IBJNews

Cummins CEO Solso retiring at end of year

Back to TopCommentsE-mailPrintBookmark and Share

Cummins Inc. says Tim Solso will retire as chairman and CEO at the end of the year and be succeeded by President and Chief Operating Officer Tom Linebarger.

The board of directors of the Columbus-based diesel engine maker announced the transition Tuesday.

The 64-year-old Solso has led Cummins since 2000, nearly doubling the company's sales to more than $13 billion last year, when profits topped $1 billion. The company's market capitalization has grown tenfold under Solso.

The 48-year-old Linebarger will be only the sixth executive to lead Cummins since it was founded in 1919. He joined Cummins 17 years ago and has served as president of its Cummins Power Generation subsidiary and as chief financial officer.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT