---
schema_version: "secwatch.filing_event.v1"
accession: "0000026172-22-000032"
form_type: "8-K"
ticker: "CMI"
cik: "0000026172"
company_name: "CUMMINS INC"
filed_at: "2022-07-14T23:59:59+00:00"
generated_at: "2026-06-24T15:27:24.652588+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Jennifer Rumsey named CEO of Cummins effective Aug 1; Linebarger becomes Executive Chairman

## Summary
- Tom Linebarger ends CEO term Aug 1, 2022; serves as Executive Chairman and Board Chairman.
- Jennifer Rumsey, previously President & COO, becomes 7th CEO and first woman to lead Cummins (founded 1919).
- Rumsey's base salary increased to $1.5M, target bonus to 175% of salary, LTI grant to $7.5M.
- Linebarger's base salary reduced to $1.15M, target bonus at 150% of salary; no future LTI grants.
- Rumsey co-authored Destination Zero strategy; board cites her technical expertise and leadership.

## SEC filing metadata
- accession: 0000026172-22-000032
- form_type: 8-K
- ticker: CMI
- cik: 0000026172
- company_name: CUMMINS INC
- filed_at: 2022-07-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26172/000002617222000032/0000026172-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26172/000002617222000032/cmi-20220712.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000026172-22-000032
- JSON: https://secwatch.observer/filing/0000026172-22-000032.json
- Plain text: https://secwatch.observer/filing/0000026172-22-000032.txt

## Key facts
- Executive change
  Jennifer Rumsey changed role as President and Chief Executive Officer at CUMMINS INC.
  - Action: succeeded as President and Chief Executive Officer
  - Role: President and Chief Executive Officer
  source text: Jennifer Rumsey, the Company’s President and Chief Operating Officer, will succeed Mr. Linebarger as the Company’s President and Chief Executive Officer, effective August 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/26172/000002617222000032/0000026172-22-000032-index.htm
- Executive change
  Tom Linebarger changed role as Executive Chairman at CUMMINS INC.
  - Action: transitioned to Executive Chairman
  - Role: Executive Chairman
  source text: Tom Linebarger, the Company’s Chairman of the Board of Directors (the “Board”) and Chief Executive Officer since 2012, will end his term as Chief Executive Officer, effective August 1, 2022. Mr. Linebarger will continue to serve as Chairman of the Board and will transition to an Executive Chairman role, also effective August 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/26172/000002617222000032/0000026172-22-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
