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Article: Caterpillar Issues Proxy Statement and Highlights Record-Breaking 2008.
- Article from:
- PR Newswire
- Article date:
- April 21, 2009
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PEORIA, Ill., April 21 /PRNewswire-FirstCall/ -- Caterpillar Inc. today filed its proxy statement and annual meeting notification with the United States Securities and Exchange Commission (SEC). The proxy statement provides details on Caterpillar's 2008 executive compensation and highlights the company's long-held philosophy of pay for performance and pay at risk. The document also includes other information related to the company's business and financial performance in 2008.
Caterpillar's 2008 sales and revenues were $51.324 billion, a 14 percent increase over 2007, the sixth straight year for record sales and revenues. Profit per share of $5.66 was also a ...