Jennifer Rumsey net worth and biography

Jennifer Rumsey Biography and Net Worth

COO of Cummins
Jennifer Rumsey is President and Chief Operating Officer of Cummins Inc. She assumed the role in March 2021, succeeding Tony Satterthwaite.

Prior to her current role, Rumsey was Vice President and President of Components Segment, one of Cummins’ five business segments. The Components Segment consists of five businesses: Cummins Filtration, Cummins Turbo Technologies, Cummins Emission Solutions, Cummins Electronics and Fuel Systems and Eaton Cummins Automated Transmission Technologies. As the President of Components, Rumsey oversaw an organization of more than 12,000 global employees with sales of $6 billion in 2020 and customers located around the world. 

Rumsey previously served as Vice President and Chief Technical Officer where she led the global technical organization of approximately 11,000 employees responsible for research and engineering across Cummins. Rumsey’s early career focused on control systems and system engineering; initially at a fuel processing and fuel cell start-up company in Cambridge, MA. In 2000, she moved to Cummins and has worked in a variety of engineering roles across Cummins and product life cycle areas including advanced technology development, new product development, current product engineering and product quality. 

Rumsey is passionate about building high-performing, diverse teams and has dedicated her Cummins career to the development of others and to innovate for customers to power their success. 

Rumsey is a member of the Society of Women Engineers, Society of Automotive Engineers, the Purdue Engineering Advisory Committee and Women in Trucking Association. She holds a Bachelor of Science in Mechanical Engineering from Purdue University and a Master of Science in Mechanical Engineering from Massachusetts Institute of Technology.

What is Jennifer Rumsey's net worth?

The estimated net worth of Jennifer Rumsey is at least $511,481.52 as of March 31st, 2022. Ms. Rumsey owns 2,052 shares of Cummins stock worth more than $511,482 as of December 1st. This net worth evaluation does not reflect any other investments that Ms. Rumsey may own. Additionally, Ms. Rumsey receives a salary of $2,020,000.00 as COO at Cummins. Learn More about Jennifer Rumsey's net worth.

How old is Jennifer Rumsey?

Ms. Rumsey is currently 48 years old. There are 8 older executives and no younger executives at Cummins. The oldest executive at Cummins is Ms. Sharon R. Barner, Chief Admin. Officer, who is 64 years old. Learn More on Jennifer Rumsey's age.

What is Jennifer Rumsey's salary?

As the COO of Cummins Inc., Ms. Rumsey earns $2,020,000.00 per year. There are 3 executives that earn more than Ms. Rumsey. The highest earning executive at Cummins is Mr. N. Thomas Linebarger, Exec. Chairman, who commands a salary of $8,300,000.00 per year. Learn More on Jennifer Rumsey's salary.

How do I contact Jennifer Rumsey?

The corporate mailing address for Ms. Rumsey and other Cummins executives is 500 JACKSON STREET BOX 3005, COLUMBUS IN, 47202. Cummins can also be reached via phone at (812) 377-5000 and via email at [email protected] Learn More on Jennifer Rumsey's contact information.

Has Jennifer Rumsey been buying or selling shares of Cummins?

Jennifer Rumsey has not been actively trading shares of Cummins within the last three months. Most recently, Jennifer Rumsey sold 420 shares of the business's stock in a transaction on Thursday, March 31st. The shares were sold at an average price of $208.41, for a transaction totalling $87,532.20. Following the completion of the sale, the chief operating officer now directly owns 2,052 shares of the company's stock, valued at $427,657.32. Learn More on Jennifer Rumsey's trading history.

Who are Cummins' active insiders?

Cummins' insider roster includes Sharon Barner (VP), John Brockhaus (VP), Franklin Changdiaz (Director), Christopher Clulow (VP), Jill Cook (Insider), Bruno Di Leo (Director), Tracy Embree (Insider), Thaddeus Ewald (VP), Walter Fier (VP), Melina Kennedy (VP), Norman Linebarger (CEO), Srikanth Padmanabhan (Insider), Jennifer Rumsey (COO), Tony Satterthwaite (Vice Chairman), and Mark Smith (CFO). Learn More on Cummins' active insiders.

Are insiders buying or selling shares of Cummins?

During the last twelve months, insiders at the sold shares 26 times. They sold a total of 175,007 shares worth more than $40,678,787.39. The most recent insider tranaction occured on November, 16th when Director Leo Allen Bruno V Di sold 950 shares worth more than $237,785.00. Insiders at Cummins own 1.0 % of the company. Learn More about insider trades at Cummins.

Information on this page was last updated on 11/16/2022.

Jennifer Rumsey Insider Trading History at Cummins

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/31/2022Sell420$208.41$87,532.202,052View SEC Filing Icon  
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Jennifer Rumsey Buying and Selling Activity at Cummins

This chart shows Jennifer Rumsey's buying and selling at Cummins by year and by quarter.

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Cummins Company Overview

Cummins logo
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
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Today's Range

Now: $249.26
Low: $247.69
High: $252.52

50 Day Range

MA: $231.74
Low: $202.68
High: $251.16

2 Week Range

Now: $249.26
Low: $184.27
High: $254.09

Volume

1,018,025 shs

Average Volume

1,024,815 shs

Market Capitalization

$35.15 billion

P/E Ratio

18.59

Dividend Yield

2.50%

Beta

1.05
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