WASHINGTON, June 22, 2012 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced that its Board of Directors has appointed Kathryn Dickey Karol to the newly created position of vice president with responsibility for global government and corporate affairs. Karol brings more than 25 years of progressive, global experience in the field to Caterpillar. She is currently vice president of global government and corporate affairs for Amgen, Inc., a position she has held since 2006. Previously, she was an executive director of government affairs for Eli Lilly & Company. She will join Caterpillar on September 10, 2012, and will report to Jim Buda, Caterpillar executive vice president with responsibility for law and public policy.
"We are thrilled to have a government and corporate affairs professional with Kathryn's depth and global experience joining Caterpillar in this newly created position," Buda said. "As the global leader in our industry, and with a strong presence in every region of the world, it is more important than ever that Caterpillar effectively leverage our government and corporate affairs teams to support our global business," Buda added.
Karol will be based in
Washington, D.C. and will have responsibility for strategy development and implementation for Caterpillar government affairs in
the United States, as well as leading government affairs teams in
Africa and the
Middle East and
South America. In addition, Caterpillar's Corporate Public Affairs organization will report to Karol, which includes corporate communications, the Caterpillar Visitors Center, media relations, social activities and the Caterpillar Foundation.
For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2011 sales and revenues of $60.138 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at: http://www.caterpillar.com.Forward-Looking Statements Certain statements in this release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance, and we do not undertake to update our forward-looking statements.
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