Cummins Announces Executive Management Appointments

Joe Loughrey, president and COO

May 11, 2005 — After 31 years with the company, Joe Loughrey has been named president and chief operating officer of Cummins, Inc., Columbus, Ind. According to Cummins, this move is part of a strategic reorganization designed to further promote execution and growth among its businesses.

"We are restructuring critical elements of the company to help us better execute our plans, grow faster — especially in developing markets — capture more synergies between businesses and generate more profit for shareholders," said Tim Solso, Cummins chairman and CEO.

Succeeding Loughrey as president of the Engine Business is Jim Kelly, who served as vice president and general manager of the MidRange and Heavy Duty Engine Businesses. In his new role, Kelly will be responsible for engineering, manufacturing, purchasing, sales and marketing for all engine families and markets worldwide.

After leading the Cummins Filtration Business since 2000, Rick Mills will become president of the new Components Group. Mills will take on responsibility for the following business units: Fleetguard/Nelson, Emission Solutions, Holset Engineering Co., and Fuel Systems.

Rich Freeland was named president, Worldwide Distribution Business, which combines Cummins International and North American distributors under one organization. Freeland will manage wholly- and majority-owned distributors, have oversight of distributor joint ventures where Cummins has a minority share, and drive distribution channel management worldwide.

Steve Chapman, who has served as president of the International Distributor Business, will become group vice president, Emerging Markets and Businesses. He will assume an expanded role in growth markets, such as China, India and Russia, as well as corporate business development.

Tom Linebarger, president of Cummins Power Generation, and Jean Blackwell, chief financial officer, were named executive vice presidents.