JAMES W. OWENS is an American economist and manufacturing executive. He is the former Chairman and Chief Executive Officer of Caterpillar Inc. , the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. He held the positions from 1 February 2004 through 2010.
* 1 Biography
* 1.1 Early life * 1.2 Career
* 2 References * 3 External links
Owens, a native of
Elizabeth City, North Carolina
After joining the company in 1972 as a corporate economist, he has held numerous management positions.
Owens was named chief economist of Caterpillar Overseas S.A. in
In 1995, Owens was named a group president and member of Caterpillar’s Executive Office. Over the next nine years as a group president, Owens was at various times responsible for 13 of the company’s 25 divisions. In December 2003, the Caterpillar Board of Directors named Owens vice chairman and appointed him chairman and chief executive officer effective February 1, 2004.
He is a director of the
Institute for International Economics in
Other directorships held by Owens include
In August 2009 it was made known by an article in the Peoria Journal Star that Caterpillar was beginning to plan for Owens' retirement (he is nearing the Caterpillar mandatory retirement age of 65) and the transition to another chairman and CEO. On October 22, 2009 Caterpillar announced that Douglas R. Oberhelman would succeed Owens as CEO on July 1, 2010 and as Chairman on October 31, 2010.
* ^ Caterpillar: Home
* ^ The Business Council, Official website, Executive Committee
Archived 2013-07-21 at the