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Jim Umpleby Net Worth

Jim Umpleby net worth 2023: D. James Umpleby III is an American businessman. He became the CEO of Caterpillar Inc.

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Umpleby was raised in Highland, Indiana and attended the Rose-Hulman Institute of Technology. He graduated with a Bachelor of Science in Mechanical Engineering in 1980.

Jim Umpleby Net Worth

Jim Umpleby Net Worth$40 million
Date of birth1958
Occupationbusinessman
NAtionalityAmerican

Career

After graduating from Rose-Hulman, Umpleby joined Solar Turbines, Inc. in San Diego, California shortly thereafter. Solar Turbines, a wholly owned Caterpillar subsidiary, is one of the world’s leading manufacturers of industrial gas turbine systems.

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Over the course of his career at Caterpillar, Umpleby has held leadership positions in a variety of functions across the world. Umpleby became a Caterpillar vice president and president of Solar Turbines in 2010. Immediately prior to becoming CEO in 2017, Umpleby was group president of Caterpillar’s energy and transportation business segment.

 On December 12, 2018 the Caterpillar board of directors elected Umpleby to be chairman of the board, effective immediately, in addition to his CEO role.

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Umpleby was elected to the board of directors of the Chevron Corporation effective March 1, 2018.

Jim joined Solar Turbines, a Caterpillar subsidiary, in 1980 as an associate engineer. In his more than 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. Jim was appointed President of Solar Turbines and Vice President of Caterpillar in 2010. From 2013 to 2016, he led Caterpillar’s Energy & Transportation business segment as Group President. Jim has served as Caterpillar’s CEO since January 1, 2017. He was elected Chairman of Caterpillar’s Board of Directors in December of 2018.

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As Chairman and CEO, Jim leads a team of about 107,700 employees in 63 countries. He launched the company’s strategy for profitable growth and is overseeing its successful execution. The strategy’s areas of focus are operational excellence, expanded offerings, services and sustainability, which build on what Caterpillar has done since its founding in 1925 – drive positive change on every continent.

Jim Umpleby net worth

As of 2023, Jim Umpleby net worth is $40 million. As Chairman and CEO, Jim leads a team of 97,300 employees in 63 countries. He launched the company’s strategy for profitable growth and is overseeing its successful execution.

The strategy’s main components are operational excellence, expanded offerings and services, which build on what Caterpillar has done since its founding in 1925—drive positive change on every continent. 

With 2020 revenues of nearly $42 billion, the Deerfield, Illinois-based company is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Whether building the world’s infrastructure, mining essential commodities, or extracting the fuels to satisfy global energy demand, customers use Caterpillar solutions to help build a better world.

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With 2021 revenues of $51 billion, the Irving, Texas-based company is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Whether our customers are building the world’s infrastructure, mining essential commodities, or extracting the fuels to satisfy global energy demand, Caterpillar helps them build a better, more sustainable world.

Jim Umpleby net worth is $40 million

Jim graduated from the Rose-Hulman Institute of Technology with a Bachelor of Science degree in mechanical engineering. He has completed an executive leadership program at the International Institute for Management Development in Lausanne, Switzerland. He serves on the board of the Chevron Corporation, the US-India Strategic Partnership Forum, the US-China Business Council and the Peterson Institute for International Economics. Jim is a trustee of Rose-Hulman Institute of Technology, and he is a member of Business Roundtable, The Business Council and the National Petroleum Council.

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