• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Caterpillar Announces Appointment of Two New Independent Directors

    2/1/23 4:15:00 PM ET
    $CAT
    Construction/Ag Equipment/Trucks
    Industrials
    Get the next $CAT alert in real time by email

    Judith Marks and James Fish, Jr. to Join the Board; Thanks to Edward Rust for Service

    IRVING, Texas, Feb. 1, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) today announced that Judith (Judy) Marks, Chair, CEO and President of Otis Worldwide Corporation, and James (Jim) Fish, Jr., President and CEO of Waste Management (WM), have been appointed to the Caterpillar board of directors, effective March 1, 2023.

    Otis Worldwide Corporation Chair, CEO and President Judy Marks to join Caterpillar board of directors, effective March 1, 2023.

    Marks will serve on Caterpillar's Audit Committee and Compensation and Human Resources Committee. Fish will serve on Caterpillar's Audit Committee and Sustainability & other Public Policy Committee. The company also announced that Edward (Ed) Rust will not stand for re-election at the 2023 Annual Shareholder Meeting.

    "We are pleased to welcome leaders of such high caliber to our board," said Caterpillar Chairman and CEO Jim Umpleby. "With Judy's leadership of services growth and digital transformation at Otis, and Jim's leadership in developing sustainable solutions that support the transition to a lower-carbon economy, Caterpillar is well positioned to help our customers build a better, more sustainable world and deliver long-term profitable growth."

    Marks, 59, has led Otis, the world's leading company for elevator and escalator manufacturing, installation and service, as President since 2017 and was named CEO in 2019. She has served as a director of Otis since 2020 and was appointed as Chair in 2022. In April 2020, Marks led the successful spin of Otis to an independent publicly traded company. Additionally, Marks prioritized and advanced Otis' sustainability program by embedding it into the company strategy as a key element to drive added value for all stakeholders. Prior to joining Otis, she held senior leadership roles at Siemens AG, Lockheed Martin and IBM. In addition to serving on the Otis board, Marks is on the AdvanceCT board and is a member of the Business Roundtable and Chair of its Trade and International Committee.

    Fish, 60, has served as President, CEO and a member of the board of WM, North America's largest comprehensive waste management environmental solutions provider, since 2016. Since assuming the role of CEO, Fish has shifted the company's sustainability strategy to focus on minimizing its environmental impact by reducing carbon emissions, investing in differentiated innovative technologies and automation, and expanding recycling and renewable energy infrastructure to help customers achieve their sustainability goals. Prior to this role, he served as the company's CFO beginning in 2012, and held several other key leadership positions since joining the company in 2001. Before his career at WM, Fish held multiple senior leadership positions at Westex, Trans World Airlines and America West Airlines. He began his professional career at KPMG Peat Marwick.

    Rust, 72, has been a Caterpillar director since 2003 and is the retired Chairman and CEO of State Farm Mutual Automobile Insurance Company. He also previously served as Caterpillar's presiding director and chaired its Public Policy and Governance Committee.

    "On behalf of the entire board, I want to thank Ed for his leadership and guidance over the past 20 years," said Umpleby. "Ed's extensive business experience were of extreme value to our team."

    Following the 2023 Annual Shareholder Meeting, the Caterpillar board will be comprised of 11 directors, 10 of whom are independent.

    About Caterpillar

    With 2022 sales and revenues of $59.4 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/en/news/social-media.html.

    Forward-Looking Statements

    Certain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "forecast," "target," "guide," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance and speak only as of the date they are made, and we do not undertake to update our forward-looking statements.

