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Cummins logoCummins CMI

Cummins said in a press release dated May 30, 2024 that Senior Vice President Tony Satterthwaite will retire from the company effective September 15, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Cummins said in a press release dated May 30, 2024 that Senior Vice President Tony Satterthwaite will retire from the company effective September 15, 2024.

  2. The company said Satterthwaite held leadership roles at the company for 36 years and joined it in 1988. Jennifer Rumsey, Chair and CEO, said his leadership has left a lasting impact on the company and its people.

  3. The company said that as President of the Power Generation Business, Satterthwaite led the launch of the 95-liter Hedgehog into the power generation market, expanded the business internationally, and entered the data center market for the first time.

  4. The company said Satterthwaite most recently served as Senior Vice President, after roles as President of the Distribution Businesses, President and Chief Operating Officer, and Vice Chairman. It said he currently serves on the board of directors of IDEX Corporation.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Tony Satterthwaite to Retire

Cummins said in a press release dated May 30, 2024 that Senior Vice President Tony Satterthwaite will retire from the company effective September 15, 2024.

Source · Based on the filing body and exhibits

36 Years of Service and Remarks from the Chair and CEO

The company said Satterthwaite held leadership roles at the company for 36 years and joined it in 1988. Jennifer Rumsey, Chair and CEO, said his leadership has left a lasting impact on the company and its people.

Source · Based on the filing body and exhibits

Achievements as President of the Power Generation Business

The company said that as President of the Power Generation Business, Satterthwaite led the launch of the 95-liter Hedgehog into the power generation market, expanded the business internationally, and entered the data center market for the first time.

Source · Based on the filing body and exhibits

Key Past Roles and External Board Service

The company said Satterthwaite most recently served as Senior Vice President, after roles as President of the Distribution Businesses, President and Chief Operating Officer, and Vice Chairman. It said he currently serves on the board of directors of IDEX Corporation.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.