Dec. 28, 2009: Marina Rietman’s retirement msg: … Dear Friends and Colleagues, … As you may have heard, on Monday, December 21, I am retiring from the Caterpillar. I would like to take this opportunity to say an immense thank you to all of you who have helped me in some way over the past 23 years and would like you to know that I have appreciated your assistance, whether it was in a small way or in a huge way – Thank you all from the bottom of my heart.

I will have lots of things to do in my retirement as I have many hobbies to pursue – in fact I will need three lifetimes to do all the things I want to do so I won’t be bored. My daughter is expecting a baby in June next year so that will make my retirement even more rewarding.

I have enjoyed my 23 years here at Caterpillar and have learnt so much and have made many friends – you can’t ask for anything more when you get knowledge and friendship in a job that you enjoy. To each and everyone of you, Au Revoir until we meet again. It has been a great pleasure working with you all over the years.

I wish you all a Very Merry Christmas and a Happy, Healthy and Safe New Year and wish you and your families well in the years to come.

Hope to see you every now and then around the local area. Au Revoir for now. … Kindest regards, Marina

Dec. 28, 2009:  …. Roger Davey’s retirement msg: … To all my old and young friends around the boating industry, (the ‘old ones’ were young when I first met you, if you know what I mean, like me). 

Some of you already know but I have finally decided to call it quits and head for the long green padock and retire. After a total of 53 years of working 9-5 which started in Jan’ 1957, as an probationary apprentice, at a company called Armstrong Siddeley which later became Rolls Royce and as an office boy, I think its long enough and time. 

To set the Caterpillar record straight its 30years since I started with the Dealer network on 20Janurary 1980 to be precise. I first started with William Adams the Victorian and Tasmanian Caterpillar Dealer and later changed, with the times over to the newly formed Caterpillar Engine Dealer, Energy Power Systems. 

I guess in this day and age not too many get to stay as long as me with one company, another sign of the times. 

The marine industry has been great fun, very varied and meeting all of you in your different fields whether you are Marine Architects, military personel, boat builders, engineers, boat owners, boat operators, fishermen or just like being around the water, wasn’t it “Ratty” of ‘Wind in the Willows’, who said ‘just like messing about in boats’. Some one else said a boat displaces a lot of water and one pours into it, lots of money, whatever its all good fun. 

If any of you feel you want send me gold medals that’s fine (golds worth a bit) I’ll be happy to receive them. The big thing is, I want thank all of you for making my working life good fun to come to work for, the boat shows, lunches and evening drinks with some of you, all good memories and I guess fair to say I will miss the contact and the trips 

Look out some of you, I have your numbers and will be travelling the coastline, with the boss and my golf clubs, so it could be golf or just dinner and drinks. 

This just leads me to say to all of you and your families have a happy and safe Christmas and properous New Year. 

Signing off, your old ‘pommie’ mate. … Roger J. Davey  

 Dec. 2, 2009: … In line with severe cost cutting measures this year, there will ne no traditional Christmas lunch held at CofA, Tullamarine. There will however be an informal BBQ lunch held on Dec. 23, to which retirees are to be invited in the normal manner from HR through the Post.

Oct. 23, 2009: … following CAT INC news of interest – new CEO-elect:- 

CATERPILLAR NEWS RELEASE – October 22, 2009   … A new press release is now available on the Corporate News Portal on Cat @work.   … Press Release Title: Caterpillar Outlines Leadership Succession Plan; Board Names Doug Oberhelman Vice Chairman and Chief Executive Officer – Elect   

Caterpillar Outlines Leadership Succession Plan; Board Names Doug Oberhelman Vice Chairman and Chief Executive Officer – Elect 

PEORIA, IL – The Board of Directors of Caterpillar Inc. (NYSE: CAT) elected Douglas 

R. Oberhelman to the offices of Vice Chairman and Chief Executive Officer – Elect, effective January 1, 2010. Oberhelman, 56, currently serves as Group President of Caterpillar with responsibility for the company’s engine and gas turbine businesses, human services, rail services and remanufacturing divisions. As Vice Chairman and Chief Executive Officer – Elect, Oberhelman will take on the additional responsibilities of managing the leadership transition and updating the company’s strategy.  

