Since 1925, Caterpillar Inc. has been helping our customers build a better world – making sustainable progress possible and driving positive change on every continent. Our corporate governance framework serves the … We encourage and value learning, innovation, and personal growth. These standards are developed and implemented by our Board of Directors and the Executive Office. Upholding the highest governance standards is a key priority of the Finning Board of Directors. Finning has an established tradition of excellence in corporate governance … Caterpillar 2018: ISS Rating From the Yahoo Finance profile: Caterpillar Inc.’s ISS Governance … Before this can be discussed, business ethics must be clarified so as to minimize confusion. What follows are my recommendations on how to vote the CAT proxy in order to enhance corporate governance and long-term value. In addition, the board’s Public Policy and Governance Committee reviews Caterpillar’s significant legislative and regulatory priorities, policy on political activities and contributions, corporate political contributions, trade association participation and the political contribution activities of the Caterpillar Political Action Committee (CATPAC). Jim has served as Caterpillar’s CEO since January 1, 2017. The Compliance program establishes enterprise-level compliance expectations. A steering committee comprised of Caterpillar non-officer employees who represent a diverse mix of U.S. locations and business units oversees all CATPAC disbursements to ensure they promote the company’s business interests. With 2019 sales and revenues of $53.8 billion, Caterpillar … D. James Umpleby III In addition, all Caterpillar employees are annually required to complete training on our Code of Conduct. To learn more, please visit our Legal Notices - Cookie page. Organización CULTIBA, S.A.B de C.V. William A. Osborn The Board of Directors (the “Board”) of Caterpillar Inc. (the “Company”) has adopted the following corporate governance guidelines for the Company (“Guidelines”). These efforts are enhanced by regular communications, training and annual assessment processes. We are committed to supporting these organizations, which champion public policies that contribute to the success and growth of the business community. One issue that always arises in business is corporate ethics. Corporate Governance initiatives and board composition in Caterpillar’s. Caterpillar CEO Jim Umpleby shares his thoughts on how we are achieving a better world through our business. The board has delegated the oversight of specific risks to board committees that align with their functional responsibilities. To better inform our decision-making, Caterpillar evaluates risks at the business unit and enterprise levels on three dimensions: The results of this ERM risk assessment are incorporated into action plans to mitigate the identified risks. Caterpillar publishes extensive information about their governance … It is one of the … These standards are guided by our board of directors and global management team, who work to oversee the company’s actions, performance and governance … Corporate Governance. Operationally, our risk culture is embedded within the business through performance scorecards. Some of these cookies are set automatically because they’re necessary for the site to perform. Each year, we conduct a comprehensive enterprise risk assessment by reviewing risk information from multiple sources, including business units. He was elected Chairman of Caterpillar… Chairman and Former CEO Other cookies are used for functional, performance, and targeting purposes to enhance your experience by personalizing content and ads, enabling third party content and features, and enabling us to analyze how this site is used. Former CEO From 2013 to 2016, he led Caterpillar’s Energy & Transportation business segment as Group President. Caterpillar Management Structure Caterpillar is a corporate governance structure where the Chairman of the board acts as the CEO. This site uses cookies to create a better experience for you. Rayford Wilkins, Jr. Managing Partner Caterpillar Inc Proxy Voting Guide: ISS Rating From the Yahoo Finance profile: Caterpillar Inc.’s ISS Governance … President and CEO William P. Ainsworth These Guidelines reflect the Board’s … The Boeing Company, Daniel M. Dickinson University of Maryland School In 1999, the Caterpillar Board developed and published guidelines on corporate governance, which among other provisions includes the establishment of a fully independent Board of Directors, with the sole … Northern Trust Corporation and The Northern Trust Company, Debra L. Reed-Klages Our corporate governance … The Public Policy and Governance Committee of our board of directors oversees the company's sustainability efforts as well as efforts on environmental, health and safety activities, including Caterpillar's … All political and advocacy activities at the state, federal and international levels are managed by the vice president of Global Government & Corporate Affairs, who coordinates and reviews with senior management the legislative and regulatory priorities that are significant to the company’s business as well as related advocacy activities. Caterpillar