• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Cummins Announces Retirement of Sharon Barner, Chief Administrative Officer

    3/18/25 9:00:00 AM ET
    $CMI
    Industrial Machinery/Components
    Industrials
    Get the next $CMI alert in real time by email

    Cummins Inc. (NYSE:CMI) announced today that Chief Administrative Officer Sharon Barner will be retiring, effective May 31, following an extraordinary career and 13 years of committed service to Cummins.

    "Sharon is not only a renowned legal expert and business leader in intellectual property, risk management and environmental and regulatory affairs, she is also a model of courage, integrity and strong leadership," said Jennifer Rumsey, Chair and CEO, Cummins Inc. "She embodies our values, always lifting others up as she climbs, creating nurturing environments where everyone can thrive and passionately advocating in our communities."

    "A deeply curious and strategic thinker, Sharon's success is rooted in her ability to solve large, complex problems," Rumsey added. "She tackles every challenge by building strong relationships and setting clear expectations, fostering trust and a culture of collaboration, empowerment and accountability. I, along with countless others, have been profoundly impacted by her leadership, advocacy and counsel over the past 13 years, and her contributions have helped shape Cummins into the company we are today."

    Barner's career has spanned both the private and public sector. Prior to joining Cummins, Barner spent 27 years at private practice law firms, many of which in leadership positions, where she focused primarily on intellectual property law. Barner then served in the U.S. Department of Commerce as Deputy Under Secretary of Commerce for Intellectual Property and Deputy Director of the United States Patent and Trademark Office. She joined Cummins in 2012, serving first as Vice President and General Counsel, eventually adding interim Chief Human Resources Officer and Corporate Secretary to her responsibilities, before becoming Chief Administrative Officer in 2021.

    As Cummins' Vice President and General Counsel, Barner re-envisioned the Legal function to address external factors, like increased globalization, technological disruption and amplified government oversight. Over nine years in the role, Barner built a globally diverse and talented team of legal experts across 11 countries, skillfully executed multiple large-scale mergers and acquisitions, navigated several complex regulatory matters and continued to protect Cummins' business interests.

    Over the last four years as Chief Administrative Officer, Barner has led 12 corporate functions which provide critical services, expertise and support to Cummins' global businesses. Among her many accomplishments in this role, she helped lead the company through the COVID-19 pandemic, ensuring facilities were compliant with the law and that Cummins was a safe place to work. She also led the functional integration of several large-scale acquisitions – including the acquisition of Meritor, the largest in the company's history – and served on the Atmus Board of Directors to ensure the successful separation of Cummins' Filtration business, finalized last year.

    Barner has consistently been an early and active mentor for rising talent, both at Cummins and in the community. She was among the first sponsors for many of Cummins' leadership development programs, and she sponsors several recruiting efforts that help Cummins increase the pipeline and pool of diverse talent. In 2024, Barner generously endowed the Barner-McDuffie House at Syracuse University, her alma mater, ensuring that future generations of Black students have a space where they are seen, supported and celebrated.

    Barner currently serves in leadership positions on several public company and not-for-profit boards, including Howmet Aerospace Inc., Syracuse University and the Eskenazi Health Foundation. She has also served on the boards of Brebeuf Jesuit Preparatory School (Indiana), Indiana Repertory Theatre, Association of Corporate Counsel, Foundation for Advancement of Diversity in IP Law (FADIPL) and the Leadership Council on Legal Diversity. Her replacement will be named in the coming weeks.

    About Cummins Inc.

    Cummins Inc., a global power solutions leader, comprises five business segments - Engine, Components, Distribution, Power Systems and Accelera by Cummins - supported by its global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping its customers successfully navigate the energy transition with its broad portfolio of products. The products range from advanced diesel, natural gas, electric and hybrid powertrains and powertrain-related components including aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, electrified power systems with innovative components and subsystems, including battery, fuel cell and electric power technologies and hydrogen production technologies. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 69,600 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $3.9 billion on sales of $34.1 billion in 2024. See how Cummins is leading your world toward a future of smarter, cleaner power at www.cummins.com.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250318079398/en/

    Melinda Koski

    Director, External Communications

    [email protected]

    Get the next $CMI alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CMI

    DatePrice TargetRatingAnalyst
    4/7/2025$240.00Buy → Sell
    UBS
    1/14/2025$358.00Underperform → Neutral
    BofA Securities
    12/9/2024$355.00 → $420.00Underweight → Neutral
    Analyst
    11/13/2024$294.00 → $408.00In-line → Outperform
    Evercore ISI
    11/6/2024$350.00Buy → Hold
    Vertical Research
    6/28/2024Mkt Perform
    Raymond James
    6/26/2024$320.00Buy
    Citigroup
    5/10/2024$272.00 → $292.00Buy
    TD Cowen
    More analyst ratings

