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>> CATERPILLAR INC. Latest News

APR 23, 2013 - Washington Business Journal

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Caterpillar CEO pay increased in 2012, despite mining business woes

Caterpillar Inc. reported weak earnings yesterday, and profits were lower than expected. So it may be surprising that CEO Doug Oberhelman’s compensation rose 32 percent from 2011 to 2012, according to a report by Dow Jones. In total, Oberhelman received about $22.4 million in compensation, up from $16.9 million the year before, the report said, which represented an increase in every compensation category. The disclosure comes as Caterpillar (NYSE: CAT) fends off criticism of recent acquisitions…

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