Inc. (“Caterpillar”, “we” or “our”) is furnishing supplemental information concerning (i) retail sales of machines to end users and (ii) retail sales of power systems (including reciprocating and … Rust, Jr. Diversified Businesses AT&T Inc. Chairman and CEO Caterpillar CEO Jim Umpleby shares his thoughts on how we are achieving a better world through our business. We integrate enterprise and business unit risk mitigation plans into individual performance goals of the Executive Office members. Governance docs are reviewed annually or more often if necessary. Miles D. White Executive Chairman of the Board As part of this training, employees must certify that they have read, understand and will comply with the Code of Conduct. Learn More about our corporate governance framework and voting on matters for the annual meeting in Caterpillar’s Proxy Statement. Each committee comprised solely of independent directors. Some of these cookies are set automatically because they’re necessary for the site to perform. Caterpillar (U.K.) Limited, as part of the Caterpillar Group, has in place detailed corporate governance arrangements due to the requirements placed upon Caterpillar Inc. as a listed business. Ramin Younessi, Chief Legal Officer, General Counsel and Corporate Secretary Suzette M. Long. Abbott Laboratories. Caterpillar uses a proprietary core management system to globally manage core returns from dealers and Caterpillar inspection facilities and determine the core credit amounts that will be refunded. The Board of Directors (the “Board”) of Caterpillar Inc. (the “Company”) has adopted the following corporate governance guidelines for the Company (“Guidelines”). Senator Representing New Hampshire, David L. Calhoun Caterpillar has a corporate governance structure where the chairman of the board also acts as chief executive officer (CEO). Cheryl H. Johnson, Group Presidents CATPAC contributions are made only in federal and state elections. This committee also reviews Caterpillar’s annual political contributions and recommends the amount the company should contribute to the Caterpillar Foundation. Additional information regarding Caterpillar’s corporate contributions, CATPAC contributions and trade association memberships is available on our political engagement website. “Finning’s Board of Directors is committed to playing an active role in supporting the realization of the Company’s strategy through upholding the highest standards of corporate governance … Former Chairman and CEO The committee provides regular updates to the board and may retain advisors and consultants as needed to assist it in fulfilling its responsibilities. By clicking 'I Accept', you are agreeing to our use of functional, performance and targeting cookies. Business ethics, by definition, are “The study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate … Caterpillar Inc. Juan Gallardo We expect the best of each other. This Data Governance Statement describes the practices of Caterpillar Inc. (together with our Affiliates, “Caterpillar,” “we,” “us” or “our”) for collecting information from distribution networks … of Public Policy and Former U.S. Trade Representative. We manage operational, strategic, financial and legal compliance risks in several ways, including Caterpillar’s Enterprise Risk Management (ERM) program and Compliance program. The board implements its risk oversight function both as a board and through delegation to board committees, which meet regularly and report back to the board. Caterpillar 2020 annual meeting is 6/10/2020 at 6AM Pacific virtually by entering the eligible shareholder’s 16-digit control number found on the proxy card. Through these programs, Caterpillar can better manage risk and gauge the potential impact of various outcomes on our ability to achieve strategic goals. Caterpillar Inc. (NYSE:CAT) manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Sempra Energy, Edward B. the first construction company in the Middle East with an … To learn more, please visit our Legal Notices - Cookie page. Home Main. Our global teams advocate on appropriate issues in a manner consistent with all governing laws and Our Values in Action. Former Chairman and CEO The actions taken by governments around the world can have significant impact – both positive and negative – on Caterpillar, our employees, dealers, suppliers and customers. Andrew R.J. Bonfield, Chief Human Resources Officer Other cookies are used for functional, performance, and targeting purposes to enhance your experience by personalizing content and ads, enabling third party content and features, and enabling us to analyze how this site is used. We advocate for policies, agreements, legislation and regulations that enable us to help our customers build a better world. Our corporate governance framework serves the interests of shareholders with the highest standards of responsibility, integrity and commitment to enhance shareholder value over the long term. 2019 | Sustainability Report Caterpillar's Environmental, Social and Governance Approach. Kelly A. Ayotte Caterpillar's products and services alone are not enough to ensure our success. We believe that a strong governance framework creates long-term value for our shareholders, strengthens board and