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CORRECT: Cummins Operating Chief To Take Reins From Retiring CEO Solso

("Cummins CFO Take Reins From Retiring Chairman, CEO Solso," at 4:57 p.m. EDT, misstated the successor's current title in the headline. The correct version follows:) DOW JONES NEWSWIRES Cummins Inc. (CMI) is promoting President and Chief Operating Officer Tom Linebarger to chief executive when current Chairman and CEO Tim Solso retires at the start of next year. Solso, a 40-year veteran of the maker of truck engines and power-generation systems, said Cummins will continue to focus "on profitable growth, providing better products and services for customers and maintaining a strong commitment to the environment and the communities where we do business." He has been chairman and chief since 2000. Linebarger has worked at Cummins for 17 years. Lead Director Alexis Herman described him as "an individual who shares the same qualities of leadership and commitment to Cummins's values as his predecessors." He highlighted Linebarger's extensive experience with the operational and financial facets of the company. Cummin's operations have been improving recently, helped by demand in emerging markets. In its latest quarterly results, it said continued strength in key international markets as well as a recovery in North American trucks help profit to more than double. Shares were up 0.3% at $103.58 in after-hours trading. Through the close, the stock had fallen 6.1% so far this year, while the wider market has gained. -By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com

Stock News for Cummins (CMI)
DateTimeHeadline
02/10/201611:26:52Schedule 13g<br /> (sc 13g)
02/10/201609:22:47Amended Statement of Ownership (sc 13g/a)
02/09/201614:44:19Amended Statement of Changes in Beneficial Ownership (4/a)
02/09/201613:39:07Statement of Ownership (sc 13g)
02/09/201609:33:00Cummins Connected Diagnostics™ is Now Available with Geotab® Fl...
02/09/201607:34:04Cummins Announces $500 Million Accelerated Share Repurchase
02/05/201603:02:00Engine Maker Cummins Hit by Slowing Truck Sales
02/04/201616:04:00Cummins Profit Falls on Weak Demand and Commodities Prices...
02/04/201610:26:00Correction to Cummins Earnings Story
02/04/201609:00:00Cummins Scales Back Light Duty Truck Production as Profit Sinks
02/04/201608:54:00Cummins Scales Back Light Duty Truck Production as Profit Sinks
02/04/201607:49:13Current Report Filing (8-k)
02/04/201607:30:00Cummins Announces Financial Results for the Fourth Quarter and...
01/15/201609:23:38Annual Statement of Changes in Beneficial Ownership (5)
01/11/201610:07:55Cummins announces first sites to achieve 'Zero Disposal'
12/01/201520:48:45Why Cummins, Breitburn Energy Partners, and Joy Global Slumped...
12/01/201503:02:00Firms Shy Away From Spending
11/27/201515:00:045 Crucial Things PACCAR Inc. Management Wants You to Know
11/25/201510:48:17Current Report Filing (8-k)
11/18/201511:06:03Cummins Inc. Stock Hits a 52-Week Low: Could It Fall Further?

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