JIM UMPLEBY
LIFETIME OF ACHIEVEMENT IN MINING
Jim Umpleby is the Chairman and CEO of Caterpillar , the world famous US-based manufacturer of construction and mining equipment . D . James Umpleby III – to give him his full name – leads a team of 109,100 employees across 63 countries and is responsible for leading the company ’ s strategy for profitable growth , through “ operational excellence , expanded offerings , services and sustainability and driving positive change on every continent ”, he has said .
And these are challenging times for the company . Q1 2024 – as buoyant demand for machinery shows signs of slowing – Caterpillar warned of a fall-off in sales
Sales of its construction equipment business fell 5 % in the first quarter , while its division that caters to natural resources industries saw a sales decline of 7 %, Reuters reported .
Umpleby leads an organisation with a rich history . It was founded in Illinois nearly a century ago , and has gone on to become a world-famous name in the construction and mining sectors .
It has its roots in the 1925 merger of the Holt Manufacturing Company and CL Best Tractor Co , and has grown into a global powerhouse , producing an extensive range of earthmoving , mining , and power generation equipment .
Its product line-up is a testament to its versatility , but its DNA can be traced back to its iconic yellow bulldozers and excavators that have reshaped landscapes worldwide , as well as to the massive haul trucks and underground mining machinery that extract precious resources from the earth ' s depths .
The company ’ s reach today extends beyond construction and mining , with its diesel and natural gas engines , industrial gas turbines , and diesel-electric locomotives powering industries across the globe . “ We are committed to fostering a workplace that respects and celebrates our employees ’ diverse backgrounds ”
JIM UMPLEBY
TITLE : CHAIRMAN AND CEO COMPANY : CATERPILLAR
INDUSTRY : MINING & CONSTRUCTION
Jim leads a team of 109,100 employees across 63 countries and is responsible for leading the company ’ s strategy for profitable growth , through “ operational excellence , expanded offerings , services and sustainability and driving positive change on every continent ”.
20 June 2024