management accountability and builds trust in the company and our brand. Caterpillar regularly identifies and monitors business risks through a robust internal management system and engages in constructive regulation and public policy discussions that benefit employees, customers and shareholders. Bob De Lange ... From 2004 to 2007, she was the Vice President of Caterpillar's Logistics Division and served as Chairman and President of Cat Logistics Services, Inc., formerly a wholly owned subsidiary of Caterpillar… Since 1925, Caterpillar … ... You may request a copy of the bylaws by writing to Caterpillar Inc. c/o Corporate … A sustainability strategy and long-term, aspirational goals keep us focused on what matters. ORGANIZATIONAL STRUCTURE/CORPORATE MANAGEMENT CONTROLS Corporate Governance Mission Statement: o Caterpillar’s corporate governance program ensures we serve the interests of … Compensation CAT’s Summary Compensation Table … We compensate senior executives in part according to their ability to mitigate the risks as described in their performance goals. Denise C. Johnson Learn more at www.caterpillar.com/governance. Governance Overview and Commitment. Corporate Governance CorpGov.net: improving accountability through democratic corporate governance since 1995. Caterpillar committees for Audit, Compensation & Human Resources and Public Policy & Governance. See highlights of our corporate governance … Caterpillar’s governance structure provides leadership, accountability and transparency to the management of the company and its businesses. Business unit personnel and compliance professionals implement controls and processes to meet those requirements with the support of compliance professionals, legal personnel and subject matter advisors with specific expertise. Risk is an inherent part of conducting global business. This site uses cookies to create a better experience for you. Where allowable by law, Caterpillar may make corporate contributions to campaigns, individual candidates or political committees in order to support public policies we believe will promote our business interests. Independence. Corporate Profile Whether paving roads, mining essential commodities or extracting the fuels to satisfy global energy demand, Caterpillar products are helping to build a better world. Jim was appointed President of Solar Turbines and Vice President of Caterpillar in 2010. Caterpillar… By clicking 'I Accept', you are agreeing to our use of functional, performance and targeting cookies. CORPORATE GOVERNANCE Caterpillar’s governance structure provides leadership, accountability and transparency to the management of the company and its businesses. The new corporate structure and governance, created a separation between the ownership and the operational management making C.A.T. What follows are my recommendations on how to vote the proxy in order to enhance corporate governance and long-term value. As a result, we have seen strong engagement among senior leaders. The Board of Directors is a group of independent non … Caterpillar Governance Documents provide the framework for the governance of Caterpillar. View Caterpillar's 2019 Annual Report and Sustainability Report HCI Equity Partners. D. James Umpleby III, Chief Financial Officer The company’s officers share accountability for business risks, and the board has oversight of the enterprise process. Caterpillar also maintains memberships in trade associations and business groups that may engage in advocacy on behalf of segments of the business community. Our governance framework includes the following highlights: The Public Policy and Governance Committee of our board of directors oversees the company's sustainability efforts as well as efforts on environmental, health and safety activities, including Caterpillar's products and services that support sustainable development of global resources. In partnership with a worldwide dealer network, the Company delivers products, services, and technologies in three principal lines of business: Machinery, Engines and Financial Products. Caterpillar’s corporate governance program ensures we serve the interests of shareholders and other stakeholders with the highest standards of responsibility, integrity and compliance with all laws. READ MORE. Home; Education. What follows are my recommendations on how to vote the proxy in order to enhance corporate governance and long-term value. What follows are my recommendations on how to vote the proxy in order to enhance corporate governance and long-term value. The board of directors is fully independent and is made up of non-employee … Chairman and CEO ... Caterpillar Inc. (CAT) manufactures and sells … CATPAC is funded through voluntary contributions by eligible individuals, who primarily are U.S.-based employees. Caterpillar’s governance structure provides leadership, accountability and transparency to the management of the company and its businesses. Former Chairman and CEO Corporate Governance Involvement. Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. These risks cover a broad range of issues, including legal and regulatory compliance. … State Farm Mutual Automobile Insurance Company, Susan C. 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