Cummins CFO to Retire, Successor Named

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(L to R) Pat Ward and Mark Smith (photos courtesy of Cummins) (L to R) Pat Ward and Mark Smith (photos courtesy of Cummins)
INDIANAPOLIS -

Cummins Inc. (NYSE: CMI) has announced that Chief Financial Officer Pat Ward is retiring after 31 years. Mark Smith will succeed him effective March 31.

Smith was previously president of financial operations where he worked with finance controllers to ensure that the company met its operational and financial commitments. In his 20 years with Cummins, Smith also led the investor relations, business planning and analysis, and capital management functions.

“On behalf of the Board of Directors, I thank Pat for his excellent service,” said Bob Herdman, chairman of the Audit Committee. “As Pat transitions his CFO responsibilities to Mark Smith, he leaves behind a strong finance function positioning the company well for continued success.”

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