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     324  0 Kommentare Cummins Announces Two New Nominees for its Board of Directors

    COLUMBUS, IN--(Marketwired - March 04, 2015) - Cummins Inc. (NYSE: CMI) announced today two new independent nominees for its Board of Directors -- Thomas J. Lynch, Chairman and Chief Executive Officer, TE Connectivity, and Bruno Di Leo, Senior Vice President, Sales & Distribution, IBM Corporation. The two nominees will stand for election at Cummins' 2015 Annual Meeting of Shareholders on May 12, along with Cummins' returning eight Board members.

    Cummins' Chairman and CEO Tom Linebarger expressed his support for the two new candidates saying, "Mr. Lynch and Mr. Di Leo are both highly qualified and accomplished individuals, who will add tremendous value to our Board of Directors. The addition of Mr. Lynch, a CEO of a publicly-traded company in the technology sector, and Mr. Di Leo, a leader with significant international and emerging markets experience, will strengthen our Board by expanding the diversity and skills of our leadership."

    Lynch is Chairman and CEO of TE Connectivity. He is credited with transforming the Company as it transitioned from the former electronics segment of Tyco International to a separate and independent public company.

    TE Connectivity is a $14 billion technology company and a world leader in connectivity and sensor solutions.

    Di Leo is a native of Peru who has more than 35 years of business leadership experience in multinational environments. During his 40-year career at IBM, Di Leo has worked in a number of executive positions with a focus on growing business in emerging markets. In his current role, he is accountable for revenue, profit and client satisfaction in Japan, Asia Pacific, Latin America, Greater China Group, and the Middle East and Africa.

    If elected, Lynch and Di Leo would become Cummins' ninth and 10th Board members. All Cummins directors are elected annually.

    About Cummins Inc.

    Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 54,600 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 7,200 dealer locations. Cummins earned $1.65 billion on sales of $19.2 billion in 2014. Press releases can be found on the Web at www.cummins.com or www.cumminsengines.com. Follow Cummins on Twitter at www.twittter.com/cummins and on YouTube at www.youtube.com/cummininc.

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    Verfasst von Marketwired
    Cummins Announces Two New Nominees for its Board of Directors COLUMBUS, IN--(Marketwired - March 04, 2015) - Cummins Inc. (NYSE: CMI) announced today two new independent nominees for its Board of Directors -- Thomas J. Lynch, Chairman and Chief Executive Officer, TE Connectivity, and Bruno Di Leo, Senior Vice …

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