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Norman Thomas Linebarger net worth and biography

Norman Linebarger Biography and Net Worth

CEO of Cummins
Tom Linebarger became Chairman and CEO of Cummins Inc., the largest independent maker of diesel engines and related products in the world, on January 1, 2012.  Prior to becoming Chairman and CEO, he served as President and COO from 2008 to 2011, Executive Vice President and President, Power Generation Business from 2003 to 2008, Vice President and Chief Financial Officer from 2000 to 2003, and Vice President, Supply Chain Management from 1998 to 2000. 

Tom grew up in California and in 1986 received joint undergraduate degrees in management engineering from Claremont McKenna College and mechanical engineering from Stanford University.  He later returned to Stanford University to earn an MS in manufacturing systems from the School of Engineering and an MBA from the Graduate School of Business in 1993.

Prior to joining Cummins, Tom was an investment analyst and investment manager at Prudential Investment Corporation where he lived in both Singapore and Hong Kong.  While at Stanford, he worked at Cummins as an intern and spent his summer working on the manufacturing line at the Cummins Midrange Engine plant in Walesboro, Indiana.  He liked the values, the people and the business challenges he found at Cummins and decided to join full time in February 1993. 

Tom has been on the board of directors of Harley Davidson since 2008. He is also a board member of the Business Roundtable where he serves as Chair of the International Engagement Committee, as well as, a member of the Executive Committee, US-China Business Council, Energy Systems Network and Canvas.

Tom and his wife Michele live in Indianapolis and enjoy traveling to spend time with their adult daughters, Alex and Emily.

What is Norman Thomas Linebarger's net worth?

The estimated net worth of Norman Thomas Linebarger is at least $34.23 million as of November 14th, 2022. Linebarger owns 137,338 shares of Cummins stock worth more than $34,232,870 as of December 2nd. This net worth evaluation does not reflect any other assets that Linebarger may own. Learn More about Norman Thomas Linebarger's net worth.

How do I contact Norman Thomas Linebarger?

The corporate mailing address for Linebarger 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 Norman Thomas Linebarger's contact information.

Has Norman Thomas Linebarger been buying or selling shares of Cummins?

During the last quarter, Norman Thomas Linebarger has sold $15,036,668.62 in shares of Cummins stock. Most recently, Norman Thomas Linebarger sold 54,809 shares of the business's stock in a transaction on Monday, November 14th. The shares were sold at an average price of $250.21, for a transaction totalling $13,713,759.89. Following the completion of the sale, the chairman now directly owns 137,338 shares of the company's stock, valued at $34,363,340.98. Learn More on Norman Thomas Linebarger'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.

Norman Thomas Linebarger Insider Trading History at Cummins

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/14/2022Sell54,809$250.21$13,713,759.89137,338View SEC Filing Icon  
11/11/2022Sell5,291$250.03$1,322,908.73137,338View SEC Filing Icon  
3/31/2022Sell37,510$207.09$7,767,945.90View SEC Filing Icon  
2/10/2021Sell8,389$245.10$2,056,143.9099,927View SEC Filing Icon  
2/13/2020Sell10,447$167.54$1,750,290.3895,636View SEC Filing Icon  
12/17/2018Sell24,830$133.19$3,307,107.7084,418View SEC Filing Icon  
5/2/2017Sell24,000$163.00$3,912,000.0024,607View SEC Filing Icon  
6/9/2014Sell10,647$160.00$1,703,520.00View SEC Filing Icon  
4/29/2014Sell10,647$151.80$1,616,214.6043,642View SEC Filing Icon  
9/10/2013Sell20,000$130.03$2,600,600.00View SEC Filing Icon  
See Full Table

Norman Thomas Linebarger Buying and Selling Activity at Cummins

This chart shows Norman Thomas Linebarger's buying and selling at Cummins by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

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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