Cummins board names three executive vice presidents as company reorganizes into business groups.COLUMBUS, Ind.--(BUSINESS WIRE)--April 10, 1996--The Board of Directors of Cummins Engine Co. Inc. has (NYSE NYSE See: New York Stock Exchange :CUM) named three executive vice presidents as part of the company's reorganization into business groups announced March 21. Appointed were C. Roberto Cordaro, executive vice president, group president - automotive; John K. Edwards, executive vice president, group president - power generation, and F. Joseph Loughrey, executive vice president, group president - industrial. Also, M. David Jones David Jones is a common name, particularly in Wales, and there have been several well-known individuals with this name. Variations include Dave Jones and Davy Jones. was named to head the filtration business group as president - Fleetguard, a Cummins subsidiary. The executives will report to Tim Solso, 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. . "This new organization better reflects our recent and future growth, supports our market and geographic diversification, and enhances our ability to become even more responsive to our customers," said James A. Henderson James A. Henderson was Chairman of the Board from 1995 and Chief Executive Officer from 1994 of Cummins Inc. (manufacturer of diesel and natural gas engines), Columbus, Indiana, until his retirement in December 1999. Mr. Henderson has been a Director of AT&T Inc. since October 1999. , chairman and chief executive officer. Cummins, headquartered in Columbus, Ind., is a leading worldwide designer and manufacturer of diesel engines and related products. These engines provide power for its key markets: automotive, power generation, industrial and filtration. Cummins reported record sales of $5.2 billion in 1995. -0- C. Roberto Cordaro, 46, joined Cummins in 1978 after working for Chrysler and General Motors in Brazil. He has served in Cummins' Brazilian operations and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. marketing, and was named group vice president - marketing in 1990. Cordaro received his B.S. and M.S. degrees in engineering from Faculdade Engenharia Industrial - FEI FEI Fédération Équestre Internationale. in Brazil, and is a graduate of the Stanford Executive Program. He was born in Sao Paulo, Brazil. John K. Edwards, 51, has been with Cummins since 1972 and served in various capacities in the company's operations in Columbus and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. before being named vice president - international in 1989. Prior to joining Cummins, Edwards served in the Peace Corps in Colombia. He holds B.A. and M.A. degrees in economics from Claremont Men's College and Vanderbilt Univ., respectively. Edwards is a native of Erie, Pa. F. Joseph Loughrey, 46, joined Cummins in 1974 and has served in the areas of manufacturing, engineering and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . He was named group vice president - worldwide operations in 1990 and assumed added responsibilities as chief technical officer in 1995. Loughrey received a B.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. from the University of Notre Dame. He is a native of Holyoke, Mass. M. David Jones, 49, joined Cummins in 1970 and has served in a number of positions at the company's Fleetguard filter subsidiary and in Cummins' parts and service operations. He was named vice president - aftermarket group in 1989. Jones holds a B.S. degree in engineering from Tennessee Technological Univ. and an M.B.A. from Harvard Univ. He is a native of Nashville, Tenn. CONTACT: Cummins Engine Co. Inc., Columbus Ann C. Smith, 812/377-3524 |
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