Cummins Inc. (CMI)

226.94 +3.04 (+1.36%) At close: 04:04PM EDT

Cummins Inc.

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

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 73,600

Key executives

Name	Title	Pay	Exercised	Year born
Mr. N. Thomas Linebarger	Exec. Chairman	8.3M	1.63M	1963
Ms. Jennifer W. Rumsey	Pres, CEO & Director	2.02M	66.11k	1974
Mr. Livingston L. Satterthwaite	Sr. VP	2.44M	2M	1961
Mr. Mark A. Smith	Chief Financial Officer	2.26M	66.11k	1968
Mr. Srikanth Padmanabhan	Pres of Engine Bus.	1.85M	1.83M	1965
Mr. Walter Jim Fier	Chief Technical Officer	N/A	N/A	1966
Ms. Sharon R. Barner	Chief Admin. Officer	N/A	N/A	1958
Mr. Christopher C. Clulow	VP of Investor Relations	N/A	N/A	1972
Hon. Nicole Y. Lamb-Hale	VP & Gen. Counsel	N/A	N/A	1968
Ms. Schuyla Jeanniton	Exec. Director of Ethics & Compliance and Chief of Staff	N/A	N/A	N/A

Amounts are as of 31 December 2021, 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 New Power. 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 new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-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, automated transmissions, electric power generation systems, and batteries. The company 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 February 2023 is 6. The pillar scores are Audit: 9; Board: 8; Shareholder rights: 2; Compensation: 6.

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.