Announcing the succession plan at this time allows Oberhelman to concentrate on aligning resources for the future and defining critical success factors for Caterpillar’s leadership going forward. He will serve as Vice Chairman and Chief Executive Officer – Elect until the June 2010 Caterpillar Board of Directors meeting, at which time he will be elected Chief Executive Officer and a member of the Board of Directors, succeeding James W. Owens, 63. 

Owens will continue to serve as Chairman of the Board and Chief Executive Officer until July 1, 2010. He will remain as Chairman of the Board through October 31, 2010, when he will retire in accordance with the company’s long-standing mandatory retirement policy and be succeeded by Oberhelman at that time.  

“Jim informed us in 2008 that he was planning to retire in the fall of 2010 and has worked extensively with the Governance Committee and the Board of Directors over the last 12 months to develop a succession plan to smoothly transition the company into its next phase of executive leadership and to align the transition with the company’s annual and long-term strategic planning cycles,” said W. Frank Blount, Presiding Director and Chairman of the Governance Committee of Caterpillar’s Board of Directors. “Jim has provided exceptional leadership to the company during its most significant period of growth and also during the most severe global economic recession since the 1930s,” Blount added. 

Owens has given his full support to his successor. “Doug has gained a broad understanding of Caterpillar’s business through his diverse background, which has ranged from serving as our Chief Financial Officer, to focusing on operational excellence in Cat’s engine manufacturing operations, to leading marketing efforts in the Americas,” said Owens. “Doug’s expertise in all critical facets of our business, combined with his international business experience in Asia and Latin America, and his relentless focus on execution and results make him uniquely qualified to lead Caterpillar in today’s global economy,” added Owens. 

Reflecting on the accomplishments of the person he will succeed, Oberhelman noted, “Jim has been instrumental in redefining Caterpillar and putting in place a strategy to achieve the company’s Vision 2020. This highly focused strategic plan has resulted in a clear vision for the company and laid the foundation for Caterpillar’s outstanding performance to date in these very difficult economic times. I am truly honored to follow him as Chairman and CEO and to lead one of the most dedicated and talented groups of employees in our industry,” said Oberhelman.  

Doug Oberhelman’s Caterpillar History 

Oberhelman joined Caterpillar in 1975 in the corporate treasury department and has held a variety of positions, including senior finance representative based in South America for Caterpillar Americas Co.; region finance manager and district manager for the company’s North American Commercial Division; and managing director and vice general manager for strategic planning at Shin Caterpillar Mitsubishi Ltd. in Tokyo, Japan.  

Oberhelman was elected a vice president in 1995, serving as Caterpillar’s chief financial officer with administrative responsibility for the corporation’s accounting, information services, tax, treasury, investor relations and marketing support services areas from 1995 to November 1998. He then became vice president with responsibility for the Engine Products Division, including the market development, strategic planning, supplier management, electric power generation and worldwide marketing and administration for Caterpillar’s engine business. He was elected a group president and member of Caterpillar’s executive office in 2002 and has had responsibility for the company’s Asia Pacific region as well as Cat’s financial products and strategic support divisions. He also was responsible for the legal services and systems and processes divisions. He currently oversees the human services and sustainable development functions as well as Caterpillar’s growing remanufacturing business. He also leads the worldwide manufacturing, marketing and support of industrial and large power systems, industrial gas turbines and Progress Rail Services.  

Oberhelman has a bachelor’s degree from Milikin University. He has served as chairman of the board of trustees for Milikin University and chairman of the board of directors for NC2 Global LLC, a Caterpillar and Navistar International joint venture. He is a former director for the boards of South Side Bank, Milikin University and Easter Seals. He is director for the boards of The Nature Conservancy – Illinois Chapter; Ameren Corporation, serving as chairman of the Ameren Corporation Audit Committee and a member of the Nominating and Governance Committee; and Eli Lilly and Company, serving on the Audit and Finance Committees. He is also a member of the board of the National Association of Manufacturers, the Manufacturing Institute and the Wetlands America Trust. 