    $CMI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Cummins Reports First Quarter 2025 Results

      First quarter revenues of $8.2 billion; GAAP1 Net Income of $824 million, or 10.1% of sales EBITDA in the first quarter was 17.9% of sales; Diluted EPS of $5.96 Cummins Inc. (NYSE:CMI) today reported results for the first quarter of 2025. "The company delivered strong financial results in the first quarter of 2025 led by record performance in our Power Systems Segment," said Jennifer Rumsey, Chair and CEO. "I want to thank our global employees for their commitment to delivering for our customers in an increasingly challenging environment. Due to growing economic uncertainty driven by tariffs we have withdrawn our full year forecast." First quarter revenues of $8.2 billion decreased 3

      5/5/25 7:30:00 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Cummins Announces Appointment of John Gaidoo as Vice President and Chief Legal Officer

      Cummins Inc. (NYSE:CMI) announced today that John Gaidoo has been appointed as Vice President and Chief Legal Officer, effective June 1. He will succeed Nicole Lamb-Hale following her transition to Chief Administrative Officer and Corporate Secretary. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250409304561/en/John Gaidoo, Cummins Vice President and Chief Legal Officer "Throughout his 14-year tenure at Cummins, John has significantly impacted our company's success, the teams he leads and the communities he supports," said Jennifer Rumsey, Chair and CEO, Cummins Inc. "He has held various legal positions, showcasing his proficie

      4/9/25 9:00:00 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Cummins Announces Appointment of Nicole Y. Lamb-Hale as Chief Administrative Officer and Corporate Secretary

      Cummins Inc. (NYSE:CMI) announced today that Nicole Y. Lamb-Hale has been appointed Chief Administrative Officer and Corporate Secretary, effective June 1. She will succeed Sharon Barner when she retires on May 31. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250402041669/en/Nicole Y. Lamb-Hale, Chief Administrative Officer and Corporate Secretary "Nicole has spent her career mastering the complex fields of corporate and international law, regulatory compliance and trade policy," said Jennifer Rumsey, Chair and CEO, Cummins Inc. "She is a visionary and strategic thinker, and as our Vice President and Chief Legal Officer has lev

      4/2/25 9:00:00 AM ET
      $CMI
      $FRT
      Industrial Machinery/Components
      Industrials
      Real Estate Investment Trusts
      Real Estate

    $CMI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Cummins downgraded by UBS with a new price target

      UBS downgraded Cummins from Buy to Sell and set a new price target of $240.00

      4/7/25 11:54:55 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Cummins upgraded by BofA Securities with a new price target

      BofA Securities upgraded Cummins from Underperform to Neutral and set a new price target of $358.00

      1/14/25 7:50:01 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Cummins upgraded by Analyst with a new price target

      Analyst upgraded Cummins from Underweight to Neutral and set a new price target of $420.00 from $355.00 previously

      12/9/24 7:34:13 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials

    $CMI
    Leadership Updates

    Live Leadership Updates

    See more

    $CMI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Cummins Announces Appointment of John Gaidoo as Vice President and Chief Legal Officer

      Cummins Inc. (NYSE:CMI) announced today that John Gaidoo has been appointed as Vice President and Chief Legal Officer, effective June 1. He will succeed Nicole Lamb-Hale following her transition to Chief Administrative Officer and Corporate Secretary. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250409304561/en/John Gaidoo, Cummins Vice President and Chief Legal Officer "Throughout his 14-year tenure at Cummins, John has significantly impacted our company's success, the teams he leads and the communities he supports," said Jennifer Rumsey, Chair and CEO, Cummins Inc. "He has held various legal positions, showcasing his proficie

      4/9/25 9:00:00 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Cummins Announces Appointment of Nicole Y. Lamb-Hale as Chief Administrative Officer and Corporate Secretary

      Cummins Inc. (NYSE:CMI) announced today that Nicole Y. Lamb-Hale has been appointed Chief Administrative Officer and Corporate Secretary, effective June 1. She will succeed Sharon Barner when she retires on May 31. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250402041669/en/Nicole Y. Lamb-Hale, Chief Administrative Officer and Corporate Secretary "Nicole has spent her career mastering the complex fields of corporate and international law, regulatory compliance and trade policy," said Jennifer Rumsey, Chair and CEO, Cummins Inc. "She is a visionary and strategic thinker, and as our Vice President and Chief Legal Officer has lev

      4/2/25 9:00:00 AM ET
      $CMI
      $FRT
      Industrial Machinery/Components
      Industrials
      Real Estate Investment Trusts
      Real Estate
    • Cummins Announces Retirement of Sharon Barner, Chief Administrative Officer

      Cummins Inc. (NYSE:CMI) announced today that Chief Administrative Officer Sharon Barner will be retiring, effective May 31, following an extraordinary career and 13 years of committed service to Cummins. "Sharon is not only a renowned legal expert and business leader in intellectual property, risk management and environmental and regulatory affairs, she is also a model of courage, integrity and strong leadership," said Jennifer Rumsey, Chair and CEO, Cummins Inc. "She embodies our values, always lifting others up as she climbs, creating nurturing environments where everyone can thrive and passionately advocating in our communities." "A deeply curious and strategic thinker, Sharon's succes

      3/18/25 9:00:00 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Cummins Inc.

