Cummins announces Jim Fier retiring after 36 years with the company; Jonathan Wood to succeed Fier as Chief Technical Officer
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.
“I am grateful for Jim’s leadership and friendship and his commitment to delivering on our brand promise to our customers, advocacy in building our global technical capability and advancing our diversity, equity and inclusion work,” said Jennifer Rumsey, President and Chief Executive Officer. “His legacy at Cummins will be felt for many years to come.”
Fier spent his entire career of 36 years at Cummins, leaving his mark on the company’s products and people. He began his Cummins career as a service engineer, then worked in current product support, new product introduction and R&T, gaining broad technical knowledge and leadership experience, while accelerating the development and launch of the company’s market-leading engine platforms and innovations.
Serving as CTO since 2019, Fier played a key role in ensuring Cummins innovates and delivers the right solutions to our customers at the right time. His leadership of simulation-based product development has bolstered Cummins’ ability to develop products that address the critical needs of our customers, meet the more stringent requirements of emissions, and position the company to lead during the energy transition. In addition, he and his global teams have led Cummins’ key initiatives to address the global climate crisis, including PLANET 2050 and Destination Zero, the company’s zero emissions strategy.
Jonathan Wood, Vice President-New Power Engineering, will succeed Jim as Vice President - Chief Technical Officer
“Given the significance of this role,” Rumsey stated, “we have been working for quite some time on a thoughtful and planned transition and I am thrilled that Jonathan Wood will assume the CTO role. Jon’s career has been defined by his commitment to technical excellence and his caring leadership approach. His technical leadership experiences in our Components and New Power businesses make him uniquely qualified for this role as we continue to advance our strategy and develop innovative technologies at the right time for our customers and enhance our technical workforce and capabilities.”
Wood, who is based in the United Kingdom, joined Cummins in 1994 as part of the Cummins Turbo Technologies (CTT) Aftermarket and Service team. His more recent roles include, Executive Director, Engineering -Turbo Technologies at CTT, Executive Director, Engineering - Emission Solutions, and Vice President – Components Engineering. Wood is a skilled and collaborative leader and strategic thinker and these attributes led to Cummins’ successful Components business effort to meet Global VI emissions regulations.
During his time with CTT, Wood was based in Wuxi, China, while leading the Asia Engineering Organization, and also served as the Europe ABO Technical Leader from 2017- 2022. His global perspective, collaborative approach, keen technical skills, and customer experience are a tremendous asset to Cummins. Throughout his career, Wood has developed global engineering teams and championed diversity and inclusion across the technical organization.
Wood has master’s degree in Mechanical Engineering from the University of Sheffield, is a Chartered Engineer with the Institute of Mechanical Engineers and a Fellow of the Royal Society for the Arts, Manufactures and Commerce. Wood will continue to be based in the U.K. and travel globally to connect with key stakeholders.
Cummins Inc., a global power technology leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from internal combustion, electric and hybrid integrated power solutions to components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, microgrid controls, batteries, electrolyzers and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 73,600 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.2 billion on sales of $28.1 billion in 2022.