Caterpillar CEO Resigns Amid Uncertainty
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Business & Economics
Caterpillar Changes CEOs, With COO Creed Taking Over

81% Informative
Caterpillar CEO Jim Umpleby will become executive chairman of its board on May 1 .
Chief Operating Officer Joe Creed , a 28-year Caterpillar veteran, also will be joining the board.
Shares of Caterpillar entered Tuesday down 18% in 2025 amid widespread uncertainty following President Trump 's sweeping "reciprocal" tariffs.
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