Caterpillar Inc.

John Newman (right) will succeed Marty Haycraft (left) as SVP of Caterpillar and President and CEO of Progress Rail when Haycraft retires at the end of the year.
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Caterpillar’s Haycraft to Retire

Caterpillar Inc. announced on Oct. 24 that Marty Haycraft, Caterpillar Senior Vice President and President and CEO of Progress Rail, a Caterpillar Company, will retire at the end of 2022 after 32 years of service. He will be succeeded by John Newman.

Pictured: Canadian Pacific’s locomotive 9023 “helped celebrate Electro-Motive’s centennial,” CP tweeted on Aug. 21. “The second-to-last-built in the popular SD40-2 line appeared at an EMD employee event at @IlRailwayMuseum. Congrats to EMD, and thanks for helping us move the freight North Americans depend on!” (Photograph Courtesy of CP, via Twitter)
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Supply Side: Progress Rail, PTSI Transportation

Progress Rail, a Caterpillar Inc. company, celebrates EMD®’s 100th anniversary at the Illinois Railway Museum. Also, railroad, rail transit and bus consultancy PTSI Transportation turns 50.