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flag Joe Creed becomes Caterpillar’s executive chairman on April 1, 2026, succeeding retiring CEO D. James Umpleby III.

flag Joe Creed, who became Caterpillar’s CEO in May 2025, will succeed D. James Umpleby III as executive chairman on April 1, 2026, following Umpleby’s retirement after 45 years with the company. flag Creed, a longtime executive who joined in 1997, has held key roles including COO and group president. flag Umpleby, who led Caterpillar from 2017 to 2025, oversaw a significant profit increase and guided the company through major economic challenges. flag Debra L. Reed-Klages will remain lead independent director during the transition. flag The leadership change is part of a planned succession.

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