Doug Oberhelman is chairman of the board of directors and chief executive officer (CEO) of Caterpillar Inc.
Oberhelman was named vice chairman and CEO-elect in October 2009, and immediately began to develop the company’s future strategic plan. Since becoming CEO on July 1, 2010 and chairman on November 1, 2010, he has led the successful implementation of that plan.
Oberhelman joined the Caterpillar treasury department in 1975 and has worked in or led a wide variety of businesses across the company. He was elected vice president and chief financial officer in 1995, and became a group president in 2002 with responsibility for Caterpillar’s engine and power systems businesses. Over the course of his career at Caterpillar he has lived and worked in North America, South America and Asia.
Oberhelman is a member of the board of directors of Eli Lilly and Company, chairman of the National Association of Manufacturers and vice chairman of the Business Council. He is also chairman of the International Engagement Committee and on the executive committee of the Business Roundtable. He is a member of the Nature Conservancy’s Latin America Conservation Council, vice president of the Wetlands America Trust and chairman of the Board of Trustees for the Easter Seals Foundation of Central Illinois. He earned a bachelor’s degree in finance from Millikin University.
For nearly 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 2013 sales and revenues of $55.656 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 - Resource Industries, Construction Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment.