05.03.2008 12:30:00
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Jean Blackwell Appointed CEO of Cummins Foundation; Pat Ward Named Chief Financial Officer of Cummins
Cummins Inc. (NYSE:CMI) today announced that Jean Blackwell, the Company’s
Chief Financial Officer, has been named Executive Vice President of
Corporate Responsibility and Chief Executive Officer of the Cummins
Foundation. Pat Ward, currently Vice President and Engine Business
Controller, will become the Chief Financial Officer, effective May 1.
"In her new role, Jean will help us re-define
Cummins’ commitment to corporate
responsibility, which is critical to our success in this period of
significant growth both in the U. S. and around the world,”
said Tim Solso, Cummins Chairman and CEO. "Jean’s
new position also provides her with the opportunity to make a direct and
significant impact on the communities where Cummins operates, which is
very meaningful to her at this stage in her career and one of the
primary reasons she joined Cummins 11 years ago.”
Blackwell has been with the Company since 1997 and has served in various
roles including General Counsel and Vice President - Human Resources.
Prior to joining Cummins, she was a partner with the law firm of Bose
McKinney & Evans in Indianapolis. She also previously served as Budget
Director for the State of Indiana and Executive Director of the State
Lottery Commission.
Ward has held a number of finance leadership positions in the Company
over the last 20 years. He joined Cummins in 1987 as a member of the
finance team for Cummins Generator Technologies and moved to the Fuel
Systems operation as Controller in 1995. In 1996, he joined Corporate
Finance as Director - Business Planning and Analysis. He became Director
- Finance and Information Technology for Consolidated Diesel Company in
1998, and in 2000 was named Controller for Cummins Filtration, then
known as Fleetguard. He became Power Generation Controller in 2003 and
transferred to the Engine Business in 2005. He was named a Cummins Vice
President in 2006.
"Both of these individuals are extremely
talented and well qualified for their new positions,”
Solso said. "We are excited to have them in
these critical roles.” About Cummins
Cummins Inc., a global power leader, is a corporation of complementary
business units that design, manufacture, distribute and service engines
and related technologies, including fuel systems, controls, air
handling, filtration, emission solutions and electrical power generation
systems. Headquartered in Columbus, Indiana, (USA) Cummins serves
customers in more than 160 countries through its network of 550
Company-owned and independent distributor facilities and more than 5,000
dealer locations. Cummins reported net income of $739 million on sales
of $13.05 billion in 2007. Press releases can be found on the Web at www.cummins.com.
Information provided in this release that is not purely historical are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including statements regarding the company’s
expectations, hopes, beliefs and intentions on strategies regarding the
future. It is important to note that the company’s
actual future results could differ materially from those projected in
such forward-looking statements because of a number of factors,
including, but not limited to, general economic, business and financing
conditions, labor relations, governmental action, competitor pricing
activity, expense volatility and other risks detailed from time to time
in Cummins Securities and Exchange Commission filings.
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Aktien in diesem Artikel
Cummins Inc. | 345,10 | 0,00% |
Indizes in diesem Artikel
S&P 500 | 6 032,38 | 0,56% |