JOEL D. FEUCHT
Joel D. Feucht is Director of Purchasing for the power systems businesses of
Caterpillar, responsible for consolidating purchasing spend for engine,
aftertreatment, generator, rough and machined castings, and heat transfer
categories to achieve synergies in global cost reduction and supplier quality
improvements.
Feucht, a fourth-generation Caterpillar employee, joined Caterpillar in 1988 as
a designer in the Engine Division. He held various engineering and
purchasing positions in Mossville, IL before being named in 1998 as a
manufacturing manager in the fuel system division in Pontiac, IL. In 2001, he was named materials
manager for the division with responsibility for purchasing and logistics.
Feucht became global segment manager in Global Purchasing for engine components in 2003, based
in Peterborough, United Kingdom. He returned in late 2005 as a component product manager
responsible for launching Caterpillar’s growing aftertreatment and cooling systems businesses.
In 2006, Feucht was named director of purchasing for the engine businesses located in Mossville, IL.
He also leads the enterprise cost reduction team initiative, formed in 2009 to deliver incremental
material cost reduction for the company.
Feucht completed The Executive Program at the University of Virginia’s Darden Graduate School of
Business in 2008. He has a bachelor’s degree in mechanical engineering from the University of
Illinois.
He is married with three children and enjoys traveling, reading, and playing sports. He chairs the
board of the Peoria Area Youth for Christ, reaching teenagers locally.
About Caterpillar:
For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving
positive change on every continent. With 2010 sales and revenues of $42.588 billion, Caterpillar is the
world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines,
industrial gas turbines and diesel-electric locomotives. The company also is a leading services
provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar
Logistics Services and Progress Rail Services. More information is available at:
http://www.caterpillar.com.