Cummins President, COO Joe Loughrey elected to Company's Board of Directors.COLUMBUS, Ind. -- Cummins (NYSE NYSE See: New York Stock Exchange :CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. ) President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Joe Loughrey has been elected to the Cummins Board of Directors, the Company announced today. Loughrey becomes the ninth member of the Cummins board. Loughrey, 55, was named to his current executive position in May after serving as Executive Vice President and President - Engine Business for more than five years. He joins Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Tim Solso as the only Cummins employees on the board. "We are delighted to have Joe on the board," Solso said. "Joe's knowledge of Cummins and his commitment to excellence are second to none, and his presence on the board will be invaluable as we chart the Company's future course." Cummins Directors are elected annually by shareholders, with the results announced at the Company's annual meeting each spring. Loughrey joined Cummins in 1974 and has held a number of leadership roles in the Company during his tenure. Under Loughrey's leadership, the Engine Business recorded its highest level of sales and earnings, helping lead Cummins to record sales and net earnings in 2004. Loughrey, a Holyoke, Mass., native and Columbus resident, graduated from the University of Notre Dame Notre Dame IPA: [nɔtʁ dam] is French for Our Lady, referring to the Virgin Mary. In the United States of America, Notre Dame in 1971 with a bachelor's degree in economics and African studies African studies (also known as Africana studies) is the study of Africa, and can encompass such fields as social and economic development, politics, history, culture, sociology, anthropology or linguistics. A specialist in African studies is referred to as an Africanist. . He is a member of the board of the Cummins Foundation, the National Association of Manufacturers, Tower Automotive Tower Automotive Pink Sheets: TWRAQ is a manufacturer of automobile frames based in Novi, Michigan. The company is currently the world's largest manufacturer of vehicle frames. Inc., Sauer-Danfoss Inc. and the Columbus Learning Center Management Corp. He also serves on the Advisory Council for the College of Arts & Letters at the University of Notre Dame Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in more than 160 countries through its network of 550 Company-owned and independent distributor facilities and more than 5,000 dealer locations. With more than 28,000 employees worldwide, Cummins reported sales of $8.4 billion in 2004. Press releases can be found on the Web at www.cummins.com. |
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