Caterpillar appoints new Chief Sustainability Officer
Dr Lou Balmer-Millar will take on a larger role at Caterpillar as Chief Sustainability Officer in addition to her current responsibility as Senior Vice President of the Large Power Systems Division within the Energy and Transport segment.
Dr Balmer-Millar succeeds Julie Lagacy, Caterpillar’s first Chief Sustainability and Strategy Officer, retiring on 1 February 2023. In her new capacity, she will report directly to Jim Umpleby, Chairman and CEO of Caterpillar.
Umpleby said, “Sustainability is an important focus area of our long-term strategy for profitable growth. Building on her role in Caterpillar’s Energy and Transportation segment, this move further enhances the advancement of product solutions to support our customers during the energy transition and help them achieve their climate-related objectives by geography, by application and by specific customer need.”
Dr Balmer-Millar has held several technical and business leadership positions of increased scope and responsibility over her 20-year career with Caterpillar. Prior to joining the company, she led materials and chemical engineering research efforts at the Environmental Molecular Science Laboratory of the Pacific Northwest National Laboratory.
