E. Jean Savage, a member of the Company’s Board of Directors and Vice President of the Surface Mining & Technology division of Caterpillar Inc. (NYSE: CAT), has been appointed Chief Executive Officer and President, effective February 17, 2020.
Ms. Savage (55) has served as a member of Trinity’s Board since November 2018 and brings significant executive experience in the industrial, engineering and rail transportation sectors.
Ms. Savage most recently spent 17 years at Caterpillar Inc. in a variety of senior leadership positions. Since 2017, she has served as Vice President of the Surface Mining & Technology division of Caterpillar Inc., a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. In this role, Ms. Savage oversaw the division’s end-to-end value chain, ensuring a customer-centric approach in product design, development, operations, and sales. She was also responsible for Caterpillar’s Sales and Marketing and Technology groups, which covered all products in Caterpillar’s Resource Industries Group, serving the mining sector.
From 2014 to 2017, Ms. Savage was Chief Technology Officer and Vice President of Caterpillar’s Innovation and Technology Development Division.
From 2009 to 2014, Ms. Savage held various leadership roles in Caterpillar’s subsidiary Progress Rail Services (“PRS”), an integrated and diversified supplier of railroad and transit products and services as well as railcar leasing, including serving as Senior Vice President and Chief Operating Officer of the Locomotive and Railcar Services business unit for PRS from 2002 to 2013.
Ms. Savage joined PRS in 2002 as Vice President for Quality and Continuous Improvement. She also served as Vice President of Progress Rail’s Freight Car Repair, Parts and Quality Divisions.
Prior to joining Caterpillar, Ms. Savage worked in a variety of operations and engineering positions in her 14 years at Parker Hannifin Corporation, a leader in motion and control technologies and systems.
Ms. Savage began her career spending nine years as an Intelligence Officer in the U.S. Army Reserves.
She has a bachelor’s degree in electrical and computer engineering from the University of Cincinnati and a master’s degree in engineering management from the University of Dayton.
Trinity Industries Inc. owns a variety of businesses which provide product and services to the industrial, energy, transportation and construction sectors.
Now, the company has five business groups which are Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group and Railcar Leasing Management Services Group.