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Douglas R. Oberhelman

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Title: Douglas R. Oberhelman  
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Douglas R. Oberhelman

Doug Oberhelman
Born February 25, 1953
Residence Edwards, Illinois[1]
Alma mater Millikin University (1975)
Occupation business executive
Years active 1975 (1975)–present[2][3]
Employer Caterpillar Inc.
Home town Woodstock, Illinois[2]
Title Chairman & CEO, Caterpillar Inc.
Term 2010–present
Predecessor James W. Owens
Board member of Eli Lilly and Company
The Nature Conservancy Illinois Chapter
Association of Equipment Manufacturers
National Association of Manufacturers
Manufacturing Institute
Wetlands America Trust
Ameren (former)
Easter Seals (former chairman)
Millikin University (former chairman)
South Side Bank (former)[3]
Spouse(s) Diane Cullinan Oberhelman[1][2][4]

Douglas R. Oberhelman (born February 25, 1953)[5] is an American businessman. He is the CEO of Caterpillar Inc. in Peoria, Illinois.

Biography

Early life

Oberhelman was raised in Woodstock, Illinois where his father was a John Deere salesman.[2] Oberhelman attended Millikin University, where he was a member of Sigma Alpha Epsilon. He graduated with a bachelor degree in 1975.

Career

Oberhelman joined Caterpillar shortly after his college graduation in 1975.[2][3] He become a Caterpillar Vice President in 1995, serving as Chief Financial Officer from 1995 to 1998.[3][6] He succeeded Jim Owens as CEO on July 1, 2010 and as Chairman of the Board on November 1, 2010.[3][6]

He sat on the board of Ameren until April 27, 2010.[7] He will serve as Vice Chairman of the Executive Committee of The Business Council in 2013 and 2014.[8][9]

In September 2009, he was elected to the Board of Directors of World Resources Institute.[10] [11]

Personal life

His wife, Diane Oberhelman, is chairwoman of Cullinan Properties Ltd.[1][4]

In 2011 Oberhelman earned a salary of $16.9 million, a sixty percent increase from his earnings the previous year.[12]

References

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