Caterpillar Visitors Center Debuts “Leadership Moments” Video of George Schaefer
December 2, 2013
The Caterpillar Visitors Center recently debuted a new "Leadership Moments" video in its Heritage Gallery of George Schaefer, former Chairman and Chief Executive Officer, in which he recounts his upbringing and career at Caterpillar.
"We are so thankful we have this footage of George Schaefer, one of the great leaders in Caterpillar's history, within the collection of the Corporate Archives," said Lee Fosburgh, Corporate Archivist who partnered in creating the video for the Heritage Gallery. "It is an honor to showcase his leadership moments at the Caterpillar Visitors Center."
Born in Covington, Ky. in 1928, Schaefer received a Bachelor of Science degree from Saint Louis University in 1951. He joined Caterpillar that same year, initially working as a trainee in the accounting department. He held a series of accounting and auditing positions before being named chief accountant in 1960.
In 1968, he was named a corporate accounting division manager, and in 1973, he became the general manager of Caterpillar's manufacturing facility in Decatur, Ill. In 1976, he was elected vice president with administrative responsibilities for the company's financial and data processing groups. Schaefer was elected an executive vice president in 1981, a director in 1983 and a vice chairman in 1984.
Schaefer became chairman and chief executive officer in 1985. He retired from Caterpillar in 1990 following a distinguished 39-year career. Schaefer died the morning of April 10, 2013, in Peoria, Ill., at the age of 84.
"I'd like to be remembered as a CEO who made a contribution in his day to the company's well-being…" says Schaefer in the video. "Who worked hard all of the time he was with the company and who was fair, honest and ethical in everything he did."
The video is currently on display at the Caterpillar Visitors Center in Peoria, Ill. Plan your visit today at caterpillar.com/visitors-center.
Stu Levenick Completes His Tenure as AEM Chairman; Accepts Pillar of the Industry Award
December 2, 2013
Caterpillar Group President Stu Levenick ended his tenure as Chairman of the Association of Equipment Manufacturers (AEM) at their annual conference, November 3-5 in Orlando, Florida. As 2013 AEM Chairman, Stu had the honor of emceeing the event. In one of his final acts as Chairman, Levenick welcomed 2014 AEM Chairman Rick Patek, Group Vice President of Aggregate & Mining, Astec Industries Inc.
"It's been a memorable year. I'm confident that we will build on the successes of this year and achieve even more impressive accomplishments working under the capable leadership of our 2014 Chair Rick Patek. My term as your AEM Chair is now complete, but it certainly does not mark the end of my commitment and involvement in AEM. Thank you for the opportunity to serve each of you and our industry," said Levenick.
In appreciation of Levenick's service to the organization, he was named a Life Honorary Director of AEM. In his year as Chairman, the organization focused on AEM's new financial model, expanded advocacy program, improved member services, increased member engagement and global business development.
Click here to read Levenick's final message as Chairman to the AEM membership.
Also at the conference, Levenick accepted AEM's Pillar of the Industry award on behalf of Caterpillar. The award recognizes member companies who have achieved or maintained Gold-level status in the Association's I Make America pro-manufacturing advocacy campaign. Gold status signifies the highest level of involvement in the campaign. The award recognizes dedication to the people and communities of the equipment manufacturing industry through extensive I Make America activities. Actions can include significant employee involvement; outreach to state, local and federal legislators; and promoting campaign sign-ups at trade shows and with allied trade associations.
AEM is the North American-based international trade group providing innovative business development resources to advance the off-road equipment manufacturing industry in the global marketplace. AEM membership comprises more than 800 companies and 200-plus product lines in the agriculture, construction, forestry, mining and utility sectors worldwide. To learn more about AEM, visit their website at www.aem.org.
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