 Jim Owens’ Caterpillar History 

Owens was elected Chairman and Chief Executive Officer of Caterpillar on February 1, 2004. He joined the company in 1972 as a corporate economist and was named chief economist of Caterpillar Overseas S.A. in Geneva, Switzerland in 1975. From 1980 until 1987 he held managerial positions in Peoria in the Accounting and Product Source Planning Departments. In 1987 he became managing director of P.T. Natra Raya, Caterpillar’s joint venture in Indonesia. He held that position until 1990, when he was elected a corporate vice president and named president of Solar Turbines Incorporated, a Caterpillar subsidiary in San Diego. In 1993 he came to Peoria as vice president and chief financial officer with administrative responsibility for the Corporate Services Division. 

 In 1995, Owens was named a group president and member of Caterpillar’s Executive Office. Over the next eight years as a group president, Owens was at various times responsible for 13 of the company’s 25 divisions. 

 Owens, a native of Elizabeth City, North Carolina, graduated from North Carolina State University in 1973 with a Ph.D. in economics. He is a director of Alcoa Inc. in Pittsburgh, Pennsylvania and IBM Corporation in Armonk, New York. Owens is a director of the Peterson Institute for International Economics; a director of the Council on Foreign Relations; and a member of the Global Advisory Council to The Conference Board in New York. He is Chairman of the International Trade and Investment Task Force of the Business Roundtable; Chairman of the Business Council; and a member of the President’s Economic Recovery Advisory Board in Washington, D.C. 

 About Caterpillar: 

For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2008 sales and revenues of $51.324 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at 

 Safe Harbor 

Certain statements in this release relate to future events and expectations and as such constitute forward-looking statements involving known and unknown factors that may cause actual results of Caterpillar Inc. to be different from those expressed or implied in the forward-looking statements. In this context, words such as “will,” “would,” “expect,” “anticipate,” “should” or other similar words and phrases often identify forward-looking statements made on behalf of Caterpillar. It is important to note that actual results of the company may differ materially from those described or implied in such forward-looking statements based on a number of factors and uncertainties, including, but not limited to, (i) adverse change in general economic conditions; (ii) adverse change in the industries 

Caterpillar serves including construction, infrastructure, mining, energy, marine and electric power generation; (iii) Caterpillar’s ability to manage material, including steel, and freight costs; (iv) Caterpillar’s ability to generate cash from operations, secure external funding for its operations and manage its liquidity needs; (v) material adverse change in customers’ access to liquidity and capital; (vi) currency exchange or interest rates changes; (vii) political stability; (viii) market acceptance of the company’s products and services; (ix) significant changes in the competitive environment; (x) epidemic diseases; (xi) severe change in weather conditions negatively impacting operations; (xii) 

changes in law, regulations and tax rates; and (xiii) other general economic, business and financing conditions and factors described in more detail in “Item 1A – Risk Factors” in Part II of our Form 10-Q filed with the SEC on July 31, 2009 for the 2nd quarter 2009. The filing is available on our website at We do not undertake to update our forward-looking statements. ++++ 

 August 17, 2009:  Dave Smith, highly respected and long term Caterpillar dealer employee, most recently with Energy Power Systems Australia in Brisbane, passed away following a tragic road accident this day in NSW. We express our sincere condolences to Dave’s family and friends. 




2 Responses to “NEWS NEWS NEWS”

  1. Tom Frew Says:

    I commenced an email previously but my PC jamned up on me and I am not aware if what I was writing up transmitted or simply crashed,

    However the news above is precisely the concern one has over the years for good friends who have passed beyond the Vale with nary a word to be heard.
    The proposed R & F website is a great idea and one I would hope to be able to contribute to. Nothing like tales from the Crypt to make people blink…I joke!
    Look forward to being part of the reestablished Cat community.
    Warmest regards to all

    • peteriward Says:

      Tom, it’s very pleasing to hear from you – thanks for the positive comments and Interest in the retirees & friends group.

      Please let us know whether you are happy to have your name (and any brief details you would like) included in the publicly visble Profiles page? … you can do this via a Comment/Reply via the website or at one of the two email addresses discussed below … … regardless we will add you to our ‘background’ interested member list for any direct comms we may send out to members rather than publishing on the website.

      … We (the Admin Team) have two email addresses with the preferred one being plus the first-announced email address,

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