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Caterpillar Inc. recently announced that Steve Niehaus, the current vice president with responsibility for the Electric Power Division (EPD), is retiring. Following Niehaus' retirement, the company will consolidate the Electric Power and Marine & Petroleum Power Divisions (MPPD) into the new Electric Power, Marine and O&G Division (EPMOG), led by current MPPD Vice President Tom Frake.
Niehaus has elected to retire after 27 years of service, including the last three as vice president with responsibility for EPD. Frake, a 30-year veteran of Caterpillar with marketing and product background, has led MPPD since 2012.
Jim Umpleby, Caterpillar group president with responsibility for Energy and Transportation said much of Steve's career was spent in marketing and commercial engines. "In his most recent position, he has provided critical leadership in strengthening and aggressively growing Caterpillar's electric power business. He has helped our customers and employees develop and grow - from Saudia Arabia to Brazil to Singapore and throughout the United States. "
Since joining Caterpillar in 1989 as a marketing trainee, Niehaus has held positions in the commercial engine businesses, large engine center marketing and Solar Turbines. He was named vice president of EPD in 2013. He graduated from the University of Iowa with a bachelor's degree in Business Administration and completed the Digging Deep Program with the Stanford University Graduate School of Business.