William P. Ainsworth — Senior VP & Strategic Advisor to Executive Office at Caterpillar Inc.

Mr. William P. Ainsworth, also known as Billy, is a Founder of Progress Rail Services Corporation and has been its Chief Executive Officer and President since 1993. Mr. Ainsworth also serves as the Chief Executive Officer, President, Chief Executive Officer of Progress Rail and President of Progress Rail at Electro-Motive Diesel, Inc. He has been Senior Vice President and Strategic Advisor to Executive Office at Caterpillar Inc. since January 1, 2017. He served as Vice President of Caterpillar Inc. from December 1, 2006 to January 1, 2017. He joined Caterpillar in 2006. He has several years of experience in the recyclable metal brokerage industry. Mr. Ainsworth founded Steel Processing Services, Inc. and served as its President and Chief Executive Officer. He began his professional career with the Atlanta office of Luria Brothers. In 1979, he joined Erman Howell as a regional trader. In 1981, he opened the Birmingham office of Amex Steel. As Vice President - Trading, he was responsible for all trading throughout the U. S., as well as acquiring material for export to Mexico. He serves as a Director of Progress Rail Services Corporation. Mr. Ainsworth graduated from Auburn University in 1978 with a B.S. degree in Marketing.