| CEO Name | Jim Umpleby |
| Nationality | United States |
| Net Worth Estimation | $90 million |
Jim Umpleby's estimated net worth of around $90 million is attributed to his long tenure at Caterpillar, substantial annual compensation packages--including salary, bonuses, and stock awards--as well as the appreciation of Caterpillar stock holdings. Additional wealth factors stem from his executive roles, corporate benefits, and participation in Caterpillar's incentive and retirement plans.
Jim Umpleby's estimated net worth of $90,000,000 places him at the maximum for engineering CEOs, representing 100% of the category's observed range ($10,000,000-$90,000,000). His wealth is significantly higher than the minimum, equating to 800% above the category's minimum estimate.
Business Category: Engineering
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 90000000 USD
Jim Umpleby Performance in Caterpillar
Jim Umpleby, CEO of Caterpillar, is recognized for his strategic leadership focused on operational efficiency and innovation in heavy machinery. His decision-making emphasizes sustainable growth, digital transformation, and expanded global market presence. Under Umpleby's leadership, Caterpillar has strengthened its financial performance and reinforced its position as an industry leader.
Latest News
Caterpillar CEO Joe Creed Leads Innovation and Growth Transition
Joe Creed became Caterpillar's CEO in May 2025, succeeding Jim Umpleby, who became Executive Chairman after eight years as CEO. Creed emphasizes customer success, technological innovation including AI and autonomous machinery, and sustaining growth amid resilient demand and infrastructure spending. Recent Q2 2025 results showed some revenue decline but strong operational focus under Creed's leadership.
Source: http://www.caterpillar.com/en/news/corporate-press-releases/h/2q25-results-caterpillar-inc.html