Caterpillar names Derrick York group president of Resource Industries
Denise Johnson steps down as group president effective November 1, 2026, and has elected to retire effective February 1, 2027.
GetSignal Caterpillar Inc. CAT
Caterpillar's board of directors appointed Derrick York on October 14, 2026, as group president of Resource Industries, effective November 1, 2026. Caterpillar announced the appointment on October 15, 2026.
York is currently president of the Solar Turbines subsidiary and a senior vice president of Caterpillar. Since 2023, he has led the global business unit that provides industrial gas turbines and compressors for oil and gas and power generation applications. He has spent 16 years with the company, including as senior vice president of its Oil and Gas and Marine division.
Denise Johnson, group president of Resource Industries, has elected to retire effective February 1, 2027, according to the company. Johnson joined Caterpillar in 2011 and assumed leadership of Resource Industries in 2016. Caterpillar said she will take an advisory role from November 1, 2026, to support a seamless leadership transition.
Chairman and CEO Joe Creed said York understands the company's customers, its strategy and the industries it serves.
Key facts
- York appointed by board
- October 14, 2026
- York becomes group president of Resource Industries
- November 1, 2026
- Johnson steps down as group president
- November 1, 2026
- Johnson retirement effective
- February 1, 2027
Sources: Form 8-K filed October 15, 2026, and the company's release on PR Newswire, October 15, 2026.
Written by GetSignal with AI from the company's press release.
Not investment advice.