    Caterpillar's actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors, including, but not limited to: (i) global and regional economic conditions and economic conditions in the industries we serve; (ii) commodity price changes, material price increases, fluctuations in demand for our products or significant shortages of material; (iii) government monetary or fiscal policies; (iv) political and economic risks, commercial instability and events beyond our control in the countries in which we operate; (v) international trade policies and their impact on demand for our products and our competitive position, including the imposition of new tariffs or changes in existing tariff rates; (vi) our ability to develop, produce and market quality products that meet our customers' needs; (vii) the impact of the highly competitive environment in which we operate on our sales and pricing; (viii) information technology security threats and computer crime; (ix) inventory management decisions and sourcing practices of our dealers and our OEM customers; (x) a failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures or divestitures; (xi) union disputes or other employee relations issues; (xii) adverse effects of unexpected events; (xiii) disruptions or volatility in global financial markets limiting our sources of liquidity or the liquidity of our customers, dealers and suppliers; (xiv) failure to maintain our credit ratings and potential resulting increases to our cost of borrowing and adverse effects on our cost of funds, liquidity, competitive position and access to capital markets; (xv) our Financial Products segment's risks associated with the financial services industry; (xvi) changes in interest rates or market liquidity conditions; (xvii) an increase in delinquencies, repossessions or net losses of Cat Financial's customers; (xviii) currency fluctuations; (xix) our or Cat Financial's compliance with financial and other restrictive covenants in debt agreements; (xx) increased pension plan funding obligations; (xxi) alleged or actual violations of trade or anti-corruption laws and regulations; (xxii) additional tax expense or exposure, including the impact of U.S. tax reform; (xxiii) significant legal proceedings, claims, lawsuits or government investigations; (xxiv) new regulations or changes in financial services regulations; (xxv) compliance with environmental laws and regulations; (xxvi) the duration and geographic spread of, business disruptions caused by, and the overall global economic impact of, the COVID-19 pandemic; and (xxvii) other factors described in more detail in Caterpillar's Forms 10-Q, 10-K and other filings with the Securities and Exchange Commission.

    Waste Management President and CEO Jim Fish, Jr. to join Caterpillar board of directors, effective March 1, 2023.

    A Caterpillar director since 2003, retired Chairman and CEO of State Farm Mutual Automobile Insurance Company Ed Rust will not stand for re-election.

    Caterpillar Inc (PRNewsfoto/Caterpillar Inc.)

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/caterpillar-announces-appointment-of-two-new-independent-directors-301736568.html

    SOURCE Caterpillar Inc.

    Get the next $CAT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CAT

    DatePrice TargetRatingAnalyst
    5/1/2025$395.00Perform → Outperform
    Oppenheimer
    5/1/2025$309.00Underperform → Neutral
    Robert W. Baird
    4/16/2025$283.00Underweight → Equal-Weight
    Morgan Stanley
    4/7/2025$243.00Neutral → Sell
    UBS
    2/3/2025$355.00 → $385.00Sell → Neutral
    UBS
    1/13/2025$365.00Underperform → In-line
    Evercore ISI
    11/13/2024$321.00 → $365.00In-line → Underperform
    Evercore ISI
    10/14/2024$349.00 → $332.00Equal-Weight → Underweight
    Morgan Stanley
    More analyst ratings

    $CAT
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Caterpillar Announces Virtual 2025 Shareholder Meeting

      IRVING, Texas, April 30, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) will hold a virtual annual shareholder meeting Wednesday, June 11 at 8 a.m. CDT. Shareholders owning Caterpillar common stock at the close of business on April 14, or their legal proxy holders, are entitled to participate, submit questions and vote on several items at the virtual annual meeting. Attendance and registration details, as well as information on items of business to be addressed at the meeting, can be found on page 83 in Caterpillar's 2025 proxy statement at www.caterpillar.com/proxymaterials

      4/30/25 2:03:00 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Cat Financial Announces First-Quarter 2025 Results

      NASHVILLE, Tenn., April 30, 2025 /PRNewswire/ -- Cat Financial reported first-quarter 2025 revenues of $860 million, an increase of $7 million, or 1%, compared with $853 million in the first quarter of 2024. The increase in revenues was primarily due to a favorable impact from higher average earning assets of $28 million, partially offset by an unfavorable impact from lower average financing rates of $15 million. First-quarter 2025 profit was $130 million, a decrease of $39 million, or 23%, compared with $169 million in the first quarter of 2024. First-quarter 2025 profit befo

