Optimism surrounds Oberhelman as new Caterpillar CEO

07/6/2010 | Peoria Journal Star (Ill.)

Doug Oberhelman, who took over Thursday as the new CEO at Caterpillar, learned a valuable lesson from his father, a John Deere salesman -- stay in touch with the customer to build loyalty. "We have a lot of respect for him and we know a lot of others do also, so we are more optimistic," said Dave Chapman, president of United Auto Workers Local 974. Analysts express optimism as well.

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Peoria Journal Star (Ill.)

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