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CMI > SEC Filings for CMI > Form 8-K on 10-Jul-2014All Recent SEC Filings

Show all filings for CUMMINS INC

Form 8-K for CUMMINS INC


Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(a) Not applicable.

(b) Not applicable.

(c) On July 8, 2014, Richard J. Freeland was appointed as President and Chief Operating Officer of Cummins Inc. (the "Company") effective immediately. Freeland, 56, has been Vice President and President - Engine Business of the Company since 2010 after serving as the Company's Vice President and President - Components Group from 2008-2010. In connection with his appointment, Freeland will receive an additional long-term incentive award to reflect his additional responsibilities. The award will include performance cash, performance shares and stock options and will be consistent with the Company's long-term incentive compensation and methodology described in the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 28, 2014. Additional details of the award will be disclosed in the Company's Definitive Proxy Statement on Schedule 14A relating to the Company's 2015 annual meeting to the extent required by applicable regulations. A copy of the press release announcing Freeland's appointment is filed as Exhibit 99 to this Current Report on Form 8-K and is incorporated herein by reference.

(d) Not applicable.

(e) Not applicable.

(f) Not applicable.

Item 9.01. Financial Statements and Exhibits.

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits. The following exhibit is being furnished herewith:

(99) Press release dated July 8, 2014.

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