Cummins Management
Management criteria checks 3/4
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 $9.06M. 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
Cummins: Paying Up For Improving Fundamentals (Rating Downgrade)
Dec 11Is Cummins Inc. (NYSE:CMI) Trading At A 49% Discount?
Nov 28
Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 08Is It Too Late To Consider Buying Cummins Inc. (NYSE:CMI)?
Oct 03Cummins: Solid Fundamentals And Undervalued
Sep 30Investors Appear Satisfied With Cummins Inc.'s (NYSE:CMI) Prospects
Sep 18Cummins: A Blue-Chip Dividend Stock To Buy Now
Sep 12Does Cummins (NYSE:CMI) Have A Healthy Balance Sheet?
Aug 19Cummins: Dividend Strength In A Challenging Economy
Aug 14Cummins Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 03Cummins' (NYSE:CMI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22When Should You Buy Cummins Inc. (NYSE:CMI)?
Jun 28Calculating The Fair Value Of Cummins Inc. (NYSE:CMI)
Jun 1310-12% Annual Returns? Why Cummins Could Be Your Next Dividend Champion
Jun 10Cummins: It's Too Late To Buy This Dividend Growth Stock
Apr 12Cummins: An Industrial Force Worth Considering
Mar 18Here's Why Cummins (NYSE:CMI) Has A Meaningful Debt Burden
Feb 27There May Be Reason For Hope In Cummins' (NYSE:CMI) Disappointing Earnings
Feb 13The Power Play: Cummins' Path To More Than 10% Annual Returns
Feb 08Cummins Inc. (NYSE:CMI) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 03Investors Met With Slowing Returns on Capital At Cummins (NYSE:CMI)
Jan 22We Ran A Stock Scan For Earnings Growth And Cummins (NYSE:CMI) Passed With Ease
Dec 26Cummins: A Dividend Contender That Hasn't Been This Cheap In 3 Years
Dec 20Cummins: The A-Rated Dividend Stock Keeps Shining
Nov 15Cummins: Dividend Raised 18 Years/2.95% Yield - High Quality Industrial
Oct 10Cummins: A Dividend Growth Stock That Can Keep Your Portfolio Trucking Along
Sep 28Cummins: 5 Factors Make This A Strong Buy
Sep 06Cummins: Navigating Challenges With Resilience And Record Revenues
Aug 14Cummins: Forget The AI-Rally, Buy The Heat Rally
Jul 20CEO 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 about average for companies of similar size in the US market ($USD12.85M).
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% $ 9.1m | |
| CFO & VP | 5.8yrs | US$6.61m | 0.016% $ 7.8m | |
| VP & Chief Administrative Officer | 3.8yrs | US$4.10m | 0.015% $ 7.3m | |
| VP & Chief Human Resources Officer | 2.1yrs | US$3.78m | 0.0013% $ 612.2k | |
| VP, Executive VP & President of Operations | less than a year | US$5.09m | 0.025% $ 11.8m | |
| Chief Technical Officer | 1.7yrs | no data | 0.0019% $ 906.2k | |
| VP of Investor Relations | no data | no data | no data | |
| VP, Chief Legal Officer & Corporate Secretary | 3.6yrs | no data | 0.0032% $ 1.6m | |
| 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% $ 1.9m | |
| President of Engine Business | less than a year | no data | 0.0031% $ 1.5m | |
| VP and President of Accelera & Components | 4.4yrs | no data | 0.0069% $ 3.3m |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Management: CMI'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% $ 9.1m | |
| Lead Independent Director | 9.6yrs | US$364.87k | 0.0080% $ 3.9m | |
| Independent Director | 35.8yrs | US$365.57k | 0.038% $ 18.4m | |
| Independent Director | 4.2yrs | US$364.87k | 0.0035% $ 1.7m | |
| Independent Director | 3.6yrs | US$335.71k | 0.0021% $ 997.8k | |
| Independent Director | 16.2yrs | US$347.08k | 0.013% $ 6.5m | |
| Independent Director | 7.4yrs | US$344.00k | 0.0043% $ 2.1m | |
| Independent Director | 9.6yrs | US$314.87k | 0.0033% $ 1.6m | |
| Independent Director | 1.2yrs | US$211.30k | 0.0012% $ 588.1k | |
| Director | less than a year | no data | 0.00062% $ 298.9k | |
| Independent Director | 2.4yrs | US$379.87k | 0.0016% $ 785.7k |
4.2yrs
Average Tenure
62yo
Average Age
Experienced Board: CMI'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 01:42 |
| 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 |
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| 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 |