Joseph Creed is Chief Executive Officer of Caterpillar Inc (CAT). The company reported total compensation of $17,008,077 for fiscal year 2025.
| Salary | $1,381,892 |
|---|---|
| Bonus | $0 |
| Stock awards | $9,538,484 |
| Option awards | $3,101,117 |
| Non-equity incentive plan | $2,476,800 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $509,784 |
| Total | $17,008,077 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Caterpillar Inc filed April 30, 2026, accession 0001308179-26-000358.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer | $1,381,892 | $0 | $9,538,484 | $3,101,117 | $2,476,800 | $0 | $509,784 | $17,008,077 |
| FY2024 | Chief Operating Officer | $1,115,000 | $0 | $5,973,437 | $1,749,968 | $1,887,700 | $0 | $404,460 | $11,130,565 |
| FY2023 | Chief Operating Officer | $819,092 | $0 | $2,199,975 | $2,199,962 | $1,771,700 | $0 | $253,746 | $7,244,475 |
| FY2022 | Group President | $702,425 | $0 | $1,849,964 | $1,849,982 | $1,320,900 | $0 | $257,654 | $5,980,925 |
| FY2021 | Group President | $665,000 | $0 | $2,499,990 | $2,500,000 | $1,227,300 | $0 | $289,991 | $7,182,281 |
Totals as disclosed in each year's own compensation disclosure for Caterpillar Inc.
| Peer-group chief executive median | $23,734,184 |
|---|---|
| Difference from that median | $-6,726,106 |
| Percentile within the disclosed peer group | 11th |
| Peers with a disclosed figure | 18 |
Medians and percentiles are computed across the peer group Caterpillar Inc discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| D. James Umpleby III | Executive Chairman | $22,191,496 |
| Joseph Creed this page | Chief Executive Officer | $17,008,077 |
| Christy Pambianchi | Chief Human Resources Officer | $10,674,916 |
| Andrew R. Bonfield | Chief Financial Officer | $7,447,699 |
| Denise Johnson | Group President | $6,152,351 |
| Bob De Lange | Group President | $6,020,675 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Caterpillar Inc compensation brief.
Joseph Creed's compensation sits inside Caterpillar Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.