The Board of Directors of Caterpillar Inc. (NYSE: CAT) elected Jim Umpleby, the company’s chief executive officer, to the additional position of chairman of the board. Umpleby has been a member of the Board and Chief Executive Officer since January 1, 2017.
Dave Calhoun, who has served as non-executive Chairman since April 1, 2017, will remain on the board as presiding director.
Both moves are effective immediately.
Caterpillar Inc. also announced several changes in responsibilities for current vice presidents. The company’s board of directors also appointed a new vice president. All moves were effective January 1, 2019.
Caterpillar’s Services, Distribution and Digital (SD&D) segment is restructuring its distribution divisions to better serve its global customer and dealer base.
“By concentrating our distribution support into three distinct regions, we are better able to support our dealers and customers around the world,” said SD&D Group President Bob De Lange. “Our leaders will provide the expertise and focused local resources to support our dealers in offering the products, solutions and services our customers deserve.”
Raymond Chan, who was first named a vice president in 2015 and currently has responsibility for the Asia Pacific, CIS, Africa & Middle East Distribution Services division, will now oversee the Asia Pacific Distribution Services division.
Phil Kelliher will transition from the vice president of the Americas and Europe Distribution Services division to the vice president of the Americas Distribution Services division. Kelliher has been a Caterpillar vice president since 2015.
Nigel Lewis, currently vice president of Global Aftermarket Solutions division, will now have responsibility for the Europe, Africa and Middle East Distribution Services division. Lewis became a Caterpillar vice president in 2012.
New leadership for Global Aftermarket Solutions division
Current Global Construction & Infrastructure (GCI) division Vice President Damien Giraud, who was named a vice president in 2017, will now lead the Global Aftermarket Solutions division within SD&D.
“Damien’s deep product and marketing background will serve him well in his new role overseeing our aftermarket division, which is key to growing our services offerings,” said De Lange.
New vice president appointed for Global Construction & Infrastructure division
Caterpillar’s board of directors has appointed Jason Conklin, currently industry region manager within GCI, to the position of vice president of GCI.
“Jason brings nearly 20 years of progressive sales and product experience to this role and a strong background in building relationships with dealers and customers during assignments around the world. Combined with his ability to execute on strategic priorities, he is an excellent fit to lead GCI,” said Construction Industries Group President Tom Pellette.
Conklin joined Caterpillar as an intern in 1998 before moving into marketing and sales roles around the United States in various construction divisions. In 2012, he became the industry sales manager for the Building Construction Products division. He moved to Switzerland in 2015 to become a product manager within Caterpillar’s Earthmoving division before taking on his current role as industry region manager within GCI. Conklin holds a bachelor’s degree in Business Administration from the University of Illinois.
Caterpillar Inc. (NYSE: CAT) also announced that Zach Kauk, vice president of the Excavation division, is leaving the company to pursue other opportunities.
Replacing Kauk will be Tom Frake, current vice president of Global Power Solutions division (GPSD). Both moves are effective immediately.
“Tom’s deep expertise in both the machine and engine businesses, as well as his broad global experience during his more than three decades at Caterpillar, will position him well to lead the excavation team,” said Tom Pellette, Caterpillar group president of Construction Industries. “We thank Zach for his significant contributions and years of service to Caterpillar and our customers.”
A replacement for Frake will be named soon.