Caterpillar Management

Management criteria checks 2/4

Caterpillar's CEO is Jim Umpleby, appointed in Jan 2017, has a tenure of 7.83 years. total yearly compensation is $25.83M, comprised of 6.8% salary and 93.2% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth ARS215.87B. The average tenure of the management team and the board of directors is 4.8 years and 5.8 years respectively.

Key information

Jim Umpleby

Chief executive officer

US$25.8m

Total compensation

CEO salary percentage	6.8%
CEO tenure	7.8yrs
CEO ownership	0.1%
Management average tenure	4.8yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Umpleby's remuneration changed compared to Caterpillar's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$11b
Jun 30 2024	n/a	n/a	US$11b
Mar 31 2024	n/a	n/a	US$11b
Dec 31 2023	US$26m	US$2m	US$10b
Sep 30 2023	n/a	n/a	US$9b
Jun 30 2023	n/a	n/a	US$8b
Mar 31 2023	n/a	n/a	US$7b
Dec 31 2022	US$21m	US$2m	US$7b
Sep 30 2022	n/a	n/a	US$7b
Jun 30 2022	n/a	n/a	US$7b
Mar 31 2022	n/a	n/a	US$6b
Dec 31 2021	US$24m	US$2m	US$6b
Sep 30 2021	n/a	n/a	US$5b
Jun 30 2021	n/a	n/a	US$4b
Mar 31 2021	n/a	n/a	US$3b
Dec 31 2020	US$14m	US$2m	US$3b
Sep 30 2020	n/a	n/a	US$3b
Jun 30 2020	n/a	n/a	US$4b
Mar 31 2020	n/a	n/a	US$5b
Dec 31 2019	US$35m	US$2m	US$6b
Sep 30 2019	n/a	n/a	US$6b
Jun 30 2019	n/a	n/a	US$6b
Mar 31 2019	n/a	n/a	US$6b
Dec 31 2018	US$27m	US$1m	US$6b
Sep 30 2018	n/a	n/a	US$4b
Jun 30 2018	n/a	n/a	US$3b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	US$14m	US$1m	US$754m

Compensation vs Market: Jim's total compensation ($USD25.83M) is above average for companies of similar size in the AR market ($USD5.78M).

Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.

CEO

Jim Umpleby (66 yo)

7.8yrs

Tenure

US$25,830,332

Compensation

Mr. D. James Umpleby III, also known as Jim, has been the Chief Executive Officer and Director of Caterpillar Inc. since January 1, 2017 and has been its Chairman of the Board since December 12, 2018. Mr....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
D. Umpleby	Chairman of the Board & CEO	7.8yrs	US$25.83m	0.12% ARS 215.9b
Andrew R. Bonfield	Chief Financial Officer	6.2yrs	US$8.36m	0.013% ARS 25.0b
Joseph Creed	Chief Operating Officer	less than a year	US$7.24m	0.0050% ARS 9.2b
Denise Johnson	Group President of Resource Industries	8.6yrs	US$7.50m	0.0074% ARS 13.6b
William Schaupp	VP & Chief Accounting Officer	2.8yrs	no data	0.00035% ARS 648.7m
Otto Breitschwerdt	CTO & Senior VP	no data	no data	no data
Jamie Engstrom	Senior VP & Chief Information Officer	4.8yrs	no data	no data
Ryan Fiedler	Vice President of Investor Relations	no data	no data	no data
Courtney Dean	Chief Compliance Officer	2.8yrs	no data	no data
Derek Owens	Chief Legal Officer & General Counsel	less than a year	no data	0.00085% ARS 1.6b
Cheryl Johnson	Chief Human Resources Officer	7.3yrs	no data	0.0027% ARS 5.1b
Matthew Jones	Chief Audit Officer	4.8yrs	no data	no data

4.8yrs

Average Tenure

58yo

Average Age

Experienced Management: CAT's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
D. Umpleby	Chairman of the Board & CEO	7.8yrs	US$25.83m	0.12% ARS 215.9b
David MacLennan	Independent Director	3.6yrs	US$329.76k	0.0013% ARS 2.4b
Susan Schwab	Independent Director	15.4yrs	US$324.91k	0.0022% ARS 4.2b
Daniel Dickinson	Independent Director	18.8yrs	US$371.63k	0.0010% ARS 1.9b
Debra Reed-Klages	Independent Director	9.8yrs	US$392.64k	0.0025% ARS 4.7b
Rayford Wilkins	Independent Director	7.8yrs	US$349.91k	0.0016% ARS 2.9b
Judith Marks	Independent Director	1.7yrs	US$294.91k	0.00025% ARS 463.3m
James Fish	Independent Director	1.7yrs	US$294.91k	0.0011% ARS 2.1b
Nazzic S. Keene	Independent Director	no data	no data	0.000010% ARS 18.5m
Gerald Johnson	Independent Director	3.7yrs	US$324.91k	0.00059% ARS 1.1b

5.8yrs

Average Tenure

64yo

Average Age

Experienced Board: CAT's board of directors are considered experienced (5.8 years average tenure).

