Caterpillar Inc.

Caterpillar Inc. is an American multinational corporation operating in the manufacture of heavy construction, mining, and industrial equipment. It is entirely commercial and industrial in nature, managed as a publicly traded private entity (Public Company), and its shares are traded on the New York Stock Exchange.

The company was founded in 1925 as the result of a merger between the businesses of two American industrialists, Benjamin Holt and C. L. Best. Currently, the company has an estimated market value of $21.32 billion and employs 118,000 people.

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Caterpillarhq

Caterpillar Inc.

Company type: Public
Founded: April 15, 1925
Key people:
Joe Creed (chairman & CEO)
Total equity: $21.3 billion (2025)

1 – Joseph E. Creed – Board Member

Year of Birth: 1973

Education:

Bachelor’s degree in Accounting from Western Illinois University

Professional Experience:

Joined Caterpillar Inc. in 1997
Management positions in the financial, energy, and transportation sectors
Chief Financial Officer (CFO)
Chief Executive Officer (CEO) since May 2025 Chairman of the Board since April 2026

2 – D. James Umpleby III – Executive Chairman of the Board

Year of Birth: 1958

Education:

Bachelor’s degree in Mechanical Engineering from Rose-Hulman Institute of Technology
Executive Management Program at Stanford University

Professional Experience:

Joined Caterpillar Inc. in 1980
Management of Solar Turbines (a Caterpillar subsidiary)
Chief Executive Officer (CEO) from 2017 to 2025
Chairman of the Board since 2018
Executive Chairman of the Board from 2025 until retirement in 2026

3 – Gerald Johnson – Board Member

4 – Nazzic Keene – Board Member

5 – David W. MacLennan – Board Member

6 – Judith Marks – Board Member

7 – Debra L. Reed-Klages – Board Member

8 – Susan C. Schwab – Board Member

1 – Use of Caterpillar equipment by Israel: Heavy machinery, particularly the D9 series bulldozers originally designed for civil engineering, have been used in Israel for years and have been modified by the Israel Defense Forces with armor and military equipment installations.

The utilization of these machines for the demolition of homes and infrastructure in the West Bank and the Gaza Strip has been evident in recent years. (1)

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