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Of this total $1,575,000 was received as a salary, $2,336,000 was received as a bonus, $6,704,943 was received in stock options, $5,450,022 was awarded as stock and $291,954 came from other types of compensation. Company profile for Caterpillar Inc. including key executives, insider trading, ownership, revenue and average growth rates. The information shown here is a reporting of information included in the company's proxy statement. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. The maker of mining and construction equipment is under federal scrutiny for its use of a parts subsidiary based in Switzerland and tax-saving practices. He remained executive chairman of Caterpillar's board until March 31. How many assistants does Matt Nagy need to hire? As Chairman & CEO at CATERPILLAR INC, D. James Umpleby III made $16,357,919 in total compensation. According to Forbes' 2005 list of Executive Pay, James W Owens, the CEO of Caterpillar (CAT) was paid $4.3 mil in total compensation. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Jim Umpleby is the CEO of Caterpillar, who rose to that particular position in January of 2017. For its 2019 fiscal year, CATERPILLAR INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Jim has served as Caterpillar’s CEO since January 1, 2017. We celebrated the 90th anniversary of Caterpillar’s listing on the NYSE in December, when Caterpillar Chairman and CEO Jim Umpleby rang the opening bell. Caterpillar is paying its new CEO about $400,000 less in base salary than his predecessor, according to the company's proxy statement. The average salary for Caterpillar, Inc. employees is $85,730 per year. He was elected Chairman of Caterpillar’s Board of Directors in December of 2018. Of this total $1,575,000 was received as a salary, $2,336,000 was received as a bonus, $6,704,943 was received in stock options, $5,450,022 was awarded as stock and $291,954 came from other types of compensation. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. The years of scrutiny came to a head in March, when authorities from three agencies, including the Internal Revenue Service, raided Caterpillar's Peoria headquarters and two nearby facilities. Jobs; Company Reviews; Salaries; Interviews; Salary Calculator Caterpillar factories leverage the use of technology to enhance manufacturing performance. He was elected Chairman of Caterpillar’s Board of Directors in December of 2018. Salary information comes from 6 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Caterpillar executives receive a mix of a fixed salary and variable incentives. A free inside look at Caterpillar salary trends based on 6430 salaries wages for 1625 jobs at Caterpillar. Immediately prior to becoming CEO in 2017, Umpleby was group president of Caterpillar’s energy and transportation business segment. Key CEO pay take aways from the first half of 2019 : The top 50 total granted compensation has increased by over 300% from 2018 to 2019 ($4.49bn compared to $1.12bn). All proxy statements are public filings made available to the general public by the SEC. While 2020 might see a freeze in CEO salary, 2019 was a good year for executive pay, as many chief executives were rewarded with huge compensation packages, often worth more than $20 million per … The company hired a former U.S. attorney general to "take a fresh look at Caterpillar's disputes with the government, get all the facts, and then help bring these matters to an appropriate resolution," Calhoun wrote in the letter. Although over 50% of the $4.4bn is attributable to one individual’s granted compensation (Elon Musk, Tesla: $2.28bn). Walgreens, Jewel-Osco, Walmart and Cook County scheduling COVID-19 vaccine appointments, though demand is great and doses scarce. Coronavirus Tips – Working and Protection. Compare pay for popular roles and read about the team’s work-life balance. New robot technology is being utilized to further support #TeamCaterpillar. Thorough reviews have been conducted to assure this data accurately reflects disclosures. View Denise Johnson’s profile on LinkedIn, the world’s largest professional community. Caterpillar employees earn $60,000 annually on average, or $29 per hour, which is 10% lower than the national salary average of $66,000 per year.According to our data, the highest paying job at Caterpillar is a Plant Manager at $164,000 annually while the lowest paying job at Caterpillar is a Machine Operator at $22,000 annually. (This is based on the year to December 2018). It is the world's largest construction equipment manufacturer. CATERPILLAR Inc chairman and CEO Douglas Oberhelman's compensation was cut by 32 per cent, according to an Associated Press analysis. PEORIA – Caterpillar chairman and CEO Doug Oberhelman will step down from his leadership role and retire, effective March 31. Granted during the fiscal year, Caterpillar INC, listed the following pay. 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