[4][5] After graduating from Rose-Hulman, Umpleby joined Solar Turbines, Inc. in San Diego, California, shortly thereafter.
Immediately prior to becoming CEO in 2017, Umpleby was group president of Caterpillar’s energy and transportation business segment.
[8] In September 2017, Caterpillar held a conference for investors at which Umpleby presented the details of a new corporate strategy focused on profitable growth, through expanded product offerings, increased focus on operational excellence and providing services in digitally-enabled technologies and other areas that support customers.
with a new approach similar to what we have seen from its peers, such as Deere (DE), Parker Hannifin (PH), Cummins (CMI) and Illinois Tool Works (ITW) that are further along this journey.
If executed, we believe that this should drive improved financial returns, which are currently in the middle of the pack, and a possible re-rating of the stock over time.”[9][10][editorializing] Umpleby was elected to the board of directors of the Chevron Corporation effective March 1, 2018.