Caterpillar Streamlines Corporate Structure; Greater Emphasis on Agility, Cost Management and Meeting Customer Needs; Company Reduces Number of Officers; Chief Financial Officer and General Counsel to Report Directly to Chairman and CEO

ENPNewswire-7 May 2010-Caterpillar Streamlines Corporate Structure; Greater Emphasis on Agility, Cost Management and Meeting Customer Needs; Company reduces number of officers; Chief Financial Officer and General Counsel to report directly to Chairman and CEO(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 05052010 - PEORIA, Ill. - Supporting its long-term strategy, considering officer retirements and recognizing the need to create a leaner, more agile, customer-focused company, Caterpillar Inc. (NYSE: CAT) today announced a number of executive changes and a streamlined corporate structure. Vice Chairman and CEO-Elect Doug Oberhelman is leading a team that is updating the company's strategy, which was first introduced by Chairman and CEO Jim Owens in 2005. The changes announced today will support this updated strategy.