Caterpillar Chairman and CEO to Chair International Engagement Effort for Business Roundtable

Washington – Business Roundtable (BRT) Chairman Jim McNerney, Chairman, President & CEO of The Boeing Company, announced today the selection of Doug Oberhelman, Chairman & CEO of Caterpillar Inc., as the new Chair of BRT’s International Engagement Committee.

“With 95 percent of the world’s consumers living outside the United States, expanding market access for American companies and workers to sell products and services to these customers is essential to U.S. job creation and economic growth,” said McNerney. “As the CEO of one of America’s most successful companies and exporters, Doug Oberhelman is a natural choice to serve as the voice of America’s CEOs on international trade and investment.”

“America must regain its leadership role in opening markets and creating economic growth and jobs,” said Oberhelman. “Our immediate priority is final approval of the pending U.S. trade agreements with Colombia, Panama and South Korea and bipartisan Trade Adjustment Assistance legislation. However, much more needs to be done to further U.S. competitiveness in the global economy. I am committed to leading an aggressive advocacy effort for policies to boost U.S. exports, promote growth and investment in the United States and globally, and create U.S. jobs.”

BRT is a leader in promoting the benefits of international trade and investment and in seeking policies that will lower barriers to international commerce and expand access to foreign markets for American goods and services. BRT also advocates for strong enforcement of U.S. rights under existing trade and investment agreements to ensure that U.S. workers, farmers, consumers and companies are treated fairly.