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Cummins Inc. (CMI)

NYSE - Nasdaq Real-time price. Currency in USD
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300.34+5.24 (+1.78%)
As of 11:39AM EDT. Market open.

Cummins Inc.

500 Jackson Street
Box 3005
Columbus, IN 47202-3005
United States
812 377 5000
https://www.cummins.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees75,500

Key executives

NameTitlePayExercisedYear born
Ms. Jennifer W. RumseyCEO & Chairman of the Board4.82M197.63k1974
Mr. Livingston L. SatterthwaiteSenior Vice President3MN/A1961
Mr. Mark A. SmithCFO & VP3.11MN/A1968
Ms. Sharon R. BarnerVP & Chief Administrative Officer2.66M1.44M1958
Mr. Marvin BoakyeVP & Chief Human Resources Officer2.8MN/A1974
Mr. Srikanth PadmanabhanVP, Executive VP & President of Operations1.85M1.83M1965
Mr. Jonathan WoodChief Technical OfficerN/AN/AN/A
Mr. Christopher C. ClulowVP of Investor RelationsN/AN/A1972
Hon. Nicole Y. Lamb-HaleVP, Chief Legal Officer & Corporate SecretaryN/AN/A1967
Ms. Schuyla JeannitonExecutive Director of Ethics & Compliance and Chief of StaffN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines. It provides power generation systems, horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, and electric power generation systems, and batteries. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Corporate governance

Cummins Inc.’s ISS governance QualityScore as of 1 July 2024 is 6. The pillar scores are Audit: 10; Board: 6; Shareholder rights: 2; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.