Thomas Pellette - Caterpillar Senior Vice President of Caterpillar

CAT Stock  USD 406.11  2.41  0.60%   

President

Mr. Thomas A. Pellette is no longer as Group President of Construction Industries of the Company effective March 01, 2019. andd was appointed as Senior Vice President of Caterpillar of the company, Effective March 01, 2019. He is responsible for Caterpillar Construction Industries Segment, which includes the Earthmoving, Excavation, Building Construction Products, China Operations and Global Construction Infrastructure Divisions, as well as Global Rental and Used Equipment Services. Since joining Caterpillars Solar Turbines Division in 1993, he has held a range of sales, engineering and product support positions with increasing responsibility, including significant experience in leadership positions in Europe, Asia and the U.S. Prior to joining Solar, Pellette worked for Tennessee Gas and Leybold Technologies. In 2012, the Caterpillar Board of Directors named Pellette a Caterpillar vice president and the president of Solar Turbines. In January 2015, he was named a Caterpillar group president for Construction Industries, and in January 2017, Pellette was appointed group president of Energy Transportation. He resumed the group president role for Construction Industries in June 2018. Pellette, a native of Los Alamos, N.M., graduated in 1985 from Rice University with a bachelor degree in mechanical engineering. He is a member of the Rice University Engineering Advisory Board and is also a board member with the US Chamber of Commerce. since 2019.
Age 55
Tenure 5 years
Address 5205 North O'Connor Boulevard, Irving, TX, United States, 75039
Phone972 891 7700
Webhttps://www.caterpillar.com
Pellette will join the other members of the EO based in the company’s headquarters in Peoria, Illinois.

Caterpillar Management Efficiency

The company has Return on Asset of 0.0993 % which means that on every $100 spent on assets, it made $0.0993 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.5348 %, implying that it generated $0.5348 on every 100 dollars invested. Caterpillar's management efficiency ratios could be used to measure how well Caterpillar manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.13 in 2024. Return On Capital Employed is likely to gain to 0.26 in 2024. At this time, Caterpillar's Non Current Liabilities Other is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 426.2 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 17.8 B in 2024.
Caterpillar has 38.45 B in debt with debt to equity (D/E) ratio of 2.34, meaning that the company heavily relies on borrowing funds for operations. Caterpillar has a current ratio of 1.38, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Caterpillar to invest in growth at high rates of return.

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Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company was founded in 1925 and is headquartered in Deerfield, Illinois. Caterpillar operates under Farm Heavy Construction Machinery classification in the United States and is traded on New York Stock Exchange. It employs 107700 people. Caterpillar (CAT) is traded on New York Stock Exchange in USA. It is located in 5205 North O'Connor Boulevard, Irving, TX, United States, 75039 and employs 113,200 people. Caterpillar is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification.

Management Performance

Caterpillar Leadership Team

Elected by the shareholders, the Caterpillar's board of directors comprises two types of representatives: Caterpillar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Caterpillar. The board's role is to monitor Caterpillar's management team and ensure that shareholders' interests are well served. Caterpillar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Caterpillar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Rust, Independent Director
Karl Weiss, Chief Technology Officer, Vice President of Innovation and Technology Development Division
William Schaupp, Chief Accounting Officer
Joseph CPA, Chief Officer
Otto Breitschwerdt, CTO VP
Debra ReedKlages, Independent Director
Ryan Fiedler, Vice Relations
Ramin Younessi, Group President of Energy & Transportation
Anthony Fassino, Group President of Construction Industries
Denise Johnson, Group President - Resources Industries
Kyle Epley, Vice President of Finance Services Division
Juan Gallardo, Independent Director
Rayford Wilkins, Independent Director
William Ainsworth, Group President of Energy and Transportation
Suzette Long, General Counsel, Corporate Secretary, Chief Legal Officer
Marc Cameron, Vice President
Donald Umpleby, Chairman of the Board, Chief Executive Officer, Director
Pam Heminger, Vice President - Strategic Procurement Division
Miles White, Independent Director
Joseph Creed, Vice President of Oil Gas and Marine Division
Bob Lange, Group President of Customer and Dealer Support
Thomas Pellette, Senior Vice President of Caterpillar
Daniel Dickinson, Independent Director
David Calhoun, Presiding Independent Director
Kelly Ayotte, Independent Director
Andrew Bonfield, Chief Financial Officer
James III, Chairman CEO
G Marvel, Chief Accounting Officer
Gerald Johnson, Independent Director
Courtney Dean, Chief Officer
Derek Owens, Chief Counsel
Martin Haycraft, Vice President of Caterpillar Rail Division
Davd MacLennan, Independent Director
Jamie Engstrom, Senior Officer
William Osborn, Independent Director
Susan Schwab, Independent Director
Gary Marvel, Chief Accounting Officer
Cheryl Johnson, Chief Human Resource Officer

Caterpillar Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Caterpillar Stock Analysis

When running Caterpillar's price analysis, check to measure Caterpillar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caterpillar is operating at the current time. Most of Caterpillar's value examination focuses on studying past and present price action to predict the probability of Caterpillar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caterpillar's price. Additionally, you may evaluate how the addition of Caterpillar to your portfolios can decrease your overall portfolio volatility.