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By Colin Kellaher
Cummins Inc. (CMI) on Wednesday said Rich Freeland is retiring as president and chief operating officer after 40 years with the engine maker.
The Columbus, Ind., company said Tony Satterthwaite, currently president of its distribution business, will succeed Mr. Freeland as president and chief operating officer, effective Oct. 15.
Cummins said Tracy Embree, currently president of its components business, will succeed Mr. Satterthwaite as president of the distribution unit, while Chief Technical Officer Jennifer Rumsey will take the helm of the components business.
Jim Fier will succeed Ms. Rumsey as chief technical officer, the company added.
Cummins said Mr. Freeland will also resign from the board as of Oct. 15. Mr. Freeland, who joined Cummins in 1979, has been president and chief operating officer since 2014.
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(END) Dow Jones Newswires
August 21, 2019 09:31 ET (13:31 GMT)
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