In 1995, Owens was named a group president and member of Caterpillar's Executive Office.
Over the next nine years as a group president, Owens was at various times responsible for 13 of the company's 25 divisions.
McCardell became group president for corporate services at Xerox in 1966.
Five months later, Abramov resigned as group president but remains a member of the board.
It coalesced around Fuji Bank, and group presidents began meeting regularly in 1964.
As part of the changes, three executives who had been group presidents, managing segments of the company's operations, were given new duties.
The company also said that Brian Blake, group president and chief operating officer, resigned.
The group president, Deborah Slinkosky, said the plan appeared to be in a lengthy holding pattern.
I am sorry, but that is what the House decided, with the agreement of the group presidents.
"The department stores stopped liking her," said Mark Mendelson, a group president at Jones.