Caterpillar Promotes John Creed to Chief Operating Officer
By Dean Seal
Caterpillar has promoted John Creed, current head of its energy
and transportation group, to its newly created position of chief
The construction-equipment maker said Monday that Creed will
officially join the C-suite on Nov. 1 and report directly to Chief
Executive Jim Umpleby.
Creed's successor in the energy and transportation group will be
named at a later date, Caterpillar said.
Creed joined the company in 1997 and has worked in multiple
Caterpillar divisions. He was promoted to chief financial officer
of the energy and transportation group in 2013 and then to vice
president of the company's finance services division in 2017. In
2018, he served as the company's interim chief financial officer,
and later took over as group president of energy and
The promotion comes less than a week after Caterpillar tapped
George Moubayed, current senior vice president of its enterprise
strategy division, to be its next chief sustainability and strategy
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(END) Dow Jones Newswires
October 16, 2023 09:35 ET (13:35 GMT)
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