Caterpillar (CAT) Turns To Derrick York For Resource Industries Leadership

Caterpillar (NYSE:CAT) announced that Denise Johnson will retire as group president of Resource Industries, effective early 2025. The firm has appointed Derrick York, currently a senior Caterpillar executive, to succeed Johnson as head of Resource Industries. Johnson, who has led the Resource Industries segment, is credited internally with helping drive Caterpillar's mining business to record performance. York brings experience in power generation and finance inside Caterpillar, pointing to...