Cummins Selects New VP, GM

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Columbus-based Cummins Inc. (NYSE: CMI) has announced two leadership appointments. Cathy Buening-Griffin has been named vice president of business process transformation and information technology system integration and Jim Schacht will become general manager for the commercial marine business. February 20, 2014

News Release

COLUMBUS, IND. - Cummins Inc. (NYSE: CMI) recently named Cathy Buening-Griffin Vice President, Business Process Transformation and Information Technology (IT) System Integration.

In her new role, Buening-Griffin will be leading the Orchestration Roadmap Initiative (ORM). The Cummins Leadership Team launched the ORM initiative to plan, develop and implement an integrated set of business and IT programs that will serve as the backbone of Cummins’ business processes in the future.

"This initiative is strategically critical to the company and Cathy is uniquely qualified to lead it," said Lisa Yoder, Vice President, Global Supply Chain and Manufacturing. "Cathy has been with Cummins for more than 23 years and has deep experience in a range of different business units and functions across the company. She has had global responsibility and has a keen understanding of the role of business processes and IT in improving the quality and efficiency of our work. We are pleased to have Cathy in this newly created role and she will no doubt help Cummins derive increased business value from our strategic IT investments."

Buening-Griffin will lead a dedicated team who will manage the linkages and interdependencies between critical business process and IT programs, such as Enterprise Resource Planning, Product Lifecycle Management, DBU Next Gen, Business Operations Ledger Transaction and Core Business Data Management.

Her responsibilities will include directing the overall initiative including schedule management and issue resolution. In addition, Buening-Griffin will also be working across these programs to ensure end-to-end business processes and business capabilities are rationalized and improved, and will work with IT to reduce IT complexity and costs across the programs.

Prior to this new role, Buening-Griffin was the Executive Director of Marketing & Sales for the Cummins Components Group. In this role she had global responsibility for product planning, customer interface processes or IAM (integrated account management) and strategic marketing.

Buening-Griffin first joined Cummins in corporate finance where she spent four years in various aspects of planning, forecasting, reporting and then analytical finance supporting new products and acquisitions/divestitures. In 1995, Buening-Griffin joined the purchasing group for the engine business. Buening-Griffin then made another functional change into marketing and sales leading the global Construction business from 2005-2008 in the MidRange portion of EBU. In 2008, Buening-Griffin moved to the PowerGen business where she ran the Consumer business of 3-100kW generators in Recreational Vehicle, Marine, Commercial Mobile and Residential applications.

Buening-Griffin received her BS in Business/Accounting from Indiana University in 1989 and her MBA from Indiana University in 1990. Buening-Griffin and her husband Larry have been married for 17 years and both are Indiana natives.

About Cummins

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 48,000 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 6,500 dealer locations. Cummins earned $1.48 billion on sales of $17.3 billion in 2013. Press releases can be found on the Web at www.cummins.com. Follow Cummins on Twitter at @Cummins and on YouTube at CumminsInc.

Source: Cummins Inc.

February 20, 2014

News Release

CHARLESTON, S.C. - Cummins Inc. (NYSE: CMI) has named Jim Schacht General Manager for the Commercial Marine Business. Working in close cooperation with the Cummins distributor network, Schacht will be responsible for all commercial marine business activities for the Engine Business Unit (EBU) globally, including business development and support. He will be located in Columbus, Indiana and will report directly to Ed Pence, Vice President of the High Horsepower Engine Business.

"The importance of the commercial marine market to Cummins has increased significantly over the past several years," said Schacht. "We will continue to invest in our people, products and services to help our customers succeed in this increasingly demanding market segment."

Jim Schacht joined Cummins in 2010 as the Executive Director of Cummins Business Services, responsible for Cummins' corporate shared services organization that provides Accounting, Customer Care, HR and IT Services to Cummins operating entities worldwide. Over the last four years, Jim created a truly global services entity, increasing global support capabilities, improving internal service delivery and customer satisfaction measures, while lowering costs and improving operational efficiencies.

Prior to Cummins, Schacht held numerous executive-level leadership roles in the communications, information technology and hospitality industries. Schacht holds a BA in Philosophy from Trinity College (Hartford, CT USA) and an MBA from Harvard University.

Jim Schacht replaces Jenny Bush who will serve as the President for Cummins Mid-South, the exclusive distributor of Cummins products in Alabama, Arkansas, Louisiana, and Mississippi, and portions of Florida, Illinois, Missouri, and Tennessee. Across this geography, Mid-South serves a number of markets and is notable for its global leadership within the commercial marine segment. Bush will relocate to the distributor's headquarters in Memphis, Tennessee.

About Cummins

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 48,000 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 6,500 dealer locations. Cummins earned $1.48 billion on sales of $17.3 billion in 2013.

Source: Cummins Inc.