Caterpillar Board of Directors Elects New Vice President and Chief Technology Officer

PEORIA, Ill., April 13 /PRNewswire-FirstCall/ -- Caterpillar Inc. (NYSE:CAT) today announced the appointment of Tana L. Utley as chief technology officer and vice president of the Technology & Solutions Division, effective June 1, 2007.

(Photo: http://www.newscom.com/cgi-bin/prnh/20070413/AQF026 )

Utley, 43, joined Caterpillar in 1986 after graduating from Bradley University with a bachelor's degree in mechanical engineering. She has held a variety of engineering and management positions throughout the company. In 2006, Utley entered the Sloan Fellows program at the Massachusetts Institute of Technology (MIT) in Boston, Massachusetts. In May, she will graduate with a masters of science in management. Prior to attending MIT, Utley led the Electronic & Electrical Systems business unit in Caterpillar's Motion & Power Control Division.

"Tana is a gifted leader with outstanding experience in engineering and the product side of our business," said Caterpillar Chairman and Chief Executive Officer Jim Owens. "Her technical expertise and proven leadership will further strengthen our commitment to product excellence and technology leadership."

Utley replaces Caterpillar Vice President Mark Pflederer, who now has responsibility for the Heavy Construction & Mining Division. Utley will report to Group President Gerry Shaheen.

For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2006 sales and revenues of $41.517 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at http://www.cat.com .


                           Biographical Information

    Tana L. Utley

Tana Utley will graduate next month with a masters of science in management from the Massachusetts Institute of Technology in Boston, Massachusetts. Prior to entering the Sloan Fellows program, Utley led the Electronic & Electrical Systems business unit in Caterpillar's Motion & Power Control Division. She also has served as the director of Engine Design, Large Engine Products & Fuel Systems Division.

Utley, 43, joined the company in 1986 after graduating from Bradley University with a bachelor's degree in mechanical engineering. She is a member of the Society of Women Engineers and Society of Automotive Engineers.

Source: Caterpillar Inc.

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