Douglas R. Oberhelman joined Caterpillar shortly after his college graduation in 1975. He become a Caterpillar Vice President in 1995, serving as Chief Financial Officer from 1995 to 1998. He succeeded Jim Owens as CEO on July 1, 2010 and as Chairman of the Board on November 1, 2010.
Caterpillar Inc., is an American corporation which designs, manufactures, markets and sells machinery and engines and sells financial products and insurance to customers via a worldwide dealer network. Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. With more than US$89 billion in assets, Caterpillar was ranked number one in its industry and number 44 overall in the 2009 Fortune 500.