Robert Herdman - Cummins Independent Director
| CMI Stock | USD 377.39 2.12 0.56% |
Director
Mr. Robert K. Herdman is an Independent Director of the Company. Mr. Herdman was Managing Director of Kalorama Partners LLC, a Washington, D.C. consulting firm specializing in providing advice regarding corporate governance, risk assessment, crisis management and related matters since 2004. He was the Chief Accountant of the SEC from October 2001 to November 2002 prior to joining Kalorama. Prior to joining the SEC, he was Ernst Young Vice Chairman of Professional Practice for its Assurance and Advisory Business Services practice in the Americas and the Global Director of AABS Professional Practice for Ernst Young International. He was the senior Ernst Young partner responsible for the firm relationships with the SEC, FASB and AICPA. Since 2011, he was a member of the Board of Directors and has chaired the Audit Committee of WPX Energy, Inc. In April 2015, he retired from the Board of Directors of HSBC Finance Corporation and HSBC USA Inc. Mr. Herdman had served on the Audit Committees of both companies through April 2013. Mr. Herdman also retired from the Board of Directors of HSBC North America Holdings, Inc. in April 2015 and was past Chairman of both its Audit and Risk Committees. since 2008.
| Age | 72 |
| Tenure | 16 years |
| Professional Marks | CPA |
| Address | 500 Jackson Street, Columbus, IN, United States, 47202-3005 |
| Phone | 812 377 5000 |
| Web | https://www.cummins.com |
Cummins Management Efficiency
The company has Return on Asset of 0.0689 % which means that on every $100 spent on assets, it made $0.0689 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1938 %, implying that it generated $0.1938 on every 100 dollars invested. Cummins' management efficiency ratios could be used to measure how well Cummins manages its routine affairs as well as how well it operates its assets and liabilities. The Cummins' current Return On Tangible Assets is estimated to increase to 0.04. The Cummins' current Return On Capital Employed is estimated to increase to 0.1. As of now, Cummins' Other Current Assets are increasing as compared to previous years. The Cummins' current Total Current Assets is estimated to increase to about 16 B, while Debt To Assets are projected to decrease to 0.18.Similar Executives
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Management Performance
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0689 |
Cummins Leadership Team
Elected by the shareholders, the Cummins' board of directors comprises two types of representatives: Cummins inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cummins. The board's role is to monitor Cummins' management team and ensure that shareholders' interests are well served. Cummins' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cummins' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Bernhard, Independent Director | ||
| Amy Adams, Vice Technologies | ||
| Alexis Herman, Lead Independent Director | ||
| Marya Rose, Vice President Chief Administrative Officer | ||
| Walter Fier, Vice President Chief Technical Officer | ||
| John Brockhaus, Vice President - Human Resources Technology and Strategy | ||
| Jeff Wiltrout, Vice President - Corporate Strategy | ||
| Antonio Leitao, Vice President and Presidentident—Power Generation | ||
| Angel Franklin, Vice President - Compensation and Benefits | ||
| Mark Sifferlen, Chief Risk Officer, Vice President Lead - Environmental, Social and Governance Strategy | ||
| Livingston Satterthwaite, Vice President, President - Distribution Business | ||
| Mark Smith, Executive Director - Investor Relations | ||
| William Miller, Independent Director | ||
| Karen Quintos, Independent Director | ||
| Stephen Dobbs, Independent Director | ||
| Kimberly Nelson, Independent Director | ||
| Nathan Stoner, Vice President - China ABO | ||
| Judy Brunson, Vice President - Quality | ||
| Cathy BueningGriffin, Vice President - Business Transformation | ||
| Norman Linebarger, Chairman of the Board, Chief Executive Officer | ||
| Melina Kennedy, Vice President - Product Compliance and Regulatory Affairs | ||
| Schuyla Jeanniton, Executive Staff | ||
| Thomas Linebarger, Ex Chairman | ||
| Christopher Clulow, Vice President, Corporate Controller, Principal Accounting Officer | ||
| Amy Davis, Vice President and Presidentident – New Power Segment | ||
| Marina Savelli, Vice President - Cummins Electronics and Fuel Systems | ||
| Jennifer Bush, VP Systems | ||
| John Gaidoo, Vice President Deputy General Counsel, Employment and Labor Relations | ||
| Nicole LambHale, Vice President General Counsel | ||
| Georgia Nelson, Independent Director | ||
| Jill Cook, Vice President - Chief Human Resource Officer | ||
| Thaddeaus Ewald, Vice President- Corporate Strategy and Business Development | ||
| Bonnie Fetch, Vice President - Distribution Business Supply Chain Services | ||
| Cariappa Chenanda, Vice President - Cummins Emission Solutions | ||
| Cathy Way, Vice President - Government Relations | ||
| Sharon JD, VP Officer | ||
| Srikanth Padmanabhan, Vice President and President - Engine Business | ||
| Hon LambHale, VP Counsel | ||
| Jonathan Wood, Chief Officer | ||
| Earl Newsome, Chief Information Officer, Vice President | ||
| Mahesh Narang, Vice President and President - Components Segment | ||
| Bruno Leo, Independent Director | ||
| Mark Osowick, Vice President of Human Resources Operations | ||
| Peter Anderson, Vice President - Global Supply Chain and Manufacturing | ||
| Sharon Barner, Vice President, Chief Administrative Officer, Corporate Secretary | ||
| Carla Harris, Independent Director | ||
| Donald Jackson, Vice President, Treasury and Tax | ||
| Norbert Nusterer, Vice President and President - Power Systems | ||
| Brett Merritt, President Business | ||
| Thomas Lynch, Independent Director | ||
| Jennifer Rumsey, Vice President and President - Components Group | ||
| Steph Disher, Vice President - Cummins Filtration | ||
| Sherry Aaholm, Chief Information Officer, Vice President | ||
| Marvin Boakye, VP Officer | ||
| Robert Herdman, Independent Director | ||
| Tracy Embree, Vice President and President - Distribution Business | ||
| Steven Chapman, Group Vice President - China and Russia | ||
| Franklin Diaz, Independent Director | ||
| Luther Peters, Vice President Corporate Controller, Principal Accounting Officer |
Cummins Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cummins a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0689 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 56.76 B | ||||
| Shares Outstanding | 137.18 M | ||||
| Shares Owned By Insiders | 0.39 % | ||||
| Shares Owned By Institutions | 86.81 % | ||||
| Number Of Shares Shorted | 1.6 M | ||||
| Price To Earning | 18.70 X |
Currently Active Assets on Macroaxis
When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cummins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.277 | Dividend Share 6.86 | Earnings Share 15.03 | Revenue Per Share 245.499 | Quarterly Revenue Growth 0.003 |
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.