McHenry County EDC News

Chairman & CEO of Caterpiller EDC's 20th Anniversary Dinner Speaker

Pam Cumpata announced Friday that we have secured Doug Oberhelman, Chairman & CEO of Caterpillar,  as our Annual Dinner Speaker, November 3rd, 2011.  A graduate of Woodstock High School,  we are proud that he has accepted our invitation to help us celebrate our 20th Anniversary.

Oberhelman  joined Caterpillar in 1975 and  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 Caterpillar Japan Ltd. (CJL) - Tokyo, Japan.

In 1995, he was elected as Vice President and served 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. In 1998, he 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.

Oberhelman was elected a group president and member of Caterpillar’s executive office in 2002 where he was responsible for financial products, legal services, auditing & compliance, global purchasing, human services, remanufacturing, corporate treasury, tax, and investor relations. His responsibilities also included marketing, rail, energy and power systems businesses, as well as marketing, manufacturing and sales operations in Asia Pacific and Japan. In October 2009, the Caterpillar Board of Directors named Oberhelman vice chairman and CEO–Elect. During this time, he led a team that developed the future strategic plan for the company.

Oberhelman was elected chief executive officer and a member of the Board of Directors in July of 2010, and became chairman on November 1, 2010. 

In addition to his Caterpillar responsibilities, he is currently a director for the boards of Eli Lilly and Company, serving on the Audit and Finance Committees, and The Nature Conservancy - Illinois Chapter. He is also a member of the board of directors of the Association of Equipment Manufacturers, the National Association of Manufacturers, serving as vice chairman and Finance Committee chair, the Manufacturing Institute and the Wetlands America Trust. Oberhelman is also a member of the Business Roundtable and The Business Council. He has served as chairman of the board of trustees for Millikin University and chairman of the board of directors for Easter Seals. He is a former director for the board of Ameren Corporation, where he served as chairman of the Ameren Corporation Audit Committee and a member of the Nominating and Governance Committee and the Public Policy Committee. Oberhelman is also a former director for the boards of South Side Bank, Millikin University and Easter Seals.

Doug Oberhelman's business accumen is exceptional and we are pleased to have him as our keynote speaker.  

Please save the date:  November 3rd, 2011 - Holiday Inn Crystal Lake


McHenry County Economic Development Corporation
P: 815-893-0895
F: 815-893-6542

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