Caterpillar VP retires, company forms research division

By |  August 22, 2016

cat_logoGwenne Henricks, Caterpillar’s vice president with responsibility for the product development and global technology division, is retiring after 35 years of service to the company.

According to the company, Henricks has spent the last four years leading the company’s R&D and technology strategies. Since joining the company in 1981, she has held numerous product development, management and business leadership positions before being named vice president with responsibility for the electronics and connected worksite division in 2007. She then became vice president with responsibility for the industrial power systems division before the board of directors named her to her most recent position in 2012, Cat reports.

“Gwenne has spent her entire career in engineering, product and business management, which made her the absolute right advocate and leader to deploy the enterprise technology strategy and strengthen the global engineering talent pipeline,” says Denise Johnson, Resource Industries group president. “She is one of the most collaborative leaders who’s always focused on what’s best for the enterprise – whether that’s defining and executing on a turnaround plan during her time as Industrial Power Systems Division vice president or as a critical member of the Tier 4 emissions rollout across Caterpillar’s extensive product line.”

Caterpillar also announced that it will form a single research, technology and product development division to deliver product differentiation and system integration. Jean Savage, Cat’s advanced component and system division (ACSD) vice president, will lead this newly formed team. According to Cat, Savage joined Caterpillar in 2002, serving its subsidiary Progress Rail Services.

The manufacturing functions within ACSD will be led by current ACSD Operations General Manager Steve Ferguson, who will report directly to Johnson.

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