Caterpillar Inc. Announces Leadership Transition with Joe Creed as Chairman of the Board
Caterpillar Welcomes Joe Creed as New Chairman
In a significant development, Caterpillar Inc. has recently announced that Joe Creed, the current CEO, will assume the position of Chairman of the Board of Directors beginning April 1, 2026. This change comes at the retirement of D. James Umpleby III, who has dedicated a remarkable 45 years to the company, including eight years as its CEO.
Transition Overview
Umpleby has been a pivotal figure at Caterpillar, playing an essential role in shaping the company’s operational prowess and strategic direction. As he prepares for retirement, he leaves behind a legacy of strong leadership and impactful changes that have substantially benefited the company’s trajectory. Dale L. Reed-Klages will remain as the lead independent director, ensuring continuity in governance.
Creed joined Caterpillar in 1997 and has risen through the ranks, holding several positions with escalating responsibilities, culminating in his appointment as CEO in May 2025. His extensive experience across multiple divisions positions him well to lead the company into its next era.
New Beginnings and Lasting Legacies
In his new role as Chairman, Creed aims to uphold Caterpillar's mission of meeting its customers' challenges head-on.
Topics Business Technology）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.