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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; [email protected]

Stock News for Cummins (CMI)
DateTimeHeadline
01/13/201714:54:07Annual Statement of Changes in Beneficial Ownership (5)
01/13/201707:36:00カミンズは無効化装置を使用しておらず、排出基準の順守に傾倒
01/12/201721:47:00Cummins Inc. verwendet keine Abschalteinrichtungen und verpflichtet...
01/12/201721:47:00Cummins Inc. non utilizza alcun “defeat device” e si impegna per...
01/12/201720:37:00Cummins Inc. n'utilise pas de dispositif d'invalidation et s'engage...
01/12/201712:28:00Cummins Inc. Does Not Use Defeat Devices and Is Committed to...
12/16/201616:07:20Current Report Filing (8-k)
12/16/201608:30:00Cummins Inc. Approves Share Repurchase Program
12/14/201610:23:00Cummins Inc. Earns Top Rating from Human Rights Campaign
12/05/201614:36:10Statement of Changes in Beneficial Ownership (4)
11/30/201614:23:32Statement of Changes in Beneficial Ownership (4)
11/30/201614:22:27Statement of Changes in Beneficial Ownership (4)
11/28/201616:46:48Statement of Changes in Beneficial Ownership (4)
11/17/201616:17:21Current Report Filing (8-k)
11/14/201610:51:22Statement of Changes in Beneficial Ownership (4)
11/14/201610:49:12Statement of Changes in Beneficial Ownership (4)
11/08/201610:28:54Statement of Changes in Beneficial Ownership (4)
11/04/201603:03:00American Axle Agrees To Acquire Metaldyne -- WSJ
11/03/201614:53:00American Axle Reaches Deal for Metaldyne--3rd update
11/01/201612:58:11Quarterly Report (10-q)

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