Caterpillar Inc. announced that Denise C. Johnson, group president of its Resource Industries division, will retire. She will be succeeded by Derrick York, current president of the Solar Turbines subsidiary and a senior vice president at the company.
Key Details
- Outgoing President: Denise C. Johnson will transition from her role effective November 1, 2026, and will officially retire on February 1, 2027. She will serve as an advisor during the transition.
- Incoming President: Derrick York has been appointed the new group president of Resource Industries, with his new role also effective November 1, 2026.
- Background: Johnson has led the Resource Industries segment since 2016 and is credited with returning the division to profitability and achieving its strongest financial performance in over a decade.