IRVING, Texas (April 15, 2025) — After eight years as CEO and nearly 45 years of service, Caterpillar Inc. Chairman and CEO D. James Umpleby III will become executive chairman of the board effective May 1. Chief Operating Officer (COO) Joseph E. Creed, a 28-year Caterpillar veteran, will succeed him as CEO and join the board of directors May 1.