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Douglas R. Oberhelman
BornFebruary 25, 1953 (1953-02-25) (age 71)
Alma materMillikin University (1975)
OccupationBusiness executive
Years active1975 (1975)–present[1][2]
EmployerCaterpillar Inc.
Board member of
SpouseDiane Cullinan[1][5][6]
CEO, Caterpillar
In office
July 1, 2010 – December 31, 2016
Preceded byJames W. Owens
Succeeded byJim Umpleby
Chairman of the Board, Caterpillar
In office
November 1, 2010 – March 31, 2017
Preceded byJames W. Owens
Succeeded byDave Calhoun

Douglas R. Oberhelman (born February 25, 1953)[7] is an American businessman. He is the former CEO and Executive Chairman of Caterpillar Inc. in Peoria, Illinois.

Biography[edit]

Early life and education[edit]

Oberhelman was raised in Woodstock, Illinois, where his father was a John Deere salesman.[1] His family originates from Westphalia, Germany.[8] Oberhelman attended Millikin University, where he was a member of Sigma Alpha Epsilon. He graduated with a Bachelor of Arts in Finance in 1975.

Career[edit]

Oberhelman joined Caterpillar shortly after his college graduation in 1975.[1][2] He became a Caterpillar Vice President in 1995, serving as Chief Financial Officer from 1995 to 1998.[2][9] He succeeded Jim Owens as CEO on July 1, 2010 and as Executive Chairman of the Board on November 1, 2010.[2][9] Oberhelman retired from Caterpillar in 2017.[10]

He sat on the board of Ameren until April 27, 2010.[11] He served as Vice Chairman of the Executive Committee of The Business Council in 2013 and 2014.[12][13]

In September 2009, he was elected to the Board of Directors of World Resources Institute.[14] [15]

Personal life[edit]

His wife, Diane Oberhelman, is chairwoman of Cullinan Properties Ltd.[5][6]

In 2011 Oberhelman earned an income (including options, bonus etc.) of $16.9 million, a sixty percent increase from his earnings the previous year.[16]

References[edit]

  1. ^ a b c d "Doug Oberhelman: Champion of Sustainability". InterBusiness Issues. Peoria, Illinois: Central Illinois Business Publishers, Inc. September 2008. Retrieved October 23, 2009.
  2. ^ a b c d e "Douglas R. Oberhelman". Peoria, Illinois: Caterpillar Inc. July 1, 2009. Retrieved July 14, 2010. [dead link]
  3. ^ "Doug Oberhelman Elected to ExxonMobil Board". Business Wire. Irving, Texas. May 27, 2015. Retrieved October 26, 2020.
  4. ^ "Wetlands America Trust". Ducks Unlimited. Retrieved January 6, 2021.
  5. ^ a b McDonald, Karen (September 5, 2010). "Oberhelmans out to make Laura Bush feel at home". PJStar.com. Peoria, Illinois: GateHouse Media. Retrieved November 5, 2010.
  6. ^ a b Gordon, Paul (October 23, 2009). "Caterpillar selects Oberhelman as next CEO". PJStar.com. Retrieved August 2, 2010.
  7. ^ "Birthdatabase Index".
  8. ^ Slider, Mark. "Doug Oberhelman, Caterpillar Inc. Chairman and CEO, to be honored as 2015 Distinguished German-American of the Year". German Life. Archived from the original on August 16, 2017. Retrieved August 16, 2017.
  9. ^ a b "Caterpillar Outlines Leadership Succession Plan; Board Names Doug Oberhelman Vice Chairman and Chief Executive Officer – Elect" (PDF) (Press release). Peoria, Illinois: Caterpillar Inc. October 22, 2009. Retrieved October 22, 2009.
  10. ^ "Caterpillar Chairman and CEO Doug Oberhelman Elects to Retire in 2017; Jim Umpleby Elected as Caterpillar's Next CEO; Dave Calhoun to become Non-Executive Chairman of the Board". Caterpillar Inc. October 17, 2016. Retrieved January 6, 2020.
  11. ^ "Douglas R. Oberhelman". Forbes.com. July 1, 2010. Archived from the original on July 23, 2010. Retrieved August 2, 2010. As previously announced, Mr. Oberhelman will not stand for re-election to the Ameren board and will step down as a director effective April 27, 2010.
  12. ^ Dow Chairman and CEO Andrew Liveris Elected Chairman, The Business Council Archived 2012-10-22 at the Wayback Machine, dow.com, October 19, 2012
  13. ^ Press Release: The Dow Chemical Company, Dow Chairman and CEO Andrew Liveris Elected Chairman, The Business Council, Yahoo!, October 19, 2012
  14. ^ World Resources Institute Biosketch of Douglas R. Oberhelman Archived April 27, 2012, at the Wayback Machine. Accessed March 27, 2012.
  15. ^ Caterpillar President, Experts in Clean Tech & Energy Markets Named Directors at WRI Archived 2012-04-07 at the Wayback Machine. Accessed March 27, 2012.
  16. ^ "Chicago Tribune; April 11, 2012". April 11, 2012.

External links[edit]

source: https://en.wikipedia.org/wiki/Douglas_R._Oberhelman

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