      SC 13G/A - CUMMINS INC (0000026172) (Subject)

      11/14/24 1:22:34 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13G filed by Cummins Inc.

      SC 13G - CUMMINS INC (0000026172) (Subject)

      3/22/24 4:43:20 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13G filed by Cummins Inc.

      SC 13G - CUMMINS INC (0000026172) (Filed by)

      2/14/24 4:05:32 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials

    $CMI
    Financials

    Live finance-specific insights

    See more
    • Cummins Reports First Quarter 2025 Results

      First quarter revenues of $8.2 billion; GAAP1 Net Income of $824 million, or 10.1% of sales EBITDA in the first quarter was 17.9% of sales; Diluted EPS of $5.96 Cummins Inc. (NYSE:CMI) today reported results for the first quarter of 2025. "The company delivered strong financial results in the first quarter of 2025 led by record performance in our Power Systems Segment," said Jennifer Rumsey, Chair and CEO. "I want to thank our global employees for their commitment to delivering for our customers in an increasingly challenging environment. Due to growing economic uncertainty driven by tariffs we have withdrawn our full year forecast." First quarter revenues of $8.2 billion decreased 3

      5/5/25 7:30:00 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Cummins Inc. Declares Quarterly Common Stock Dividend

      The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of one dollar and eighty-two cents ($1.82) per share. The dividend is payable on March 6, 2025, to shareholders of record on February 21, 2025. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Engine, Components, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping it

      2/11/25 4:15:00 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Cummins Acquires First Mode Assets for Decarbonization Leadership in Mining

      Cummins Inc. (NYSE:CMI) today announced the acquisition of assets of First Mode, a leader in retrofit hybrid solutions for mining and rail operations. The acquisition includes hybrid mining and rail product lines, and the full IP portfolio which includes hydrogen and battery powertrain solutions. This technology represents the first commercially available retrofit hybrid system for mining equipment, significantly reducing total cost of ownership (TCO) while advancing decarbonization in operations. In addition, Cummins is acquiring First Mode's commercial portfolio, manufacturing and technical teams in Australia, the United States and Chile. First Mode will continue to serve customers thro

      2/11/25 10:00:00 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials

    $CMI
    SEC Filings

    See more
    • Cummins Inc. filed SEC Form 8-K: Creation of a Direct Financial Obligation, Other Events, Financial Statements and Exhibits

      8-K - CUMMINS INC (0000026172) (Filer)

      5/9/25 1:57:15 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • SEC Form 424B5 filed by Cummins Inc.

      424B5 - CUMMINS INC (0000026172) (Filer)

      5/8/25 3:31:48 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Cummins Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - CUMMINS INC (0000026172) (Filer)

      5/7/25 6:02:38 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials

    $CMI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New insider Wright Benjamin G. claimed ownership of 3,266 units of Common (SEC Form 3)

      3 - CUMMINS INC (0000026172) (Issuer)

      3/25/25 10:55:43 AM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Vice President & CTO Wood Jonathan David covered exercise/tax liability with 543 units of Common and was granted 1,155 units of Common, increasing direct ownership by 24% to 3,188 units (SEC Form 4)

      4 - CUMMINS INC (0000026172) (Issuer)

      3/4/25 5:56:09 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • VP - Supply Chain Enright Robert was granted 923 units of Common and covered exercise/tax liability with 279 units of Common, increasing direct ownership by 207% to 955 units (SEC Form 4)

      4 - CUMMINS INC (0000026172) (Issuer)

      3/4/25 5:55:57 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials

    $CMI
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Wiltrout Jeffrey T bought $80,401 worth of Common (282 units at $285.11), increasing direct ownership by 29% to 1,262 units (SEC Form 4)

      4 - CUMMINS INC (0000026172) (Issuer)

      5/24/24 6:04:07 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Boakye Marvin bought $499,133 worth of Common (1,745 units at $286.04) (SEC Form 4)

      4 - CUMMINS INC (0000026172) (Issuer)

      5/21/24 1:47:23 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials
    • Fisher Daniel William bought $149,810 worth of Common (562 units at $266.57), increasing direct ownership by 111% to 1,068 units (SEC Form 4)

      4 - CUMMINS INC (0000026172) (Issuer)

      2/27/24 9:02:16 PM ET
      $CMI
      Industrial Machinery/Components
      Industrials