George Moubayed, senior vice president of Caterpillar’s Enterprise Strategy Division, will add the duties of Chief Sustainability and Strategy Officer to his responsibilities in 2024. He will succeed Lou Balmer-Millar in that position upon her retirement at the end of 2023.
According to International Rental News, as Chief Sustainability and Strategy Officer Moubayed will report directly to Jim Umpleby, Caterpillar Chairman and CEO. In describing the importance of the position, Umpleby said: “Sustainability is an integral part of this strategy as we help our customers achieve their climate-related objectives and build a better, more sustainable world.”
During his 25 year career with Caterpillar Moubayed has held a number of leadership positions including vice president and general manager of load and haul products for Resource Industries, and vice president for aftermarket solutions for the segment. He is a graduate of McGill University in Montreal, Canada with a degree in engineering.
A recent article in Compact Equipment magazine explored the difference and offered some guidelines for selecting the best balance for various applications.
Read moreThe Construction Index reports that April marked the third consecutive month of construction output growth in Great Britain according to the Office for National Statistics.
Read moreAccording to a recent Construction Briefing article, the Hamburg Commercial Bank Purchasing Managers’ Index declined to 45.6 in May from April’s 46.0, with any score under 50 representing a decline in activity.
Read moreA recent article in Compact Equipment magazine explored the difference and offered some guidelines for selecting the best balance for various applications.
Read moreIn an article in Construction Briefing magazine, Ace Construction Equipment (ACE) executive director, Sorab Agarwal, cited India’s 6.5 percent annual GDP growth rate and expanding domestic and international markets for the company’s success.
Read moreRental attachments are an often-overlooked profit builder, and smart management is the key to a better return on your investment. A recent article in Pro Contractor Rentals magazine offered four suggestions for running a smarter rental yard.
Read moreExecutives at major North American lift manufacturers anticipate product demand to soften moderately in 2025.
Read moreThe event will allow industry experts to share insights on a range of issues, OEM trends and current and emerging technologies.
Read more
