Caterpillar Announces Appointment of Executive Officer, Chief Human Resources Officer Christy Pambianchi
Rhea-AI Summary
Caterpillar Inc. (NYSE: CAT) has appointed Christy Pambianchi as Chief Human Resources Officer (CHRO), effective May 1. Pambianchi will join Caterpillar's Executive Office, succeeding Cheryl H. Johnson, whose retirement was announced in January.
Pambianchi brings 18 years of CHRO experience across multiple industries, most recently serving as Chief People Officer at Intel, where she managed Human Resources, Corporate Real Estate, Corporate Social Responsibility, and the Transformation Management Office. At Intel, she oversaw operations for a company with over $53 billion in annual revenue.
Prior to Intel, Pambianchi held CHRO positions at Verizon and Corning, with responsibilities including information technology and comprehensive human resources management. She also worked at PepsiCo in roles of increasing responsibility. Pambianchi holds a bachelor's degree from Cornell University's School of Industrial and Labor Relations and is a fellow of the National Academy of Human Resources.
Positive
- Appointment of highly experienced CHRO with 18 years of leadership experience
- New CHRO brings expertise from managing HR at Intel, a $53B revenue company
- Extensive experience across multiple major corporations (Intel, Verizon, Corning, PepsiCo)
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CAT declined 8.64%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
"Our people are a source of innovation and competitive advantage, and we must continue to attract and retain the best talent to serve our customers," said Caterpillar Chairman and CEO Jim Umpleby. "Christy is an experienced executive with strong credentials and a history of demonstrated success. I am confident she will contribute to our journey of profitable growth."
As the Chief People Officer at Intel, Pambianchi led Human Resources, Corporate Real Estate, Corporate Social Responsibility, and the company's Transformation Management Office. Pambianchi has held CHRO roles at Verizon and Corning with responsibilities that included information technology and every aspect of human resources. She also held additional roles of increased responsibility at PepsiCo, Inc.
Pambianchi holds a bachelor's degree from Cornell University's School of Industrial and Labor Relations and is a fellow of the National Academy of Human Resources, serving on their board as well as several Human Resources boards to advance the profession.
About Caterpillar
With 2024 sales and revenues of
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SOURCE Caterpillar Inc.