Gregory S. Folley

Experience

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  White House Staff

  Jan 1981 - Jan 1981

  Office of Presidential Correspondence
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  U.S. Senate Judiciary Committee

  Jan 1982 - Jan 1982

  Legal Intern
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  Barnes & Thornburg LLP

  Jan 1983 - Jan 1983

  Summer Associate
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  Hon. Frank W. Bullock Jr., U.S. District Court

  Jan 1984 - Jan 1985

  Law Clerk
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  Private Practice at several law firms

  Jan 1985 - Jan 1994

  Labor and Employment Relations Attorney, private practice at several firms:

  ■ Winston & Strawn, Chicago, IL (1989 – 1994) ■ Whyte & Hirschboeck, Milwaukee, WI (1987 – 1989) ■ Maupin, Taylor, Ellis & Adams, Raleigh, NC (1985 – 1987)

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  American Airlines

  Jan 1994 - Jan 1995

  Labor and Employment Counsel

  Managed outside counsel in labor and employment-related litigation, and provided advice to internal clients on employment/labor-related issues. ■ Oversaw successful resolution to largest (as of that date) interest arbitration in U.S. airline history, with more than $600 million in dispute.■ Directed successful litigation against the Association of Professional Flight Attendants, obtaining a permanent injunction against the union and its members, prohibiting harassment, retaliation or abuse against any employee who crossed the picket line during the union’s 1993 strike against American. Show less

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  Caterpillar Inc.

  Aug 1995 - Jan 2010

  Core member of the Executive Team; reported to the CEO. Led strategic HR/Talent function to maximize performance capability and labor cost of Caterpillar’s 100,000-plus employees globally. Regularly engaged with Board Compensation Committee and Public Policy Committees of Board of Directors as coordinator of agendas and active contributor to committee meetings. Directed Central Agreement labor negotiations with UAW, and designed and administered performance management and merit pay systems; managed U.S. governmental affairs groups in Washington, DC, and Springfield, IL.■ Saved hundreds of millions of dollars in cash contributions by transitioning U.S. corporate pension plan from defined-benefit to defined-contribution while maintaining value of benefits to employees.■ Oversaw labor negotiations with UAW that assured flat costs over six-year life of agreement, reducing cost by 1-2% over that period.■ Developed company-wide leadership development program (LEAD) in conjunction with Stanford University, benchmarked as one of top programs in country.■ Worked with Congress and Administration to achieve consideration and ratification of South Korea, Colombian and Panama Free Trade Agreements; mobilized Korean and Hispanic employee resource groups to support these agreements. Show less Led business unit comprised of 2,000 people at 18 facilities worldwide, responsible for design procurement and manufacture of approximately 25% of Caterpillar’s services part numbers.■ Delivered on all safety, cost and quality targets, driving a 73% improvement in safety year-over-year and achieving all-time record levels of quality. ■ Led recovery of Oxford, MS, facility from tornado that destroyed 70% of factory that was sole source for couplings used in manufacture of every machine produced by the company worldwide; directed simultaneous re-establishment of production and rebuild of facility; production resumed in 13 days, 200,000-square-foot facility was rebuilt in four months, no injuries were sustained by either 200 employees or hundreds of construction workers on site, no machine shipments were missed. Show less Coordinated with independent compensation committee advisor and Compensation Committee of the Board of Directors to design and administer executive compensation programs and plan design for all U.S. and global benefit plans.■ Designed and implemented market-based changes to U.S. benefit plans for hourly and salaried/management employees and retirees, maintaining top quartile benefits while getting much more for each benefit dollar spent, saving the company in excess of $2 billion and raising enterprise EBITDA 2-3% annually.■ Participated as second chair in UAW negotiations.■ Worked with provider to create Total Rewards website for employees. Show less New position to create synergies due to multiple acquisitions that brought UK population of employees from 1,000 to more than 11,000; worked with managing directors and HR managers to provide overall direction to UK HR community.■ Managed legal entity accounting, management development, payroll management, learning programs, compensation and benefits, and relocation administration for all UK-based employees.■ Worked with employee representatives for 11 company-sponsored pension plans to merge all into one, with one Board of Trustees and one administrative group, saving more than $13 million annually. Show less

  • Vice President and Chief Human Resources Officer

    Jan 2009 - Jan 2010

  • Vice President, Core Components Division

    Jan 2008 - Jan 2009

  • General Manager, Specialty Products Business Unit

    Jan 2006 - Jan 2008

  • Director, Compensation and Benefits

    Jan 2001 - Jan 2006

  • Director, UK HR Shared Services

    Jan 1999 - Jan 2001

  • Director, Corporate Labor Relations

    May 1998 - Sept 1999

  • Various HR and Labor Relations roles

    Aug 1995 - Apr 1998
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  Caterpillar Inc.

  Jan 2011 - Jan 2017

  Led largest division, with more than 10,000 employees in more than 60 facilities on six continents. Responsible for design, procurement or manufacture and marketing support of roughly 60% of Caterpillar’s service parts and work tools, and worldwide distribution of all service parts. Responsible for U.S. and UK Defense businesses and OEM Solutions group.■ Delivered more than $100 million in incremental profit above business plan on flat volume, while achieving all-time record safety and quality performance for managed facilities and supply base.■ Landed $200 million contract for power packs on military vehicles that massively expands highly profitable UK defense business. ■ Delivered second largest profit improvement initiative for 2016 – 2020, ahead of plan by 25% through 2016 and on target to exceed target significantly by 2020, strengthening EBITDA by 20%. This initiative included the fundamental transformation of the worldwide logistics network, already measured as best-in-class according to industry metrics developed by Carlisle & Co. Show less Led one of company’s largest divisions, a multibillion-dollar business with more than 6,000 employees in approximately 50 facilities worldwide; responsible for worldwide remanufacturing and reverse logistics network, as well as design procurement and manufacture of parts constituting nearly 70% of Caterpillar’s parts.■ Delivered outstanding performance year over year while steadily increasing levels of safety, quality, delivery, performance and profitability to division, represented by 100% green scorecards between 2011 and 2014.■ Led enterprise in implementing new leadership development program (LEAD), setting benchmark for company by personally teaching more than 60 two-day sessions to all 800 leaders in organization; improved climate of organization from baseline at same level of company overall to level equal to 10 points higher than enterprise. Show less

  • President, Caterpillar Logistics/VP, Industry Solutions, Components, Distribution Division

    Jan 2015 - Jan 2017

  • Vice President, Analytics and Innovation Division

    Jan 2015 - Jan 2015

  • Vice President, Remanufacturing, Components and Work Tools Division

    Jan 2011 - Jan 2015
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  Self-employed

  Sept 2017 - now

  Semi Retired; Consulting
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  City of Marco Island

  Jun 2020 - now

  City Council Member