1. Caterpillar CEO Doug Oberhelman to Retire in 2017

    Caterpillar CEO Doug Oberhelman to Retire in 2017

    Caterpillar Inc said on Monday that chief executive Doug Oberhelman will retire in 2017 as the heavy equipment maker navigates a lengthy downturn its core businesses and will be replaced with Jim Umpleby, a long-time company insider ...

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    1. It is worth noting that much of the energy and transportation business is sold directly to end customers and not through dealers, so there will likely be a learning curve for him as he develops the critical relationships with CAT dealers.
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