Caterpillar Names Chief Human Resources Officer; Position Will Report Directly to CEO and be a Member of Executive Office

July 17, 2017

FOR IMMEDIATE RELEASE

Caterpillar Names Chief Human Resources Officer; Position Will Report Directly to CEO and be a Member of Executive Office

PEORIA, Ill. — Caterpillar Inc. (NYSE: CAT) today announced its board of directors has appointed Cheryl H. Johnson as the company’s Chief Human Resources Officer (CHRO) effective July 24, 2017. Johnson will report directly to Caterpillar CEO Jim Umpleby, and she will be a member of Caterpillar’s executive office. Johnson brings more than 20 years of human resources leadership experience to Caterpillar. Most recently, Johnson was executive vice president of human resources for Textron Inc., a $13.8 billion global multi-industry aerospace, defense and industrial manufacturing company.

“In today’s highly competitive global marketplace, we have to attract and retain the best talent in order to better serve our customers,” Umpleby said. “Cheryl is a proven executive leader, with a strong track record. She is joining Caterpillar as a member of our executive office. I’m confident Cheryl’s contributions will be significant as we work to profitably grow our company,” Umpleby said.

For the last five years, Johnson has been a member of Textron’s executive leadership team, leading the company’s worldwide human resources function as well as corporate communications, corporate real estate, community affairs and the company's aviation department. Johnson’s 20-year career with Textron has included a number of human resources roles with increasing levels of responsibility within several of its businesses. Prior to Textron, Johnson’s career encompassed multi-functional experience in human resources, marketing and  sales, and finance within several industries and diverse business models, including Sundstrand Corporation, IBM and the Rockford, Illinois, Public Schools.

Johnson is a board member of the HR Policy Association and is Chairperson of its Jobipedia Steering Committee. She holds a Bachelor of Science Degree in Operations Management and an MBA from Northern Illinois University.

About Caterpillar
For more than 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 2016 sales and revenues of $38.537 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/social-media.