      4/30/25 6:31:00 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar Reports First-Quarter 2025 Results

      First-quarter 2025 profit per share of $4.20; adjusted profit per share of $4.25Enterprise operating cash flow was $1.3 billion in the first quarter of 2025Deployed $4.3 billion of cash for share repurchases and dividends in the first quarterFirst Quarter ($ in billions except profit per share) 2025 2024 Sales and Revenues $14.2 $15.8 Profit Per Share $4.20 $5.75 Adjusted Profit Per Share $4.25 $5.60 Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 12 and 13.   IRVING, Texas, April 30, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) announced first-quarter 2025 results. Sales and revenues for the first quarter of 2025 were $14.2 billion, a 10% decr

      4/30/25 6:30:00 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials

    $CAT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Maclennan David bought $120,262 worth of shares (375 units at $320.70), increasing direct ownership by 6% to 6,653 units (SEC Form 4)

      4 - CATERPILLAR INC (0000018230) (Issuer)

      5/8/25 8:48:43 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Director Johnson Gerald bought $31,848 worth of shares (100 units at $318.48), increasing direct ownership by 3% to 3,165 units (SEC Form 4)

      4 - CATERPILLAR INC (0000018230) (Issuer)

      5/5/25 4:27:04 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • SEC Form 3 filed by new insider Pambianchi Christine M

      3 - CATERPILLAR INC (0000018230) (Issuer)

      5/2/25 2:21:22 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials

    $CAT
    Leadership Updates

    Live Leadership Updates

    See more
    • Caterpillar Announces Appointment of Executive Officer, Chief Human Resources Officer Christy Pambianchi

      IRVING, Texas, April 3, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) today announced the appointment of Christy Pambianchi to Chief Human Resources Officer (CHRO) effective May 1. Pambianchi will be a member of Caterpillar's Executive Office and will succeed Cheryl H. Johnson, whose retirement was announced in January. Pambianchi has served as a CHRO for the past 18 years at various companies across multiple industries, most recently serving as Chief People Officer at Intel, a global leader in semiconductor design and manufacturing with over $53 billion in annual revenue.

      4/3/25 9:00:00 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar Kicks Off its Next 100 Years of Innovation and Industry Leadership

      Company celebrates its centennial anniversary with employees, founders and communities IRVING, Texas, Jan. 9, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) today marked its 100th anniversary with celebrations throughout the U.S. that commemorate a monumental moment in the company's history. The iconic manufacturing company officially turns 100 on April 15, marking a century of customer-centric innovation and industry-leading transformation. The Holt Manufacturing Company and the C.L. Best Tractor Co. merged to form what was then known as the Caterpillar Tractor Co. in 1925.

      1/9/25 1:30:00 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar Announces Appointment of New Independent Director

      Nazzic Keene to Join the Board IRVING, Texas, Oct. 11, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) today announced that Nazzic S. Keene, former chief executive officer of Science Applications International Corporation (SAIC), has been appointed to the Caterpillar board of directors, effective Nov. 1.  Keene will serve on Caterpillar's Nominating & Governance Committee and Compensation & Human Resources Committee. "We are pleased to welcome a leader of such high caliber to our board," said Caterpillar Chairman and CEO Jim Umpleby. "With Nazzic's leadership history of drivi

      10/11/24 8:30:00 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials

    $CAT
    SEC Filings

    See more

    $CAT
    Financials

    Live finance-specific insights

    See more

    $CAT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $CAT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more

    $CAT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form 10-Q filed by Caterpillar Inc.

      10-Q - CATERPILLAR INC (0000018230) (Filer)

      5/7/25 9:31:50 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • SEC Form DEF 14A filed by Caterpillar Inc.

      DEF 14A - CATERPILLAR INC (0000018230) (Filer)

      4/30/25 1:07:06 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • SEC Form DEFA14A filed by Caterpillar Inc.

