Owens to depart from Caterpillar this week

06/28/2010 | Peoria Journal Star (Ill.) · Peoria Journal Star (Ill.)

Jim Owens, who spent the past 38 years at Caterpillar as CEO, will retire Thursday after seven years at the helm. Owens says the company is poised for income growth based on its stock value and bigger international presence. "My goal was to leave a much better Caterpillar than when I came in. That would be a legacy," he said. Owens will remain chairman until October.

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Peoria Journal Star (Ill.) · Peoria Journal Star (Ill.)

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