Douglas R. Oberhelman
Encyclopedia
Douglas R. "Doug" Oberhelman, born , is the head of Caterpillar Inc.
Caterpillar Inc.
Caterpillar Inc. , also known as "CAT", designs, manufactures, markets and sells machinery and engines and sells financial products and insurance to customers via a worldwide dealer network. Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas...

 in Peoria, Illinois
Peoria, Illinois
Peoria is the largest city on the Illinois River and the county seat of Peoria County, Illinois, in the United States. It is named after the Peoria tribe. As of the 2010 census, the city was the seventh-most populated in Illinois, with a population of 115,007, and is the third-most populated...

. He succeeded Jim Owens
James W. Owens
James W. Owens is the former Chairman and Chief Executive Officer of Caterpillar Inc., the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines...

 as CEO on July 1, 2010 and as Chairman of the Board
Chairman of the Board
The Chairman of the Board is a seat of office in an organization, especially of corporations.Chairman of the Board may also refer to:*Chairman of the Board , a 1998 film*Chairmen of the Board , a 1970s American soul music group...

 on November 1, 2010.

Oberhelman was raised in Woodstock, Illinois
Woodstock, Illinois
Woodstock is a far northwest suburb of Chicago in McHenry County, Illinois. The population was 20,151 at the 2000 census. The 2010 Census shows 24,770 residents. It is the county seat of McHenry County...

, and his dad was a John Deere
John Deere
John Deere was an American blacksmith and manufacturer who founded Deere & Company, one of the largest and leading agricultural and construction equipment manufacturers in the world...

 salesman. Oberhelman attended Millikin University
Millikin University
Millikin University is an American co-educational, comprehensive, private, four-year university with traditional undergraduate programs in arts and sciences, business, fine arts, and professional studies, as well as non-traditional, adult degree-completion programs and graduate programs in...

, where he was a member of Sigma Alpha Epsilon
Sigma Alpha Epsilon
Sigma Alpha Epsilon is a North American Greek-letter social college fraternity founded at the University of Alabama on March 9, 1856. Of all existing national social fraternities today, Sigma Alpha Epsilon is the only one founded in the Antebellum South...

. He graduated with a bachelor degree, and joined Caterpillar immediately afterwards in 1975. He become a Caterpillar Vice President in 1995, serving as Chief Financial Officer
Chief financial officer
The chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...

 from 1995 to 1998.

Oberhelman was on the board of Ameren
Ameren
Ameren Corporation was created December 31, 1997 by the merger of Missouri's Union Electric Company and the neighboring Central Illinois Public Service Company . It is now a holding company for several power companies and energy companies. The company is based in St...

 until April 27, 2010. His wife, Diane Oberhelman, is chairwoman of Cullinan Properties Ltd. They hosted Laura Bush
Laura Bush
Laura Lane Welch Bush is the wife of the 43rd President of the United States, George W. Bush. She was the First Lady of the United States from January 20, 2001, to January 20, 2009. She has held a love of books and reading since childhood and her life and education have reflected that interest...

 at their home for a political fundraiser for Republican
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...

 congressman Aaron Schock
Aaron Schock
Aaron Schock is the United States Representative for , serving since 2009. He is a member of the Republican Party. The district is based in Peoria and includes part of Springfield. At the age of , Schock is currently the youngest U.S. representative and the first member of the U.S. Congress born...

in September 2010.
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