Cummins Inc. has announced that president and COO Rich Freeland will retire after 40 years of service with Cummins.
As part of Cummins‘ successions plans, the following leadership appointments are also taking place, all effective October 15.
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Distribution president Tony Satterthwaite will succeed Freeland as president and COO.
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Components president Tracy Embree will succeed Satterthwaite as distribution business president.
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Chief technical officer Jennifer Rumsey will succeed Embree as components business president.
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Jim Fier will succeed Rumsey as chief technical officer.
Freeland joined Cummins in 1979 as a second shift foreman in the parts distribution centre in Columbus, Indiana, the day after his graduation from Purdue University. Freeland spent his entire 40-year career with Cummins. Over his career, he successfully led three of Cummins‘ five business segments and he was responsible for all of Cummins‘ global operations as chief operating officer, a position he has held since 2014. Freeland will also resign from the board of directors of the company, effective15 October 2019.
“I want to personally thank Rich for his many contributions to Cummins and his friendship and support over the 25 years I have known and worked with him,” said Tom Linebarger, chairman and CEO, Cummins Inc. “He is one of the most effective leaders in Cummins‘ history because of his ability to connect with customers, develop our employees, and his deep understanding of nearly every element of our business. Equally impressive to me is that Rich has accomplished these things in an unassuming, humble manner. He has an unrelenting commitment to our core values and always makes the right decisions for our business, for our people and our communities. His positive impact is vast, and Rich will be missed by many, many people inside and outside of Cummins.
“I also want to congratulate Tony, Tracy, Jennifer and Jim on their new roles,” he added. “They are all incredibly talented leaders who have demonstrated their ability to lead people, drive results and make Cummins a stronger company, and a better place to work. I am excited for each of them and looking forward to working with them as we drive our company forward focusing on our growth plans and continuing to deliver value to our customers and all our stakeholders.”