Cummins President, Chief Operating Officer Rich Freeland to Retire

Date : 08/21/2019 @ 2:46PM
Source : Dow Jones News
Stock : Cummins Inc (CMI)
Quote : 165.11  0.06 (0.04%) @ 12:59AM

Cummins President, Chief Operating Officer Rich Freeland to Retire

Cummins (NYSE:CMI)
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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.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

August 21, 2019 09:31 ET (13:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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