Commercial vehicle powertrain specialist Cummins has announced it has Jennifer Rumsey as its next chief executive officer, making her the first woman to lead the 103-year-old company.
Rumsey will take up the position on 1st August taking over from outgoing CEO, Tom Linebarger, who will continue to serve as chairman of the Cummins’ board.
Rumsey is currently the president and chief operating officer of Cummins, and was elected to its board back in February.
As has been the case with most industrial manufacturers, global supply chain holdups have been a major challenge for Cummins’ operations, according to Rumsey.
The new CEO says that “mitigating risks by strengthening the industrial company’s supplier base” is one of here priorities.
“We’ve delivered strong results and strong revenue even against some pretty significant supply chain headwinds. Supply chain resiliency has become a lot more important to businesses now,” Rumsey said following the announcement of her appointment.
Rumsey is a 20-year veteran at Cummins, and was also the first woman to be at the company’s chief technology officer, before moving into her current role as the first female chief operating officer.
“The work ahead for us is deeply personal for me,” she said.
“We have an important purpose in how we define solutions and deliver them,” she concluded.