Cummins Inc. has appointed Rich Freeland as president & COO. He will report to Tom Linebarger, who will remain chairman & CEO.
The global engine maker said that in his new role, Freeland will “focus on the company’s daily operations to ensure that we meet our financial, customer and operating commitments.”
Freeland has been president of the company’s Engine Business operation since 2010, overseeing development, manufacturing, marketing and sales for Cummins’ largest business unit.
While Freeland headed up the unit, its revenues grew from $6.4 billion in 2010 to over $10 billion in 2013. Cummins also noted that during his tenure, a “record number” of new products were launched and numerous global partnerships were created or expanded.”
“Rich has a deep understanding of Cummins’ business, people, customers, and markets, which will be invaluable in his new role,” stated Linebarger. “As someone who has been with Cummins since 1979, and has successfully led three of our four business units over the years, Rich knows what it takes to be dependable every time for our customers across the globe.”
Succeeding Freeland as Engine Business president will be Dave Crompton. According to Cummins, for more than 25 years, Crompton has been “a major force driving transformation and growth in the Engine Business through a variety of roles he has held,” including most recently heading the Heavy Duty Mid-Range and Light Duty segments of the business unit.
The company noted that in that role, Crompton “successfully led the integration of the heavy-, medium- and light-duty engine businesses into one seamless, global organization for the first time at Cummins and through strong execution helped this area realize strong operational efficiency, cost reduction and financial performance.”
“During both good and challenging economic times, Dave has successfully developed and led teams that continuously improved the products, processes and services that our customers depend on for their success,” remarked Linebarger. “Dave has helped our engine business expand global partnerships, improve quality and navigate through some of the most strategic and economic challenges our company has faced.”