Caterpillar Management

Management criteria checks 2/4

Key information

Recent management updates

Caterpillar Inc. Announces Appointment of Nazzic S. Keene as Independent Director, Effective November 1, 2024

Caterpillar Inc., Annual General Meeting, Jun 12, 2024

David L. Calhoun Not Stand Re-Election as Board of Director of Caterpillar Inc

Caterpillar Inc Appoints Jason Kaiser as Group President of the Energy & Transportation Segment, Effective January 1, 2024

Caterpillar Inc Appoints Jason Kaiser as Senior Vice President of the Electric Power Division

Caterpillar Inc. Appoints Joseph E. Creed as Chief Operating Officer

Recent updates

Caterpillar Inc. Successfully Demonstrated the Fully Autonomous Operation of Its Cat 777 Off-Highway Truck

Caterpillar Inc. to Report Q3, 2024 Results on Oct 30, 2024

Caterpillar Inc. Announces Appointment of Nazzic S. Keene as Independent Director, Effective November 1, 2024

Caterpillar Inc Announces Quarterly Dividend, Payable November 20, 2024

Caterpillar Inc Introduces Groundbreaking Dynamic Energy Transfer Solution for Battery and Diesel-Electric Mining Equipment

Caterpillar Inc. to Report Q2, 2024 Results on Aug 06, 2024

Caterpillar Inc Raises the Quarterly Dividend, Payable August 20, 2024

Caterpillar Inc., Annual General Meeting, Jun 12, 2024

Caterpillar Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2024

Caterpillar Inc. to Report Q1, 2024 Results on Apr 25, 2024

Caterpillar Inc. Announces Quarterly Dividend, Payable on May 20, 2024

David L. Calhoun Not Stand Re-Election as Board of Director of Caterpillar Inc

Caterpillar Inc. to Report Q4, 2023 Results on Feb 05, 2024

Caterpillar Inc. Successfully Demonstrates to Newmont its Expanding Portfolio of Sustainable Underground Solutions and Technologies

Caterpillar Inc Appoints Jason Kaiser as Group President of the Energy & Transportation Segment, Effective January 1, 2024

Caterpillar Inc Appoints Jason Kaiser as Senior Vice President of the Electric Power Division

Caterpillar Inc. Announces Quarterly Dividend, Payable February 20, 2024

Caterpillar Inc. to Report Q3, 2023 Results on Oct 31, 2023

Caterpillar Inc. Appoints Joseph E. Creed as Chief Operating Officer

Caterpillar Inc. Announces Executive Changes

Caterpillar Inc. Announces Quarterly Dividend, Payable November 20, 2023

Caterpillar Inc. Announces Executive Changes

Caterpillar Inc. Declares Quarterly Dividend, Payable on August 18, 2023

Edward Rust Not to Stand for Re-Election to the Board of Caterpillar Inc

Caterpillar Inc. Announces Executive Changes

Caterpillar Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2022

Caterpillar Inc. to Report Q4, 2022 Results on Jan 31, 2023

Caterpillar Names Chief Sustainability Officer Changes

Caterpillar Inc. Declares Quarterly Dividend, Payable on February 17, 2023

Caterpillar Successfully Demonstrates First Battery Electric Large Mining Truck and Invests in Sustainable Proving Ground

Caterpillar Inc. to Report Q3, 2022 Results on Oct 27, 2022

Caterpillar Inc. Maintains Quarterly Dividend of Common Stock, Payable November 18, 2022

Caterpillar Expands Construction Industries Portfolio with Four Battery Electric Machines

Caterpillar Inc. to Report Q2, 2022 Results on Aug 02, 2022

Caterpillar Inc. Increases Dividend, Payable on August 19, 2022

Caterpillar to Launch Demonstration Project Using Hydrogen-Fueled Combined Heat and Power System

Caterpillar Inc. (NYSE:CAT) announces an Equity Buyback for $15,000 million worth of its shares.

Endeavor Business Media, LLC acquired Microgrid Knowledge.

Caterpillar Inc. to Report Q1, 2022 Results on Apr 28, 2022

Caterpillar Inc. Maintains Quarterly Dividend, Payable on May 20, 2022

Gary Michael Marvel, Announces Intention to Retire from Caterpillar Inc., Effective April 1, 2022

Caterpillar to Showcase Sustainability, Safety and the Future of Mining at MINExpo 2021

Caterpillar Inc. (NYSE:CAT) acquired Enhanced Energy Group LLC.

Caterpillar Inc. Announces Appointment of Gerald Johnson to Its Board of Directors

ioneer Ltd and Caterpillar Sign Memorandum of Understanding

Caterpillar Inc. (NYSE:CAT) completed the acquisition of Weir Oil & Gas from The Weir Group PLC (LSE:WEIR).

Caterpillar Inc. to Report Q4, 2020 Results on Jan 29, 2021

Polygiene and Caterpillar in Exciting Partnership

Caterpillar Announces Executive Changes

Caterpillar Inc. (NYSE:CAT) signed an agreement to acquire Weir Oil & Gas from The Weir Group PLC (LSE:WEIR) for approximately $410 million.

Caterpillar, Inc. entered into a definitive agreement to acquire Rail and Non-Cat Engine Component Remanufacturing Business from O.E.M. Remanufacturing Company, Inc.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age