Last updated: 27 August 2024 at 2:55pm EST

Joseph Creed Net Worth




The estimated Net Worth of Joseph E Creed is at least $9.09 Million dollars as of 3 August 2023. Mr. Creed owns over 7,698 units of Caterpillar stock worth over $2,578,830 and over the last 7 years he sold CAT stock worth over $2,769,482. In addition, he makes $3,742,200 as Vice President of Oil Gas and Marine Division at Caterpillar.

Mr. Creed CAT stock SEC Form 4 insiders trading

Joseph has made over 10 trades of the Caterpillar stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 7,698 units of CAT stock worth $982,265 on 3 August 2023.

The largest trade he's ever made was exercising 18,294 units of Caterpillar stock on 6 January 2023 worth over $2,764,589. On average, Joseph trades about 1,348 units every 37 days since 2018. As of 3 August 2023 he still owns at least 7,698 units of Caterpillar stock.

You can see the complete history of Mr. Creed stock trades at the bottom of the page.





Joseph Creed biography

Joseph E. Creed has been appointed as Group President of Energy and Transportation of the Company effective 1/1/2021. He is the vice president of the Oil & Gas and Marine Division. In this position, he provides global leadership for the reciprocating engine-based Oil & Gas business, as well as sales and product support of industry-leading medium and high-speed marine diesel engines, generator sets and auxiliary engines sold under the Cat® and MaK brands. Creed joined Caterpillar in 1997 and has held numerous accounting positions of increasing responsibility, including financial planning & analysis manager, corporate forecasting manager, plant controller, and senior business resource manager. He has held positions across multiple divisions of Caterpillar, including Corporate Accounting, Track-Type Tractors Division, Large Power Systems Division, the Energy & Transportation business segment and Finance Services Division. He was promoted to chief financial officer for Caterpillar’s Energy & Transportation business segment in 2013 and promoted to vice president of Caterpillar's Finance Services Division in 2017. Creed also served as interim CFO for Caterpillar in 2018. Creed graduated from Western Illinois University with a bachelor’s degree in accounting. He completed Caterpillar’s flagship executive leadership program conducted by Stanford University specifically for Caterpillar leaders, dealers and suppliers. He is a Certified Public Accountant. Creed serves on the Western Illinois University Department of Accounting & Finance advisory board; is an Executive Board Member of the Caterpillar Foundation as well as Black Horse LLC, a joint venture between Caterpillar and Ariel Corporation; and is the executive sponsor of the Caterpillar Employee Resource Group known as ADEPT (Abled and Disabled Employees Partnering Together). He is also a member of the board and 2nd Vice Chairman for Easterseals of Central Illinois.

What is the salary of Joseph Creed?

As the Vice President of Oil Gas and Marine Division of Caterpillar, the total compensation of Joseph Creed at Caterpillar is $3,742,200. There are 6 executives at Caterpillar getting paid more, with donald Umpleby having the highest compensation of $34,519,100.



How old is Joseph Creed?

Joseph Creed is 42, he's been the Vice President of Oil Gas and Marine Division of Caterpillar since 2019. There are 27 older and no younger executives at Caterpillar. The oldest executive at Caterpillar Inc. is Juan Gallardo, 72, who is the Independent Director.

What's Joseph Creed's mailing address?

Joseph's mailing address filed with the SEC is 5205 N. O'CONNOR BOULEVARD, SUITE 100, , IRVING, TX, 75039.

Insiders trading at Caterpillar

Over the last 21 years, insiders at Caterpillar have traded over $97,229,475 worth of Caterpillar stock and bought 230,530 units worth $17,112,054 . The most active insiders traders include Daniel M Dickinson, Miles D White, and David L Calhoun. On average, Caterpillar executives and independent directors trade stock every 20 days with the average trade being worth of $8,584,040. The most recent stock trade was executed by Gerald Johnson on 4 September 2024, trading 100 units of CAT stock currently worth $33,859.



What does Caterpillar do?

Caterpillar Inc. is an American construction equipment manufacturer. The company is the worlds largest manufacturer of construction equipment. In 2018, Caterpillar was ranked number 73 on the Fortune 500 list and number 265 on the Global Fortune 500 list.



What does Caterpillar's logo look like?

Caterpillar Inc. logo

Complete history of Mr. Creed stock trades at Caterpillar

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
3 Aug 2023 Joseph E Creed
Chief Operating Officer
Option 7,698 $127.60 $982,265
3 Aug 2023
7,698
6 Jan 2023 Joseph E Creed
Chief Operating Officer
Option 18,294 $151.12 $2,764,589
6 Jan 2023
18,294
27 Dec 2022 Joseph E Creed
Chief Operating Officer
Option 7,698 $127.60 $982,265
27 Dec 2022
7,698
14 Dec 2022 Joseph E Creed
Chief Operating Officer
Option 5,003 $138.35 $692,165
14 Dec 2022
5,003
18 May 2022 Joseph E Creed
Chief Operating Officer
Sale 2,757 $214.13 $590,356
18 May 2022
0
20 Apr 2022 Joseph E Creed
Chief Operating Officer
Option 5,004 $138.35 $692,303
20 Apr 2022
7,761
18 Jan 2022 Joseph E Creed
Chief Operating Officer
Sale 5,004 $230.00 $1,150,920
18 Jan 2022
0
1 Nov 2021 Joseph E Creed
Chief Operating Officer
Sale 5,038 $204.09 $1,028,205
1 Nov 2021
0
4 Jun 2021 Joseph E Creed
Chief Operating Officer
Option 7,699 $127.60 $982,392
4 Jun 2021
13,746
11 May 2018 Joseph E Creed
Chief Operating Officer
Option 4,532 $100.44 $455,194
11 May 2018
2,322


Caterpillar executives and stock owners

Caterpillar executives and other stock owners filed with the SEC include: