Caterpillar Inc
Former Caterpillar Inc. President Bob Gilmore Passes Away at 100
Peoria Philanthropist Led the Company from 1977-1985
Born in Peoria, Gilmore Witnessed Great Depression, Graduated High School in 1938
Bob Gilmore, the former president of Caterpillar Inc., passed away on Tuesday, September 24, 2020, in Peoria, Illinois, at the age of 100. Gilmore was a Peoria native, born in 1920. He lived through the Great Depression and graduated from high school in 1938.
Gilmore's career at Caterpillar spanned several decades. He joined the company in 1940 and rose through the ranks, eventually becoming president in December 1977. He held that position until his retirement in June 1985.
During Gilmore's tenure as president, Caterpillar Inc. faced significant challenges due to the economic downturn of the early 1980s. Gilmore implemented cost-cutting measures and oversaw the layoff of thousands of employees. However, he also steered the company through the crisis, ensuring its long-term viability.
Beyond his work at Caterpillar, Gilmore was also a dedicated philanthropist in Peoria. He served on various boards and supported numerous charitable organizations. In recognition of his contributions to the community, he received the Distinguished Citizen Award from the Peoria Area Chamber of Commerce in 2003.
Gilmore's passing is a significant loss to the Peoria community and the industrial world. He was a visionary leader who guided Caterpillar Inc. through a challenging period and left a lasting legacy as a philanthropist. His contributions will continue to be felt for generations to come.
Caterpillar Inc
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