James W. Owens
James W. Owens is an American economist and manufacturing executive. He 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. He held the positions from 1 February 2004 through 2010.
Biography
Early life
Owens, a native of Elizabeth City, North Carolina, graduated from North Carolina State University, in 1973 with a Ph.D. in economics.
Career
After joining the company in 1972 as a corporate economist, he has held numerous management positions.
Owens was named chief economist of Caterpillar Overseas S.A. in Geneva, Switzerland in 1975. From 1980 until 1987 he held managerial positions in Peoria in the Accounting and Product Source Planning Departments. In 1987 he became managing director of P.T. Natra Raya, Caterpillar's joint venture in Indonesia. He held that position until 1990, when he was elected a corporate vice president and named president of Solar Turbines Incorporated, a Caterpillar subsidiary in San Diego. In 1993 he came to Peoria as vice president and chief financial officer with administrative responsibility for the Corporate Services Division.