Caterpillar CEO Leaving Amid Deep Industry Slump

Although it’s often said you should leave while you’re on top, Caterpillar (NYSE: CAT) Chairman and CEO Doug Oberhelman has chosen instead to head for the exit while he’s pretty much at the bottom. Not that it might not be time to depart after 41 years at the company, but amid a steep slump in the mining sector and a collapse in oil and natural gas prices, he’s leaving the heavy equipment manufacturer in a difficult period. …read more

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Category: CAT

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