Progress Rail, A Caterpillar Company · 12 hours ago
Director of Strategy – Locomotive
Progress Rail, a Caterpillar Company, is a leading provider of railroad products and services. They are seeking a Director of Strategy for the Locomotive Division to drive strategic planning, evaluate growth opportunities, and oversee transformation initiatives, ensuring alignment between enterprise priorities and divisional objectives.
Machinery ManufacturingManufacturingRecycling
Responsibilities
Partner with functional leaders to define and communicate a clear strategic roadmap for the Locomotive Division
Lead annual and multi-year strategic planning processes, including growth playbook, market analysis, scenario modeling, and investment prioritization
Translate corporate strategy into actionable divisional objectives and KPIs
Identify and assess new market opportunities, partnerships, and technology trends (e.g., alternative propulsion, digital rail solutions)
Drive execution of strategic initiatives, ensuring alignment with financial targets and operational capabilities
Monitor progress and adjust plans based on performance data and external dynamics
Facilitate alignment workshops with Engineering, Operations, Commercial, and Digital teams to ensure integrated execution
Serve as a liaison between the Locomotive Division and corporate teams for consistency and governance
Prepare executive-level presentations, board materials, and strategic updates
Provide insights on competitive positioning, risk management, and resource allocation
Model enterprise leadership behaviors: create vision, lead change, and inspire trust
Build a culture of accountability and collaboration across strategy, finance, operations, and commercial teams
Mentor high-potential talent and develop future leaders
Qualification
Required
10+ years in strategy, corporate development, or business transformation roles
Proven experience in strategic planning, financial modeling, and executive communication
Strong business acumen with ability to synthesize complex data into actionable insights
Track record of leading cross-functional initiatives in a global or industrial context
BS in Engineering or related field
Preferred
MBA
Background in rail, heavy equipment, or industrial sectors
Familiarity with digital transformation and sustainability strategies
Benefits
Competitive Salary
401(k) plan with up to 6% company match (no waiting period with immediate vesting)
Medical/Dental/Vision/Life/Disability Insurance
Supplemental Accident, Critical Care, and Hospital Insurance available along with an HDHP and HSA with seed money
Flexible Spending Accounts
Paid Vacation
Paid Holidays
Paid Time-Off (PTO)
Employee Assistance Plan
Education Assistance Program
Employee Recognition Programs
Site specific Production and Incentive Plans
Site specific Step and Skill Level Wage Adjustment Plans
Site Specific Relocation and Sign-on Bonus Programs
Company
Progress Rail, A Caterpillar Company
Our team creates lifelong customer relationships, supplying comprehensive rolling stock and infrastructure solutions for the global rail industry and setting the standard for excellence.
Funding
Current Stage
Late StageTotal Funding
unknown2010-06-01Acquired
Recent News
2025-08-13
2025-06-11
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