Cummins Inc. Names Tom Linebarger Chief Financial Officer
9 November 2000
Cummins Inc. Names Tom Linebarger Chief Financial OfficerCOLUMBUS, Ind.--Nov. 9, 2000--Cummins Inc. today announced the appointment of Thomas Linebarger as Vice President -- Chief Financial Officer for Cummins. Linebarger, currently Vice President -- Supply Chain Management, will report directly to the Chairman and CEO.
"I am very pleased that Tom will be responsible for leading all aspects of our financial functions. Tom is a valuable member of Cummins' senior management team with links to customers, suppliers and the external financial community," said Tim Solso, Chairman and CEO of Cummins. "Tom's financial and operations background both in the United States and the United Kingdom will make him an excellent CFO, and will help us achieve our business objectives."
Linebarger, 37, joined Cummins in 1994 and has worked in the areas of engineering, manufacturing and corporate strategy. He has also served as Managing Director at Holset Engineering Co. Ltd., a wholly-owned subsidiary of Cummins in the United Kingdom.
Prior to joining Cummins, Linebarger worked for the Prudential Investment Corporation, with assignments in the U.S., Hong Kong and Singapore. His responsibilities included financial analysis, investment evaluation, and completing acquisitions for Prudential's account. Linebarger has also worked as a consultant for Pittiglio Rabin Todd and McGrath, an operations consulting firm based in Mountain View, California.
Linebarger holds Bachelor and Masters Degrees in engineering and a M.B.A., all from Stanford University. He also earned a BA in Economics from Claremont McKenna College. Linebarger is a Chartered Financial Analyst.
A native of Los Altos, California, Linebarger and his wife, Michele, have two daughters, Alexandra and Emily. They reside in Bloomington, Indiana.
Cummins, headquartered in Columbus, Ind., is the world's largest producer of diesel engines above 200 horsepower. The company provides products and services for customers in markets worldwide for engines, power generation and filtration. Cummins reported record sales of $6.6 billion in 1999. 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.
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