What Caterpillar is best in the world at making:
Wheel Loaders and Integrated Tool carriers.
Wheel Tractors and Compactors.
Telescopic Materials Handlers.
Engines/on highway trucks/Generator set.
Other Products (Diversification)
Board of Directors
Caterpillar’s Board of Directors is composed of 14 members. The Governance Committee of the Board of Directors selects the directors via a detailed process. The Governance Committee makes recommendations to the board regarding the size and composition of the board. The Governance Committee also monitors and makes recommendations regarding the board's performance. Attributes sought of potential board members include: integrity, honesty, and accountability; successful leadership experience and strong business acumen; forward-looking, strategic focus; collegiality; independence and absence of conflicts of interests; ability to devote necessary time to meet director responsibilities; and ability to commit to company stock ownership. Historically, board directors have played very passive roles in the development and implementation of corporate strategy. Caterpillar’s board members have a firm understanding of the industry and the critical role they play in the company’s success. As such, the board members’ level of involvement and engagement in planning, development, execution, and measurement of corporate strategy are very active.
Current Board Members are:
James Owens Frank Blount
Chairman/Chief Executive Officer CEO
(CEO) JL Ventures, Inc.
Dr. John Brazil
President, Trinity University John T. Dillon
Former CEO, International
Eugene Fife Gail Fosler
Managing Principal Vice President, Chief
Vawter Capital LLC Economist of Conference
Former CEO, Illuminis, Inc. Board/Director Unisys Corp
Juan Gallardo David Goode
Chairman, Grupo Embotelladoras Chairman/CEO Norfolk
Unidas S. A. de C. V. (Mexico) Southern Corporation
Peter Magowan William Osborn
Former Chairman/CEO Safeway Inc. Chairman/CEO Northern Trust
Gordon Parker Charles Powell
Former Chairman, Newmont Mining Chairman, Sagitta Asset Corporation Management Limited and Louis Vuitton U.K. Ltd.
Edward Rust Jr. Joshua Smith
Chairman/CEO, Stat Farm Mutual Chairman/Managing Partner Automobile CompanyCoaching Group, LLC
Caterpillar employs a matrix organizational structure to support its 26 business units (BUs). Caterpillar’s matrix structure is a cross between the functional/divisional and geographic organizational structures. Five Group Presidents oversee and provide direction...