47. Douglas R. Oberhelman
47. Douglas R. Oberhelman
Chairman and CEO, Caterpillar

Oberhelman is a long-time Caterpillar executive who led the Illinois construction and mining equipment giant through a period of slack demand during the global financial crisis. Caterpillar has had a strong 2011 driven by rebounding emerging market economies, rising global commodity prices, and government infrastructure spending worldwide. Last April, Cat paid $8.8 billion to acquire mining equipment manufacturer Bucyrus, a good move given strong expected growth in the global mining industry. Big risks for Oberhelman: Another economic downturn, which would crimp infrastructure spending, and competition from Japanese construction equipment maker Komatsu, which is especially strong in China where Caterpillar lacks a robust dealer network.


By Richard McGill Murphy, contributor @FortuneMagazine - Last updated November 17 2011: 5:58 PM ET
Join the Conversation
Howard Schultz: Businessperson of the Year

He rescued the coffee chain. It had record financial results this year. Now the CEO is on a campaign to save the country from its politicians. Here's how he blends capitalism and activism.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.