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Caterpillar names Derrick York new Resource Industries president as Denise Johnson retires in 2027

Market News
15 Oct 2026
PRNewsWire
View Source
Bullish
Caterpillar names Derrick York new Resource Industries president as Denise Johnson retires in 2027

Caterpillar announced that Denise Johnson, group president of Resource Industries, will retire effective February 1, 2027. Derrick York, currently president of Solar Turbines and senior vice president, will take over as group president of Resource Industries starting November 1, 2026, with Johnson advising during the transition. Johnson led the mining division through a tough downturn, returning it to profitability and advancing mining technology. York brings 16 years of Caterpillar experience and leadership in industrial gas turbines and oil & gas sectors, positioning him to continue growth and innovation in Resource Industries.

As of Oct 15, 2026 20:31 WIB, Caterpillar Inc. (CAT) shares are trading at USD 715.00 on Pluang, down 4.54% for the day. The stock shows significant selling pressure with 78% of order activity on Pluang being sell orders. Caterpillar's market cap stands at $344.29 billion, highlighting its large scale despite the recent price dip.

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