Tony  Satterthwaite net worth and biography

Tony Satterthwaite Biography and Net Worth

Vice Chairman of Cummins
Tony Satterthwaite was appointed as Vice Chairman of Cummins Inc. in March 2021. He serves on the Cummins Executive Team, reporting to the Chairman and CEO.
Satterthwaite joined Cummins in 1988 and has held leadership positions across our company's businesses and operations. He has a truly global view, having lived for extensive periods in Asia, Europe, and the US. He has been a leading force in our efforts to reorient our company's thinking and processes to serve our customers better and was the primary author of our Brand Promise – Innovation and Dependability.

Prior to this role, Satterthwaite served as President and Chief Operating Officer. He has also successfully led two of our global business segments. He was the President of Cummins' Distribution Segment, which provides unparalleled service, sales and support and a respective support network to customers worldwide, employing approximately 16,000 people.

He led Cummins Power Generation from 2008 to 2015. Under his leadership, the business unit engineered the power industry's only full range of large stationary generator sets to meet the US Environmental Protection Agency's Tier 4 standards and the stricter Tier 4 Final requirements effective in 2015. The business won major new military contracts, expanded the product footprint and invested in new technologies.

Tony holds a master's in business administration from Stanford University and an undergraduate degree in civil engineering from Cornell University. In addition, he is a graduate of the first Cummins Executive Leadership Development program.

Outside of Cummins, Tony is a Director of IDEX Corporation (NYSE: IEX) where he chairs the Compensation Committee and is a member of the Nominating and Corporate Governance Committee. He is part of the Cornell Engineering Advisory Council, a group that advises the Dean of the Engineering College.

What is Tony Satterthwaite's net worth?

The estimated net worth of Tony Satterthwaite is at least $21.73 million as of February 21st, 2024. Mr. Satterthwaite owns 73,741 shares of Cummins stock worth more than $21,727,786 as of March 28th. This net worth approximation does not reflect any other investments that Mr. Satterthwaite may own. Learn More about Tony Satterthwaite's net worth.

How do I contact Tony Satterthwaite?

The corporate mailing address for Mr. Satterthwaite 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 Tony Satterthwaite's contact information.

Has Tony Satterthwaite been buying or selling shares of Cummins?

During the last quarter, Tony Satterthwaite has sold $9,926,122.50 of Cummins stock. Most recently, Tony Satterthwaite sold 37,450 shares of the business's stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $265.05, for a transaction totalling $9,926,122.50. Following the completion of the sale, the senior vice president now directly owns 73,741 shares of the company's stock, valued at $19,545,052.05. Learn More on Tony Satterthwaite'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), Georgia Nelson (Director), 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, Cummins insiders bought shares 1 times. They purchased a total of 562 shares worth more than $149,812.34. During the last twelve months, insiders at the sold shares 5 times. They sold a total of 51,291 shares worth more than $13,577,167.19. The most recent insider tranaction occured on February, 28th when VP Sharon R Barner sold 2,100 shares worth more than $569,709.00. Insiders at Cummins own 1.1% of the company. Learn More about insider trades at Cummins.

Information on this page was last updated on 2/28/2024.

Tony Satterthwaite Insider Trading History at Cummins

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/21/2024Sell37,450$265.05$9,926,122.5073,741View SEC Filing Icon  
11/14/2022Sell7,610$250.06$1,902,956.6059,276View SEC Filing Icon  
11/11/2022Sell7,704$247.30$1,905,199.2059,276View SEC Filing Icon  
11/8/2022Sell5,000$239.07$1,195,350.0059,276View SEC Filing Icon  
8/26/2022Sell4,866$230.18$1,120,055.8859,276View SEC Filing Icon  
11/23/2021Sell9,190$226.72$2,083,556.80View SEC Filing Icon  
2/13/2020Sell5,395$167.75$905,011.2551,584View SEC Filing Icon  
11/5/2018Sell830$141.61$117,536.3040,371View SEC Filing Icon  
7/25/2017Sell4,000$169.00$676,000.0041,902View SEC Filing Icon  
7/6/2017Sell4,000$164.50$658,000.0041,902View SEC Filing Icon  
4/28/2017Sell4,000$151.03$604,120.0041,902View SEC Filing Icon  
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Tony Satterthwaite Buying and Selling Activity at Cummins

This chart shows Tony Satterthwaite'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 Accelera. 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 parts and services, as well as remanufactured parts and engines. It provides power generation systems, 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, and electric power generation systems, and batteries. It 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: $294.65
Low: $292.90
High: $296.67

50 Day Range

MA: $260.31
Low: $229.21
High: $291.88

2 Week Range

Now: $294.65
Low: $203.18
High: $297.11

Volume

1,107,230 shs

Average Volume

3,261,030 shs

Market Capitalization

$41.80 billion

P/E Ratio

56.88

Dividend Yield

2.30%

Beta

1.03