      DEFA14A - CATERPILLAR INC (0000018230) (Filer)

      4/30/25 1:08:10 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar Reports First-Quarter 2025 Results

      First-quarter 2025 profit per share of $4.20; adjusted profit per share of $4.25Enterprise operating cash flow was $1.3 billion in the first quarter of 2025Deployed $4.3 billion of cash for share repurchases and dividends in the first quarterFirst Quarter ($ in billions except profit per share) 2025 2024 Sales and Revenues $14.2 $15.8 Profit Per Share $4.20 $5.75 Adjusted Profit Per Share $4.25 $5.60 Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 12 and 13.   IRVING, Texas, April 30, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) announced first-quarter 2025 results. Sales and revenues for the first quarter of 2025 were $14.2 billion, a 10% decr

      4/30/25 6:30:00 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar Inc. to Announce First-Quarter 2025 Financial Results on April 30

      IRVING, Texas, April 16, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) will release first-quarter 2025 financial results at 5:30 a.m. CDT on Wednesday, April 30. The full text of the release will be available at investors.caterpillar.com/financials/quarterly-results and on PR Newswire. The release will be furnished to the U.S. Securities and Exchange Commission (SEC) via a Current Report on Form 8-K in compliance with applicable SEC rules. Teleconference and webcast access:A real-time, listen-only teleconference and webcast of the quarterly results call that Caterpillar con

      4/16/25 9:00:00 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar Inc. Maintains Dividend

      IRVING, Texas, April 9, 2025 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE:CAT) voted today to maintain the quarterly dividend of one dollar and forty-one cents ($1.41) per share of common stock, payable May 20, 2025, to shareholders of record at the close of business on April 21, 2025. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. Caterpillar has paid higher annual dividends to shareholders for 31 consecutive years and is recognized as a member of the S&P 500 Dividend Aristocrats I

      4/9/25 8:59:00 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Director Maclennan David bought $120,262 worth of shares (375 units at $320.70), increasing direct ownership by 6% to 6,653 units (SEC Form 4)

      4 - CATERPILLAR INC (0000018230) (Issuer)

      5/8/25 8:48:43 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Director Johnson Gerald bought $31,848 worth of shares (100 units at $318.48), increasing direct ownership by 3% to 3,165 units (SEC Form 4)

      4 - CATERPILLAR INC (0000018230) (Issuer)

      5/5/25 4:27:04 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Director Johnson Gerald bought $36,557 worth of shares (100 units at $365.57), increasing direct ownership by 3% to 3,053 units (SEC Form 4)

      4 - CATERPILLAR INC (0000018230) (Issuer)

      2/5/25 12:37:06 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar upgraded by Robert W. Baird with a new price target

      Robert W. Baird upgraded Caterpillar from Underperform to Neutral and set a new price target of $309.00

      5/1/25 7:42:13 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar upgraded by Oppenheimer with a new price target

      Oppenheimer upgraded Caterpillar from Perform to Outperform and set a new price target of $395.00

      5/1/25 7:42:13 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Caterpillar upgraded by Morgan Stanley with a new price target

      Morgan Stanley upgraded Caterpillar from Underweight to Equal-Weight and set a new price target of $283.00

      4/16/25 9:01:10 AM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Caterpillar Inc.

      SC 13G/A - CATERPILLAR INC (0000018230) (Subject)

      11/13/24 12:52:42 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • SEC Form SC 13G/A filed by Caterpillar Inc. (Amendment)

      SC 13G/A - CATERPILLAR INC (0000018230) (Subject)

      2/13/24 5:01:03 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials
    • SEC Form SC 13G/A filed by Caterpillar Inc. (Amendment)

      SC 13G/A - CATERPILLAR INC (0000018230) (Subject)

      2/9/24 6:19:03 PM ET
      $CAT
      Construction/Ag Equipment/Trucks
      Industrials