Cummins Management
Management criteria checks 2/4
Cummins' CEO is Jen Rumsey, appointed in Aug 2022, has a tenure of 2.33 years. total yearly compensation is $12.85M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth R$55.11M. The average tenure of the management team and the board of directors is 2.3 years and 4.2 years respectively.
Key information
Jen Rumsey
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 11.7% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.3yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$13m | US$2m | US$735m |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$7m | US$1m | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$4m | US$717k | US$2b |
Compensation vs Market: Jen's total compensation ($USD12.85M) is above average for companies of similar size in the BR market ($USD5.71M).
Compensation vs Earnings: Jen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jen Rumsey (50 yo)
2.3yrs
Tenure
US$12,846,068
Compensation
Ms. Jennifer W. Rumsey, also known as Jen, has been the Director since February 2022 and serves as its Chief Executive Officer at Cummins Inc. since August 1, 2022. She is the Chairman of the Board at Cumm...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 2.3yrs | US$12.85m | 0.019% R$ 55.1m | |
| CFO & VP | 5.8yrs | US$6.61m | 0.016% R$ 47.4m | |
| VP & Chief Administrative Officer | 3.8yrs | US$4.10m | 0.015% R$ 44.5m | |
| VP & Chief Human Resources Officer | 2.1yrs | US$3.78m | 0.0013% R$ 3.7m | |
| VP, Executive VP & President of Operations | less than a year | US$5.09m | 0.025% R$ 71.9m | |
| Chief Technical Officer | 1.7yrs | no data | 0.0019% R$ 5.5m | |
| VP of Investor Relations | no data | no data | no data | |
| VP, Chief Legal Officer & Corporate Secretary | 3.6yrs | no data | 0.0032% R$ 9.5m | |
| Executive Director of Ethics & Compliance and Chief of Staff | 2.8yrs | no data | no data | |
| VP & President of Power Systems | 2.3yrs | no data | 0.0039% R$ 11.5m | |
| President of Engine Business | less than a year | no data | 0.0031% R$ 9.0m | |
| VP and President of Accelera & Components | 4.4yrs | no data | 0.0069% R$ 20.3m |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Management: C1MI34's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 2.8yrs | US$12.85m | 0.019% R$ 55.1m | |
| Lead Independent Director | 9.6yrs | US$364.87k | 0.0080% R$ 23.6m | |
| Independent Director | 35.8yrs | US$365.57k | 0.038% R$ 112.2m | |
| Independent Director | 4.2yrs | US$364.87k | 0.0035% R$ 10.3m | |
| Independent Director | 3.6yrs | US$335.71k | 0.0021% R$ 6.1m | |
| Independent Director | 16.2yrs | US$347.08k | 0.013% R$ 39.4m | |
| Independent Director | 7.4yrs | US$344.00k | 0.0043% R$ 12.6m | |
| Independent Director | 9.6yrs | US$314.87k | 0.0033% R$ 9.6m | |
| Independent Director | 1.2yrs | US$211.30k | 0.0012% R$ 3.6m | |
| Director | less than a year | no data | 0.00062% R$ 1.8m | |
| Independent Director | 2.4yrs | US$379.87k | 0.0016% R$ 4.8m |
4.2yrs
Average Tenure
62yo
Average Age
Experienced Board: C1MI34's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cummins Inc. is covered by 60 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Rorrie Mars | Atlantic Equities LLP |
| Kristine Kubacki | Avondale Partners |