Cummins Engine Makes Announcement
21 September 1999
Cummins Engine Makes Announcement
COLUMBUS, Ind.--Sept. 20, 1999--Cummins Engine Co. Inc. today announced that Roberto Cordaro, Cummins' Executive Vice President and Group President - Automotive, will resign from the Company effective October 1 to pursue other opportunities."My decision to leave Cummins has been a difficult one, and it was reached only after considerable deliberation," said Cordaro. "With the launch of the Signature 600 and other new heavy-duty engines complete, the timing was right for me to look at other opportunities. I have enjoyed working with the people of Cummins, with the distributor organization and with customers around the world. I wish them continued success."
"After 21 years of working with Roberto as a colleague and knowing him as a friend, I wish him nothing but the best in his new endeavors," said Cummins Chairman and Chief Executive Officer Jim Henderson. "His contributions during those years with us have been enormous, and we thank him."
Cordaro joined Cummins Brasil in 1978 as Director - Marketing. He moved to Cummins in Columbus, Indiana, ten years later, becoming Vice President - North American Marketing. In 1990, he was named Group Vice President - Marketing. In 1996, Cordaro was named Executive Vice President and Group President of Cummins' automotive business unit, the company's largest, with sales of $2.9 billion in 1998.
Tim Solso, Cummins' President and Chief Operating Officer, said, "Roberto's technical knowledge and enthusiastic leadership have contributed significantly to the successful development of our automotive business, including the introduction of our new line-up of heavy-duty engines - the revolutionary Signature 600 engine, the ISX, the ISL and the ISM. His commitment to our customers has been reflected in the innovative 'Value Package' of products, information and support we now offer our customers. We thank Roberto for his contributions, and we wish him much continued success."
Cummins, headquartered in Columbus, Ind., is the world's largest producer of diesel engines above 200 horsepower. The company provides products for customers in its key markets: engines, including automotive and industrial, power generation, and filtration. In 1998, Cummins reported record sales of $6.3 billion and employed 28,300 persons worldwide. Press releases by fax may be requested by calling News on Demand (toll free) at 888-329-2305. Cummins' home page on the Internet can be found at http://www.cummins.com.