Caterpillar names Derrick York Resource Industries group president, effective Nov. 1, 2026
Caterpillar said group president Denise Johnson will retire from the Resource Industries segment, with her transition effective November 1, 2026, and her retirement effective February 1, 2027. The board appointed Derrick York, currently president of Solar Turbines and a senior vice president, to lead the segment starting November 1, 2026. The filing describes a planned succession and does not include financial results or guidance.
Key points
- Derrick York to become group president of Resource Industries effective November 1, 2026
- Denise Johnson transitions to an advisory role on November 1, 2026 and retires effective February 1, 2027
- Board appointed York on October 14, 2026; announcement made October 15, 2026
- CEO Joe Creed said Johnson returned the segment to profitability and delivered its strongest financial performance in more than a decade
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.