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Jennifer Rumsey elected Chair of Cummins Board of Directors

Jennifer Rumsey has been elected Chair of Cummins Board of Directors, effective August 1, 2023. She succeeds Tom Linebarger, who is retiring from both of his Cummins positions as Executive Chairman and Chairman of the Board, effective July 31, 2023. Jennifer Rumsey, already President and C...

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Cummins is set to take over Meritor

Cummins is going to take over Meritor. The first is willing to pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion, including assumed debt and net of acquired cash. Headquartered in Troy, Meritor is a primary brand when it comes to drivetrain, mobility, ...
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