As part of our daily lives, we expect all connected devices to automatically update themselves. It gives us peace of mind that our computers and phones are protected against the latest cyber threats and bugs, receiving improved functionality and performance. Cummins Inc. products are no different, with over-the-air (OTA) updates* available for your engine today.
The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company’s quarterly common stock cash dividend of approximately 7 percent to 1.68 dollars per share from 1.57 dollars per share. The dividend is payable on September 7, 2023, to shareholders of record on August 25, 2023. Cummins has increased the quarterly common stock dividend to shareholders for 14 consecutive years.
Cummins received a 2023 Energy Management Insight Award from the Clean Energy Ministerial (CEM), a high-level global forum to promote policies and programs that advance clean energy technology, to share lessons learned and best practices and to encourage the transition to a global clean energy economy. Cummins earned this award for producing a high-quality case study to share insights on the process and benefits of setting up an energy management system certified to the global ISO energy 50001 efficiency standard.
Jennifer Rumsey Named Chair of the Cummins Board of Directors Following Retirement of Tom Linebarger
Cummins Inc. (NYSE: CMI) announced today its Board of Directors has unanimously elected Cummins President and Chief Executive Officer (CEO) Jennifer Rumsey to Chair of the company’s Board of Directors, effective August 1, 2023. Rumsey succeeds Tom Linebarger, who is retiring from both of his Cummins positions as Executive Chairman and Chairman of the Board, effective July 31, 2023.
Rising costs related to fuel, trailers, parts, insurance, wages and more all keep truck fleet managers on the lookout for ways to meet market demands more efficiently. In response to these escalating expenses, Cummins has proactively implemented measures to address the rising costs.
Technicians, mechanics and skilled trade workers are essential for building Cummins Inc. engines. Yet, positions like these are experiencing shortages.
July 2023 marks the second anniversary of Cummins Water Works (CWW) and the many initiatives it has supported all over the globe! The $13 million program was created to strengthen communities and address the global water crisis through improved water quality and accessibility. CWW was also established to produce net water benefits that exceed Cummins Inc’s annual water use in all Cummins regions by 2030 and Cummins communities by 2050.
As the shallowest part of the Bering Sea in Southwest Alaska, Bristol Bay is a treacherous region for vessels. Navigating strong winds amid the world’s highest tidal extremes with incredible shoals, sandbars and shallows is a required skill for commercial fishermen chasing the world’s largest salmon run.
As the world seeks sustainable alternatives to traditional energy sources, understanding the concepts of clean and renewable energy is crucial. Let us discover the benefits of clean energy sources like solar or wind. We will also take a look at the top clean energy fuels such as hydrogen and RNG, and Cummins Inc.’s commitment to driving innovation in the clean energy space.
Cummins Inc. is strengthened through its deep history of commitment to diversity, equity and inclusion. The company’s Global Disability Inclusion Initiative aims to create accessible, inclusive workplaces where people with disabilities are enabled to fulfill their potential. Our progress in support of this commitment is celebrated as Cummins earns the distinction of “Best Place to Work for Disability Inclusion” for the third year in a row.
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