Srikanth Padmanabhan net worth and biography

Srikanth Padmanabhan Biography and Net Worth

Insider of Cummins
Srikanth Padmanabhan is President of the Engine Business, the largest of Cummins’ five business segments. In this role, he pushes the boundaries of customer-focused innovation to position Cummins as the leading powertrain supplier of choice, with its portfolio ranging from diesel and natural gas to hybrid, battery electric and fuel cell electric powertrains. In 2021, Srikanth and the team successfully drove the nearly $10-billion business to achieve profitable revenue growth and manufacture close to 1.5 million engines globally.

In his 30 plus years at Cummins, Srikanth has been passionate about bringing quality, innovative and energy-efficient products to life for customers, ensuring they have the right strategy and technologies to power their line of work. He has led a number of businesses across the company, including Vice President of the heavy duty, midrange and light duty markets, President of Cummins Emission Solutions, Managing Director of Cummins Generator Technologies based in Stamford, England, Country Manager of Cummins Filtration Mexico, and various leadership roles in Cummins Fuel Systems. As a diverse global leader, he has lived and worked in India, United States, Mexico and the United Kingdom.

Srikanth holds a bachelor’s degree in Mechanical Engineering from the National Institute of Technology in Trichy, India and a PhD in Mechanical Engineering from Iowa State University in Ames, Iowa. He is also a graduate of the Advanced Management Program from Harvard Business School. He is a distinguished alumnus of his undergraduate institution and the recipient of the Professional Achievement Citation in Engineering (PACE) award from Iowa State University’s College of Engineering.

Srikanth serves on the board of directors for Leggett & Platt Inc. (NYSE: LEG). He is also on the board of the American Transportation Research Institute (ATRI). Additionally, he is a board chair on the Community Education Coalition in Columbus, Indiana, and a member of the board of advisors for Indiana University-Purdue University Columbus.

Srikanth and his wife Usha live in Columbus, Indiana with their daughter Megna away in College.

What is Srikanth Padmanabhan's net worth?

The estimated net worth of Srikanth Padmanabhan is at least $5.53 million as of August 10th, 2022. Mr. Padmanabhan owns 22,020 shares of Cummins stock worth more than $5,530,543 as of December 1st. This net worth evaluation does not reflect any other assets that Mr. Padmanabhan may own. Additionally, Mr. Padmanabhan receives an annual salary of $1,850,000.00 as Insider at Cummins. Learn More about Srikanth Padmanabhan's net worth.

How old is Srikanth Padmanabhan?

Mr. Padmanabhan is currently 57 years old. There are 7 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 Srikanth Padmanabhan's age.

What is Srikanth Padmanabhan's salary?

As the Insider of Cummins Inc., Mr. Padmanabhan earned a total compensation package of $5,088,046.00 in 2021. Mr. Padmanabhan earned a salary of $647,000.00, stock awards of $2,305,311.00, non-equity compensation of $1,162,890.00, and other compensation of $43,707.00.There are 4 executives that earn more than Mr. Padmanabhan. 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 Srikanth Padmanabhan's salary.

How do I contact Srikanth Padmanabhan?

The corporate mailing address for Mr. Padmanabhan 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 Srikanth Padmanabhan's contact information.

Has Srikanth Padmanabhan been buying or selling shares of Cummins?

Srikanth Padmanabhan has not been actively trading shares of Cummins in the last ninety days. Most recently, Srikanth Padmanabhan sold 6,020 shares of the business's stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $222.01, for a transaction totalling $1,336,500.20. Following the completion of the sale, the insider now directly owns 22,020 shares of the company's stock, valued at $4,888,660.20. Learn More on Srikanth Padmanabhan'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 1.1 % of the company. Learn More about insider trades at Cummins.

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

Srikanth Padmanabhan Insider Trading History at Cummins

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/10/2022Sell6,020$222.01$1,336,500.2022,020View SEC Filing Icon  
3/18/2019Sell1,687$160.00$269,920.00View SEC Filing Icon  
5/18/2016Sell1,463$112.56$164,675.285,322View SEC Filing Icon  
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Srikanth Padmanabhan Buying and Selling Activity at Cummins

This chart shows Srikanth Padmanabhan's buying and selling at Cummins by year and by quarter.

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Cummins Company Overview

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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: $248.56
Low: $248.51
High: $252.26

50 Day Range

MA: $230.93
Low: $202.68
High: $250.86

2 Week Range

Now: $248.56
Low: $184.27
High: $254.09

Volume

13,145 shs

Average Volume

1,056,835 shs

Market Capitalization

$35.05 billion

P/E Ratio

18.54

Dividend Yield

2.55%

Beta

1.05