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FILE - This undated file photo provided by Caterpillar Inc., shows Jim Umpleby, who will replace Doug Oberhelman as CEO of the construction and mining equipment company on Jan. 1, 2017. Caterpillar officials say its new CEO will bring experience in the global markets and an understanding and respect for the company's place in central Illinois. (Kevin May/Caterpillar Inc. via AP)

FILE - This undated file photo provided by Caterpillar Inc., shows Jim Umpleby, who will replace Doug Oberhelman as CEO of the construction and mining equipment company on Jan. 1, 2017. Caterpillar officials say its new CEO will bring experience in the global markets and an understanding and respect for the company's place in central Illinois. (Kevin May/Caterpillar Inc. via AP)

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