DEERFIELD, Ill., Jan. 15, 2020 /PRNewswire/ -- Caterpillar Inc.
(NYSE: CAT) announced today that E. Jean
Savage, currently vice president of the Surface Mining &
Technology Division, has elected to retire.
Earlier today, Trinity Industries, Inc. announced that Savage, a
member of the company's Board of Directors, has been appointed
Chief Executive Officer and President, effective February 17, 2020.
"We thank Jean for her 17 years of service to Caterpillar," said
Denise Johnson, Resource Industries
group president. "Jean has been instrumental in delivering
Caterpillar mining products and services that are focused on
accelerating customer benefits in safety and productivity. We
appreciate all of her contributions and wish her well in her new
role at Trinity Industries."
Savage joined Caterpillar in 2002 and held numerous leadership
roles in Caterpillar's Progress Rail division, before being named
vice president of Advanced Components and Systems division in 2014.
Savage went on to lead the Innovation and Technology division
before being named vice president of Surface Mining and Technology
division in 2017.
Prior to joining Caterpillar, Savage worked for 14 years at
Parker Hannifin Corporation, a leader in motion and control
technologies and systems, where she held a variety of manufacturing
and engineering positions. In addition, Savage served nine years in
the Army Reserves as a military intelligence officer.
Savage graduated with a bachelor's degree in electrical and
computer engineering from the University of
Cincinnati and a master's degree in engineering management
from the University of Dayton.
Savage's retirement is effective February
14, 2020. A replacement will be named at a later date.
About Caterpillar:
For more than 90 years, Caterpillar Inc. has been making
sustainable progress possible and driving positive change on every
continent. Customers turn to Caterpillar to help them develop
infrastructure, energy and natural resource assets. With 2018 sales
and revenues of $54.722 billion,
Caterpillar is the world's leading manufacturer of construction and
mining equipment, diesel and natural gas engines, industrial gas
turbines and diesel-electric locomotives. The company principally
operates through its three primary segments - Construction
Industries, Resource Industries and Energy & Transportation -
and also provides financing and related services through its
Financial Products segment. For more information,
visit caterpillar.com. To connect with us on social media,
visit caterpillar.com/social-media.
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SOURCE Caterpillar Inc.