CAT · 8-K · 20261015PR116198

Management Changes

CATERPILLAR INC · 2026-10-15 · Importance 31 · Surprise 42 · In source text

Denise Johnson, group president of Resource Industries, will retire effective February 1, 2027, after joining Caterpillar in 2011 and leading the group since 2016. Derrick York, currently president of Solar Turbines and a Caterpillar senior vice president, will become group president of Resource Industries on November 1, 2026. Johnson will assume an advisory role when York starts to support the leadership transition.

Key facts

• Denise Johnson, group president of Resource Industries, has elected to retire effective Feb. 1, 2027. source
• Derrick York has been appointed group president of Resource Industries, effective Nov. 1, 2026. source
• Caterpillar reported 2025 sales and revenues of $67.6 billion. source
• Under Denise Johnson's leadership, the Resource Industries segment was returned to profitability. source
• Since 2023, Derrick York has led the global business unit that provides industrial gas turbines and compressors for oil & gas and power generation applications. source
• Under Denise Johnson, Resource Industries delivered its strongest financial performance in more than a decade. source
• Caterpillar press release date: Oct. 15, 2026. source
• Derrick York currently serves as president of Solar Turbines and Caterpillar senior vice president. source

Impact estimates