Caterpillar Appoints New Energy & Transportation Group President

Caterpillar said that Kaiser—a 23-year company veteran—will have responsibility for the Rail Division, Solar Turbines, Large Power Systems Division, Industrial Power Systems Division, Electric Power Division, Caterpillar Oil & Gas and Marine Division, Cat Reman (remanufactured parts), and the Electrification and Energy Solutions Division.

Jason Kaiser, SVP of the Electric Power Division at Irving-based Caterpillar Inc., has been appointed Group President of the company’s Energy & Transportation segment, effective January 1.

Caterpillar said that Kaiser will have responsibility for the Rail Division, Solar Turbines, Large Power Systems Division, Industrial Power Systems Division, Electric Power Division, Caterpillar Oil & Gas and Marine Division, Cat Reman (remanufactured parts), and the Electrification and Energy Solutions Division.

“Jason’s extensive experience in engineering, product management and operations makes him well-suited to lead our Energy & Transportation segment,” Caterpillar Chairman and CEO Jim Umpleby said in a statement. “Jason leads with our Values at the forefront and will continue to make a positive impact within E&T and across our broader Caterpillar team.”

Kaiser joined Caterpillar in 2000 and has held numerous roles in engineering, sales, and operations with increasing responsibility across the electric power business, the company said.

With 2022 sales and revenues of $59.4 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, off-highway diesel, and natural gas engines, industrial gas turbines and diesel-electric locomotives.

The company said it has for nearly 100 years helped its customers build a better, more sustainable world and is committed and contributing to a reduced-carbon future.

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