Following the previous announcement that two group presidents are retiring and new responsibilities for another group president, Caterpillar announced related changes at the vice president level.
Following the previous announcement that two group presidents are retiring and new responsibilities for another group president, Caterpillar announced related changes at the vice president level, including the retirement of Vice Presidents Bill Springer and Gary Stampanato.
After more than 39 years with Caterpillar, Bill Springer, vice president of the Diversified Products Division, will retire effective February 1, 2013. Stampanato, vice president of the Excavation Division, has 35 years with the company, and will also retire effective February 1.
Qihua Chen Appointed Vice President of China Operations Division
Caterpillar has a long history in the Chinese market, and as China’s economy has developed and matured over the last several decades, the company and its dealers have made significant investments to grow operations and customer support facilities. Caterpillar’s success in China is defined as one of its “Big 8” strategic imperatives critical for Caterpillar to achieve its 2015 strategy. Because of this, the company has created a new, Beijing-based executive position, and today the company announced that its Board of Directors has appointed Qihua Chen as a Caterpillar vice president with responsibility for China Operations. Chen will also assume the role of country manager for Caterpillar in China.
“For the last several years, Qihua has been the general manager for Caterpillar’s flagship manufacturing facility in China, Caterpillar Xuzhou Ltd. (CXL),” said Ed Rapp, who as was previously announced will become group president with responsibility for Construction Industries effective January 1, 2013. “Under Qihua’s leadership at CXL, the facility has made dramatic improvements in productivity, while also significantly increasing its capacity and improving machine quality. In fact, CXL is the Caterpillar facility that we benchmark for internal improvements at other facilities,” Rapp added.
In this new executive role, Chen will have responsibility for interface between Caterpillar and key Chinese government leaders, as well as representing the company on industry issues in China. In addition, Chen will continue to have a significant role as a member of the board of directors of Siwei, a Chinese underground coal mining equipment company recently acquired by Caterpillar. Chen will also have accountability for two of Caterpillar’s major construction machinery facilities in China, located in Xuzhou and Suzhou.
“The success of these facilities will play a critical part in Caterpillar’s overall China strategy, and I am confident that Qihua Chen is the best person to succeed in this new role,” Rapp added.
Chen, a native of China, has been with Caterpillar for 18 years. He has held a range of manufacturing positions with increasing responsibility in China. He played a critical role leading the integration of Shandong Engineering Machinery (SEM), a wholly-owned Chinese wheel loader manufacturer acquired by Caterpillar. In addition, Chen was based at Caterpillar’s Technical Center in Mossville, Ill., from 1999 through 2003. He holds a bachelor’s degree from Shandong Industry University and a master’s degree in business administration from the China Europe International Business School. He also completed the Stanford University Executive Program. He is a director of the China Construction Machinery Association and is vice president of the Jiangsu Foreign Investment Association. Chen will assume his new position effective January 1, 2013.
New Responsibilities for Vice Presidents Rob Charter, Paolo Fellin, Gwenne Henricks and Tana Utley
Effective January 1, 2013, Tana Utley will become vice president of the UK-based Industrial Power Systems & Growth Markets Division. Utley will also assume the role of country manager for Caterpillar in the UK, where she will relocate. She is currently Caterpillar’s chief technology officer and vice president of the Product Development & Global Technology Division.
Rob Charter, vice president of the Asia Pacific Distribution Division, will replace Stampanato as head of the Excavation Division.
Paolo Fellin, currently Caterpillar vice president for the EAME Distribution Division, will be vice president of the newly created Construction Industries Sales & Marketing Division. This newly created division will leverage and build on the excellent work and results that have been delivered by the existing organization within Caterpillar. The objective of the division will be consistent with the company’s business model to grow a large base of machinery population and to increase the company’s global leadership position for construction machinery. The new division will be located in Geneva, Switzerland, where Fellin is currently based and will report to Ed Rapp.
“As we evaluated our key objectives for meeting our 2015 goals and beyond, it became clear that this part of our organization should be elevated to the division level and be led by an experienced vice president,” Rapp said.
Gwenne Henricks has been vice president of the UK-based Industrial Power Systems & Growth Markets Division since 2009. Henricks will relocate to the U.S. as Caterpillar’s chief technology officer and vice president of the Product Development & Global Technology Division.
Nigel Lewis will replace Fellin as vice president with responsibility for the EAME Distribution Division.
Jim Johnson will replace Charter as vice president with responsibility for the Asia Pacific Distribution Division.
Denise Johnson will replace Springer as vice president with responsibility for the Diversified Products Division. Johnson is currently the general manager of Caterpillar’s Specialty Products Business Unit, where she has responsibility for 17 facilities across the Americas, Europe and Asia.
Following the previous announcement that Brad Halverson has been appointed a Caterpillar group president and CFO, Caterpillar’s Board of Directors has appointed Julie Lagacy to replace Halverson as vice president with responsibility for the Finance Services Division. Lagacy has been with Caterpillar for 24 years and is currently the CFO for Caterpillar Global Mining.
Following the previous announcement that Jim Umpleby has been appointed a Caterpillar group president with responsibility for Energy & Power Systems, Caterpillar’s Board of Directors has appointed Tom Pellette to replace Umpleby as a Caterpillar vice president and the president of Solar Turbines. Pellette has been with Solar Turbines for 19 years and is currently Solar Turbines vice president for customer services.
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