Chevron Corporation has announced the election of Caterpillar CEO, Jim Umpleby, to its board of directors.
The appointment of Mr Umpleby will be effective 1 March 2018.
Mr Umpelby has previous experience of working with Caterpillar subsidiary firm Solar Turbines back in 1980.
He became group president of Caterpillar’s Energy & Transportation business segment in 2013 and assumed the role of CEO on January 1, 2017.
Michael K. Wirth, Chevron’s chairman of the board and chief executive officer: “Jim Umpleby brings valuable perspective to the Board as chief executive of one of the world’s leading manufacturers of heavy equipment.
“[Jim] has a strong background in varied dimensions that are relevant to Chevron’s business, including international policy, heavy equipment engineering, environmental policy, and global workforce development.”
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