Caterpillar Announces Appointment of New Vice President
Caterpillar Inc. (NYSE: CAT) announced the appointment of Marc Cameron as vice president of its Resource Industries Sales, Services and Technology Division, effective November 2, 2020. Cameron brings over 20 years of experience in mining, having previously worked with Rio Tinto, and has led complex global teams. This appointment aims to enhance customer focus and accelerate growth in services and technology solutions. Cameron's extensive background in mining operations and engineering is expected to contribute positively to Caterpillar's strategic goals.
- Appointment of Marc Cameron as vice president expected to enhance customer focus.
- Cameron's extensive experience in mining and engineering could accelerate growth in services and technology solutions.
- Concerns over continuity and experience gaps due to management change.
DEERFIELD, Ill., Sept. 16, 2020 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today its board of directors has appointed Marc Cameron a company vice president. Cameron will have responsibility for Caterpillar's Resource Industries Sales, Services and Technology Division.
Cameron has 20 years of deep expertise in surface and underground mining, with early career experience in the construction industry. He has led complex global teams and has extensive knowledge of mining operations, having served in various roles as a leader on the Rio Tinto team, one of Caterpillar's largest mining customers. He will begin his duties with Caterpillar on November 2, 2020, and will be based in Tucson, Arizona.
"Marc's deep mining experience will further enhance our customer focus and accelerate the growth of Caterpillar services, including technology solutions," said Denise Johnson, Caterpillar group president of Resource Industries.
Cameron joined Rio Tinto in 2003 and has led the full value stream of some of the company's copper and diamond mines, including the Rio Tinto Kennecott mine outside of Salt Lake City, Utah. Most recently, he led the development and execution of the end-of-life strategy for Rio's North American legacy assets. Prior to joining Rio Tinto, Cameron was a civil engineer for Peter Kiewit and Sons, a large construction and engineering organization. Cameron holds a Bachelor of Science degree in engineering from University of New Brunswick and holds a Master of Business Administration.
About Caterpillar
Since 1925, Caterpillar Inc. has been helping our customers build a better world – making sustainable progress possible and driving positive change on every continent. With 2019 sales and revenues of
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