Caterpillar, Inc. has made several changes in responsibilities for three executive office members.
Tom Pellette became the senior vice president. After four years as group president separately leading the construction industries and energy & transportation segments, Pellette has elected to return to San Diego, California for family reasons. Pellette will serve as president of Solar Turbines, a wholly owned subsidiary of Caterpillar and a global leader in the design, manufacture and service of gas turbine systems and compressors for the oil and gas and power generation industries. He previously spent more than 20 years in the division. Pellette will also serve as strategic advisor to the Caterpillar executive office.
Ramin Younessi, currently group president of energy & transportation, will transition to lead construction industries. Younessi, with more than 30 years of leadership inside and outside of Caterpillar, will now have responsibility of the company’s earthmoving, excavation, building construction products, China operations and global construction & infrastructure divisions, as well as global rental and used equipment services.
Billy Ainsworth, current senior vice president of the Caterpillar rail division and chief executive officer of progress rail, will now become the group president of the energy & transportation segment. Since 2017, Ainsworth has served as strategic advisor to the Caterpillar executive office in addition to his responsibilities for the rail division.
Joe Creed, current vice president of Caterpillar’s finance services division, will become the new vice president of the oil, gas and marine division. He also most recently served as interim chief financial officer for the company. Prior to his leadership in Caterpillar’s finance functions, Creed worked in the company’s engine and machine businesses.
Pablo Koziner, current vice president of Caterpillar and president of solar turbines, will become the new vice president of the electric power division. He has nearly 20 years of experience in various roles around the world, the last six as a vice president.
Caterpillar’s board of directors has appointed Marty Haycraft to succeed Ainsworth as vice president of Caterpillar’s rail division and chief executive officer of progress rail. Haycraft is currently the president of progress rail’s global operations where his primary responsibilities include overseeing the company’s rolling stock and infrastructure businesses.
Kyle Epley has been appointed vice president of the finance services division. He currently serves as corporate controller where he has responsibility for business analysis, competitive analysis, economics, strategic planning and operating and execution model governance.
Epley joined Caterpillar in 1996 and has held a series of positions with growing responsibilities in accounting and finance, including global assignments.
Published in the April 2019 Edition