She succeeds long-time chief Tom Linebarger as the largest maker of diesel engines for trucks and heavy-duty vehicles looks to become a major player in electric and hydrogen-fueled commercial vehicles.
The largest maker of diesel engines for trucks and heavy-duty vehicles wants to be a major player in a growing global market for clean electric and hydrogen-fueled commercial vehicles. Leading that charge going forward will be its new CEO, Jennifer Rumsey, who is succeeding long-time chief Tom Linebarger in the role.
During his decade running Cummins and even before that, Linebarger began looking beyond the company’s core diesel business. Among other things, he created its New Power division that’s focused on commercializing battery, hybrid and hydrogen fuel cell systems for trucks, trains and other heavy vehicles. Rumsey, 48, worked closely with him on that and intends to continue the shift to products that generate far less climate-warming emissions.
An Indiana native, Rumsey has worked for Cummins since 2000, after spending a year as a group leader working on hydrogen fuel cells for Nuvera. She holds degrees in mechanical engineering from Indiana’s Purdue University and Massachusetts Institute of Technology. The company sells about 1 million engines annually, mostly diesel, that power trucks, boats, trains, mining equipment, military vehicles and generators. Cummins had net income of $2.1 billion last year on sales of $24 billion. Of that total, its New Power unit contributed justCummins is also completing aof automotive components maker Meritor announced early this year and there may be more deals to come, Rumsey said, without identifying potential targets.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Cummins Promotes Jennifer Rumsey To CEO As Diesel Giant Seeks Cleantech OverhaulShe succeeds long-time chief Tom Linebarger as the largest maker of diesel engines for trucks and heavy-duty vehicles looks to become a major player in electric and hydrogen-fueled commercial vehicles.
Weiterlesen »
Innovation Fund: EU Invests €1.8 Billion in Cleantech ProjectsEU is investing over €1.8 billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund.
Weiterlesen »
Twitter Suffers Major Outage as Legal Fight with Elon Musk Heats UpAs its ongoing legal battle with Tesla CEO Elon Musk heats up, social media giant Twitter faced a major outage this morning that brought the platform down for users around the world.
Weiterlesen »
What Happened to the Twitter-Elon Musk Deal?Elon Musk is seeking to terminate his $44 billion deal to buy Twitter, setting up a legal battle. Here’s what to know:
Weiterlesen »
Chucky Season 2 Set Photo Reveals Jennifer Tilly's Meta BedroomA new behind-the-scenes image of Jennifer Tilly from Chucky Season 2 confirms the Child's Play show will double down on the meta jokes, as Tilly stands among her own real-life awards and pictures.😂
Weiterlesen »
You Can Now Buy Olivia Rodrigo’s Met Gala Butterfly ClipsJennifer Behr and Betsey Johnson’s collaborated on a capsule collection of elevated butterfly hair accessories.
Weiterlesen »