Caterpillar board of directors elects CEO and presiding director

DEERFIELD, IL – The Board of Directors of Caterpillar Inc. (NYSE: CAT) elected Jim Umpleby, the company’s Chief Executive Officer, to the additional position of Chairman of the Board. Umpleby has been a member of the Board and Chief Executive Officer since Jan. 1, 2017.

Dave Calhoun, who has served as non-executive Chairman since April 1, 2017, will remain on the Board as Presiding Director.

Both moves are effective immediately.