Joseph Creed - Caterpillar Vice President of Oil Gas and Marine Division

CAT1 Stock  EUR 386.00  0.50  0.13%   

President

Mr. Joseph E. Creed was appointed as a Vice President of Oil Gas and Marine Division of the company, effective march 01, 2019. he was Interim Chief Financial Officer of the Company. He has served in his current position as a vice president of the Company with responsibility for the Finance Services Division of the Company since January 1, 2017. Mr. Creed joined Caterpillar in 1997 and has held numerous positions of increasing responsibility within Corporationrationrate Accounting, the TrackType Tractors Division and Large Power Systems Division, where he served as senior business resource manager. He then served as chief financial officer for the Energy Transportation segment prior to becoming FSD vice president in 2017 since 2021.
Age 47
Tenure 3 years
Phone224 551 4000
Webhttps://www.caterpillar.com
Creed is a Certified Public Accountant and holds a bachelor’s degree from Western Illinois University.

Caterpillar Management Efficiency

The company has return on total asset (ROA) of 0.074 % which means that it generated a profit of $0.074 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4137 %, meaning that it generated $0.4137 on every $100 dollars invested by stockholders. Caterpillar's management efficiency ratios could be used to measure how well Caterpillar manages its routine affairs as well as how well it operates its assets and liabilities.
Caterpillar has accumulated 25.6 B in total debt with debt to equity ratio (D/E) of 2.3, implying the company greatly relies on financing operations through barrowing. Caterpillar has a current ratio of 1.57, which is within standard range for the sector. Debt can assist Caterpillar until it has trouble settling it off, either with new capital or with free cash flow. So, Caterpillar's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Caterpillar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Caterpillar to invest in growth at high rates of return. When we think about Caterpillar's use of debt, we should always consider it together with cash and equity.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company was founded in 1925 and is headquartered in Deerfield, Illinois. CATERPILLAR INC operates under Farm Heavy Construction Machinery classification in Germany and is traded on Frankfurt Stock Exchange. It employs 97300 people. Caterpillar (CAT1) is traded on Frankfurt Exchange in Germany and employs 109,100 people.

Management Performance

Caterpillar Leadership Team

Elected by the shareholders, the Caterpillar's board of directors comprises two types of representatives: Caterpillar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Caterpillar. The board's role is to monitor Caterpillar's management team and ensure that shareholders' interests are well served. Caterpillar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Caterpillar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Rust, Independent Director
Karl Weiss, Chief Technology Officer, Vice President of Innovation and Technology Development Division
William Schaupp, Chief Officer
Debra ReedKlages, Independent Director
Ramin Younessi, Group President of Energy & Transportation
Anthony Fassino, Group President of Construction Industries
Denise Johnson, Group President - Resources Industries
Kyle Epley, Vice President of Finance Services Division
Juan Gallardo, Independent Director
Rayford Wilkins, Independent Director
William Ainsworth, Group President of Energy and Transportation
Suzette Long, General Counsel, Corporate Secretary, Chief Legal Officer
Marc Cameron, Vice President
Donald Umpleby, Chairman of the Board, Chief Executive Officer, Director
Pam Heminger, Vice President - Strategic Procurement Division
Miles White, Independent Director
Joseph Creed, Vice President of Oil Gas and Marine Division
Bob Lange, Group President of Customer and Dealer Support
Thomas Pellette, Senior Vice President of Caterpillar
Daniel Dickinson, Independent Director
David Calhoun, Presiding Independent Director
Kelly Ayotte, Independent Director
Andrew Bonfield, Chief Financial Officer
James III, Chairman CEO
G Marvel, Chief Accounting Officer
Gerald Johnson, Director
Courtney Dean, Chief Officer
Martin Haycraft, Vice President of Caterpillar Rail Division
Jamie Engstrom, VP Officer
William Osborn, Independent Director
Susan Schwab, Independent Director
Cheryl Johnson, Chief Human Resource Officer

Caterpillar Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Caterpillar a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in Caterpillar Stock

When determining whether Caterpillar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Caterpillar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Caterpillar Stock. Highlighted below are key reports to facilitate an investment decision about Caterpillar Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caterpillar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Caterpillar Stock please use our How to Invest in Caterpillar guide.
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Please note, there is a significant difference between Caterpillar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caterpillar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caterpillar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.