Distribution, Global
Paving, Forest Products, Caterpillar Industrial & Waste Group, OEM Solutions
Group, Defense & Federal Products, Global Work Tools & Services and Caterpillar
Tunneling Canada.

"Steve has provided outstanding leadership for our Parts Distribution &
Logistics Division, including overseeing the sale of Caterpillar's third party
logistics business and the multi-year expansion and enhancement of the Cat parts
distribution network," said  Stu Levenick, Caterpillar group president with
responsibility for Customer & Dealer Support.  

Larson joined Caterpillar in 1979 and held a series of positions with growing
responsibilities in the areas of accounting, finance and marketing. In 1995, he
was named a product/marketing manager in the North American Commercial Division
(NACD), and later held positions as a district manager, product manager for
large track-type tractors and regional manager. In 2003, he moved to  Singapore 
to become a vice president of Caterpillar Financial Services Corporation. He was
named a Caterpillar vice president in 2007.  

About Caterpillar:
For more than 85 years, Caterpillar Inc. has been making sustainable progress
possible and driving positive change on every continent.  With 2012 sales and
revenues of  $65.875 billion, Caterpillar is the world's leading manufacturer of
construction and mining equipment, diesel and natural gas engines, industrial
gas turbines and diesel-electric locomotives.  The company also is a leading
services provider through Caterpillar Financial Services, Caterpillar
Remanufacturing Services and Progress Rail Services.  More information is
available at:  http://www.caterpillar.com.

Forward-Looking Statements
Certain statements in this press release relate to future events and
expectations and are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.  Words such as "believe,"
"estimate," "will be," "will," "would," "expect," "anticipate," "plan,"
"project," "intend," "could," "should" or other similar words or expressions
often identify forward-looking statements.  All statements other than statements
of historical fact are forward-looking statements, including, without
limitation, statements regarding our outlook, projections, forecasts or trend
descriptions. These statements do not guarantee future performance, and we do
not undertake to update our forward-looking statements.  

Caterpillar's actual results may differ materially from those described or
implied in our forward-looking statements based on a number of factors,
including, but not limited to: (i) global economic conditions and economic
conditions in the industries and markets we serve; (ii) government monetary or
fiscal policies and infrastructure spending; (iii) commodity or component price
increases, fluctuations in demand for our products, or limited availability of
raw materials and component products, including steel; (iv) our and our
customers', dealers' and suppliers' ability to access and manage liquidity; (v)
political and economic risks and instability, including national or
international conflicts and civil unrest; (vi) our and Cat Financial's ability
to: maintain credit ratings, avoid material increases in borrowing costs, and
access capital markets; (vii) the financial condition and credit worthiness of
Cat Financial's customers; (viii) changes in interest rates or market liquidity;
(ix) changes in financial services regulation; (x) inability to realize expected
benefits from acquisitions, including ERA Mining Machinery Limited, and
divestitures, including the divestiture of the Bucyrus International, Inc.
distribution business to our independent dealers; (xi) international trade and
investment policies; (xii) market acceptance of our products and services;
(xiii) changes in the competitive environment, including market share, pricing
and geographic and product mix of sales; (xiv) successful implementation of
capacity expansion projects, cost reduction initiatives and efficiency or
productivity initiatives, including the Caterpillar Production System; (xv)
inventory management decisions and sourcing practices of our dealers or original
equipment manufacturers; (xvi) compliance with environmental laws and
regulations; (xvii) alleged or actual violations of trade or anti-corruption
laws and regulations; (xviii) additional tax expense or exposure; (xix) currency
fluctuations; (xx) our or Cat Financial's compliance with financial covenants;
(xxi) increased pension plan funding obligations; (xxii) union disputes or other
labor matters; (xxiii) significant legal proceedings, claims, lawsuits or
investigations; (xxiv) compliance requirements imposed if carbon emissions
legislation and/or regulations are adopted; (xxv) changes in accounting
standards; (xxvi) failure or breach of information technology security; (xxvii)
adverse effects of natural disasters; and (xxviii) other factors described in
more detail under "Item 1A.  Risk Factors" in our Form 10-K filed with the SEC
on February 19, 2013 for the year ended December 31, 2012.  This filing is
available on our website at  www.caterpillar.com/secfilings. 

SOURCE  Caterpillar Inc.


Jim Dugan, Global Government & Corporate Affairs, 309-494-4100,
dugan_jim@cat.com

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