IBM elects Caterpillar CEO to board
Martin LaMonica Former Staff writer, CNET News
Martin LaMonica is a senior writer covering green tech and cutting-edge technologies. He joined CNET in 2002 to cover enterprise IT and Web development and was previously executive editor of IT publication InfoWorld.
IBM said Tuesday that James W. Owens, chairman and CEO of Caterpiller, will join IBM's board of directors on March 1.
In a statement, IBM chairman and CEO Samuel Palmisano lauded Owens' corporate experience and financial expertise. Caterpiller is a manufacturer of construction and mining equipment and industrial fuel engines and turbines. With Owens, IBM's board will have 14 members.