People: Caterpillar Inc (CAT)
20 Jan 2017
Mr. Donald James Umpleby, III, has been appointed as Chief Executive Officer, Director of the Company, effective January 1, 2017. He is no longer Group President - Energy & Transportation of Caterpillar Inc., effective January 1, 2017, He was elected to his current position as a Vice President of the Company and President of Solar Turbines Incorporated (“Solar”), in 2010. During his 32 year career, Mr. Umpleby has held a number of positions with increasing responsibilities. Mr. Umpleby joined Solar in 1980 as an associate engineer and over the next fifteen years, he held various engineering and sales positions with responsibilities in the U.S. and Asia. In 1995, he became the Director of Power Systems Operations and Facility Manager of Solar’s Kearny Mesa gas turbine packaging facility. In 1997, he became a Solar Vice President with responsibility for customer services, followed by responsibilities as Vice President of Turbomachinery Products and Power Generation. In 2005, Mr. Umpleby assumed responsibilities as the General Manager, Global Services in the Product Support Division. He was named Solar’s Vice President for Oil and Gas in 2007, a position which he held until his election as Vice President of the Company and President of Solar.
|Total Annual Compensation, USD||1,063,530|
|Restricted Stock Awards, USD||1,264,700|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||6,820,140|
|Fiscal Year Total, USD||9,148,370|