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.
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.
|Canadians arrest a Heartbleed hacker|
|US Airways won't fire worker who sent lewd tweet|
|5 people you might not tip (but should)|
|Google stock sinks after missing Street|
|Toyota unveils redesigned Camry|