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Cummins Inc.: Board Of Chairman And CEO

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Board of Directors
There are 8 members on the Cummins Inc. Board of Directors. There are 7 outsiders and 1 insider on the board. The only insider is N. Thomas Linebarger. Linebarger is the current Chairman and CEO of Cummins Inc. The Chairman of the board position is held by Cummins Inc. CEO, N. Thomas Linebarger. There are no term limits for membership on the Board of Directors at Cummins Inc., but the Director must stand for election annually. The present board has been together for 5 years. The newest member, Stephen Dobbs, joined the Board of Directors in 2010.
“Board members will have full and direct access to the company’s management. It is assumed that board members will use judgments to ensure that contact with management is not distracting …show more content…

Most team members are very active in their own communities and also serve on a number of prestigious boards and committees, so they already practice a vast majority of leadership and determination skills in and outside of work. Many of the top management team members have also graduated from top universities and programs that give them an absolute understanding of business management and leadership skills. The team is led by N.Thomas Linebarger and Rich Freeland, who both have Masters of Business Administration and have many years of experience as leaders in many different operations and organizations. These two individuals stand out the most and should bring the most effective qualities to this top level team. Some of the top management members, such as Anant Talaulicar, Patrick Ward, and Steven Chapman possess skills in overseas dealings and know how to lead operations and management in foreign countries. These members are crucial to making Cummins Inc. a successful international company. Team members, such as John Wall, Lisa Yoder, and Tony Satterthwaite have engineering skills that are highly resourceful because they know how to make processes work and are highly knowledgeable in the field of technology as well. Another strong component that is brought to the team are the Law backgrounds of Jill Cook and Pamela Carter. These two valuable team members are certified to …show more content…

The newest member of the team is Lisa Yoder, who joined the current team in 2011. Since each board member owns a different number of shares of stock in Cummins Inc., each member is affected differently. The top shareholders on the team are Steven Chapman and Marya Rose, and they are affected the most by the board’s decisions. If the board makes a poor decision, Cummins Inc. stock price falls which means the shareholders lose money. Each board member owns a substantial number of shares, so they happen to be some of Cummins’ biggest shareholders. Steven Chapman, the China and Russia ABO Leader, owns 7,271 shares of stock, Marya Rose owns 5,350 shares of stock, N. Thomas Linebarger owns 1,736 shares of stock, Rich Freeland owns 1,000 shares of stock, Lisa Yoder owns 0 shares of stock, Pamela Carter owns 2,196 shares of stock, Anant Talaulicar owns 5,000 shares of stock, Patrick Ward owns 5,000 shares of stock, Tony Satterthwaite owns 1,515 shares of stock, John Wall owns 744 shares of stock, and Jill Cook owns 0 shares of

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