Jonathan was taught option pricing theory - a complex, probabilistic approach to assigning a value to an options contract - by a complete stranger in a bookstore. “I was in a Barnes & Noble when a man saw me studying and said he had a background in finance,” says Jonathan. “The store wanted to kick him out because of the way he looked. I bought him a cup of coffee, and, simultaneously, I learned about option pricing theory and the importance of not judging people by their looks.”

Cummins Inc. (NYSE:CMI) announced the 2022 recipients of the company’s most prestigious technical award, the Julius Perr Innovation award. Now in its 23rd year, the award recognizes employees who demonstrated excellence in innovation and technology by developing significant intellectual property for our products. This year’s recipients are Cummins employees Richard Ancimer, Krishna Kamasamudram, Ashok Kumar, Guoqiang Li, Tim Proctor, Michael Wilson, and Aleksey Yezerets. Acknowledgement also goes to Neal Currier, Ed Hodzen, and Vivek Sujan.

The Society of Hispanic Professional Engineers (SHPE) is the nation’s largest association dedicated to fostering Hispanic leadership in the STEM field, and Cummins has been a strategic partner of this respected organization since 2007.

The global power leader joined 34 other companies from 19 different countries receiving the honor Dec. 9 in the capital goods sector. The company was also named to the S&P Dow Jones Sustainability North America Index for a 16th consecutive year.

Businesses around the world are experiencing a shortage of technical workers, and since 2012 Cummins has been committed to combatting the challenge by training low-income youth in employable technical skills through the company’s Technical Education in Communities (TEC) program.    Ten years after the program’s launch, Cummins, through its Nigerian subsidiary Cummins West Africa Ltd., has launched the second phase of its TEC training program in Nigeria, furthering Cummins’ impact on education in global communities.   

With over a century of innovation under its belt, Cummins Inc. has celebrated countless milestones along its journey, and 2022 was no exception with numerous entries added to the list.

Imbued with natural light through large side hull windows, the spacious cabin of the Aquila 54 yacht power catamaran is elegant and comfortable, providing social spaces with panoramic 360° views.

As we near the end of 2022, we are celebrating some of the accomplishments that made this an exciting and innovative year for New Power. In the last 12 months, we expanded our technologies, grew as a business and continued to blaze the trail toward a zero-emissions future. Join us as we reflect on five wins from our New Power business unit that helped make this year truly spectacular.

Today, Cummins Inc. (NYSE: CMI) announced that Jim Fier, Vice President and Chief Technical Officer, after an impactful 36-year career with the company, has decided to retire at the end of March 2023. The company also announced that Jonathan Wood, Vice President of New Power Engineering, will succeed Fier as Chief Technical Officer (CTO), effective April 1.