Caterpillar has announced that it will divide its Energy & Transportation segment into two divisions, one of which will focus entirely on the development of electric power generation.
The move comes in the midst of a major reshuffling among Cat’s executive office and vice presidents, spurred by a move back home for Tom Pellette, the company’s current group president fo Construction Industries.
Pellette, who is returning home to San Diego to spend more time with family, will become a senior vice president of the company and the president of Solar Turbines, a Cat subsidiary that makes and services gas turbine systems and compressors for the oil, gas and power generation industries, according to a press release. Pellette has more than 20 years of experience in this market and he replaces current Cat VP and Solar Turbines president Pablo Koziner. More on Koziner in a bit.
In his new role, Pellette will also serve as a strategic advisor to the Cat executive office.
The chain of new appointments in Pellette’s wake, effective March 1, includes his succession as group president of Construction Industries by Ramin Younessi.
In his new role, Younessi, currently the group president of Energy & Transportation, will lead the company’s Earthmoving, Excavation, Building Construction Products, China Operations and Global Construction & Infrastructure divisions, as well as Global Rental and Used Equipment Services.
