Douglas R. Oberhelman was elected chairman of the board of directors and chief executive officer (CEO) of Caterpillar Inc. in 2010.
Since becoming chairman and CEO, Oberhelman has led Caterpillar through accelerated business cycles, implementing cost-efficiencies and Lean manufacturing to simplify and improve global manufacturing and operations. He has also led the company to renew its focus on customers and reinforced its dedication to quality, sustainability and innovations critical to the success of Caterpillar customers and employees, and Cat dealers.
Oberhelman joined the Caterpillar treasury department in 1975 and has worked in or led a wide variety of businesses across the company. He was elected a Caterpillar vice president and chief financial officer (CFO) in 1995; and from 2002 to 2010 was a group president with responsibility for many of Caterpillar’s core businesses. Over the course of his career at Caterpillar he has lived in North America, South America and Asia, and has traveled extensively throughout the world.
Oberhelman serves on the board of directors of Exxon Mobil Corporation. He is on the executive committee of the Business Roundtable, a member of the Business Council and former chair of the National Association of Manufacturers. He is vice president of the Wetlands America Trust, a member of the Nature Conservancy’s Latin American Conservation Council and chairman of the board of trustees for the Easter Seals Foundation of Central Illinois. He has also served on the boards of Eli Lilly and Company and Ameren Corporation. Oberhelman earned a B.A. in finance from Millikin University.
For 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2014 sales and revenues of $55.184 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Construction Industries, Resource Industries and Energy Transportation - and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/en/news/social-media.html.