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Caterpillar Announces Executive Officer Retirement

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Caterpillar Inc. (NYSE: CAT) announced that Chief Human Resources Officer Cheryl H. Johnson will retire on April 30, 2025, after seven years with the company. Chairman and CEO Jim Umpleby acknowledged Johnson's contributions in transforming CAT's HR function, focusing on talent development, and fostering continuous improvement.

Johnson joined Caterpillar in 2017 after a 20-year career at Textron, where she led worldwide human resources, corporate communications, real estate, community affairs, and aviation operations. She currently serves on the board of Flowserve and the HR Policy Association, and is a member of the Executive Leadership Council. The company has initiated a search for a new CHRO.

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News Market Reaction – CAT

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+0.89% News Effect

On the day this news was published, CAT gained 0.89%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

IRVING, Texas, Jan. 15, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced Chief Human Resources Officer Cheryl H. Johnson will retire April 30 following an impactful seven-year career at the company.

"Cheryl's leadership and vision have transformed the Caterpillar HR function to align with the company's business strategy, sharpened our focus on talent development and cultivated a culture of continuous improvement," said Caterpillar Chairman and CEO Jim Umpleby. "On behalf of the entire Caterpillar team, I thank Cheryl for her dedicated service."

The company has launched a search to fill the CHRO position.

Before joining Caterpillar in 2017, Johnson had a successful 20-year career with Textron, ultimately serving as a member of its executive leadership team. Johnson was responsible for leading Textron's worldwide human resources function, as well as corporate communications, corporate real estate, community affairs, and the company's aviation department.

Johnson is a board member of Flowserve Corporation, the HR Policy Association and is a member of the Executive Leadership Council. She completed the Caterpillar Senior Executive Leadership Program in Corporate Education at Duke University and holds a master's degree in business administration and a bachelor's in operations management from Northern Illinois University.

About Caterpillar
With 2023 sales and revenues of $67.1 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. 

 

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SOURCE Caterpillar Inc.

FAQ

When is Caterpillar (CAT) CHRO Cheryl Johnson retiring?

Caterpillar's CHRO Cheryl Johnson will retire on April 30, 2025, after serving seven years with the company.

What were Cheryl Johnson's main achievements at Caterpillar (CAT)?

During her tenure, Johnson transformed CAT's HR function to align with business strategy, enhanced talent development, and fostered a culture of continuous improvement.

What was Cheryl Johnson's role at Textron before joining Caterpillar (CAT)?

Before joining CAT in 2017, Johnson spent 20 years at Textron, leading worldwide HR, corporate communications, real estate, community affairs, and aviation operations.

Has Caterpillar (CAT) named a successor for the CHRO position?

As of the announcement, Caterpillar has launched a search to fill the CHRO position, but no successor has been named yet.
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