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Caterpillar Creates New Division, Announces Appointment of Vice President


Caterpillar Creates New Division, Announces Appointment of Vice President

PEORIA, Ill.— Caterpillar Inc. (NYSE: CAT) announced today that its Board of Directors has approved the appointment of Gwenne A. Henricks as a vice president. Henricks will have responsibility for the newly formed Electronics & Connected Worksite Division, which will have enterprise responsibility for hardware and software technology development and Caterpillar’s global electronics strategy. This strategy will solidify Caterpillar’s leadership in the fast developing areas of machine control and guidance, product health and asset management. This includes engine and machine systems integration, enhanced electronics and systems for operator stations, connected worksite systems and associated components.

Henricks joined Caterpillar in 1981 and has held a series of positions with increasing responsibilities in the areas of electronics engineering and product development. Previously, she was undercarriage product manager for Caterpillar’s Track Type Tractors Division. Currently, Henricks is the manager of the Electronic & Electrical Systems Business Unit, which is part of Caterpillar’s Motion and Power Control Division.

“Gwenne’s leadership skills and experience make her the right choice for guiding this new organization which is being created in recognition of the growing importance of electronics and electrical systems, which increase the productivity and profitability of the Caterpillar machines and engines used by our customers,” said Caterpillar Chairman and CEO Jim Owens. “This new division will provide focus for Caterpillar and Caterpillar dealers as we help customers realize more from Caterpillar products and solutions with equipment diagnostics and prognostics, as well as machine guidance capabilities through innovative telemetry such as global positioning systems and laser guidance.”

Henricks has a bachelor’s degree in physics and a master’s degree in electrical engineering from Bradley University. She earned a Masters in Business Administration from the University of Illinois and completed the Managing Engineering Design and Development Program at Carnegie Bosch Institute. Henricks serves on the Board of Managers of Cat Trimble Control Technologies and is on the Board of Directors of 10G, LLC. She is a member of the Society of Women Engineers and serves on the Board of Directors for St. Francis Medical Center College of Nursing. Her appointment is effective December 1, 2007.


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