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Caterpillar announces officer retirement, other changes

Gwenne HenricksCaterpillar Inc., a manufacturer of construction and mining equipment, announced that following a distinguished career of more than 35 years with the company, Gwenne Henricks, is retiring.

Ms. Henricks has spent the last four years leading the company’s R&D and technology strategies, concluding a successful 35 years of service to the company.

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Since joining Caterpillar in 1981, Ms. Henricks held numerous product development, management and business leadership positions with increasing responsibility before being named vice president with responsibility for the Electronics and Connected Worksite Division in 2007.

She then became vice president with responsibility for the Industrial Power Systems Division before the Board of Directors named her to her most recent position in 2012.

Ms. Henricks has both a bachelor’s degree in physics and a master’s degree in electrical engineering from Bradley University, a master’s in business administration from the University of Illinois and completed the Managing Engineering Design and Development Program at Carnegie Bosch Institute, Carnegie Mellon University.

Current Advanced Component & System Division (ACSD) Vice President Jean Savage will lead this newly formed team of ACSD and PD & GT employees.

Ms. Savage, who joined Caterpillar subsidiary Progress Rail Services (PRS) in 2002, has an extensive background in engineering and manufacturing with PRS, Caterpillar and in the industry for 14 years prior.

She also spent nine years in the Army Reserves as a military intelligence officer.

Ms. Savage has a bachelor’s degree in electrical and computer engineering from the University of Cincinnati and a master’s degree in engineering management from the University of Dayton.

The manufacturing functions within ACSD will be led by current ACSD Operations General Manager Steve Ferguson. The organizational changes are effective September 1, 2016.




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