2010 Sustainability Report - Cummins.com
2010 Sustainability Report - Cummins.com
2010 Sustainability Report - Cummins.com
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Dr. Franklin Chang-Diaz<br />
Title: Chairman and CEO of Ad Astra Rocket<br />
Company. Member, <strong>Cummins</strong> Board of Directors<br />
(December 2009).<br />
Education: Bachelor of Science degree in<br />
mechanical engineering from the University of<br />
Connecticut in 1973. Doctorate in applied plasma<br />
physics from the Massachusetts Institute of<br />
Technology in 1977.<br />
Career: Dr. Chang-Diaz began working on rocket<br />
propulsion shortly after getting his doctorate at<br />
MIT. He worked as a visiting scientist with the MIT<br />
Plasma Fusion Center from 1983 to 1993, and<br />
then served as Director of the Advanced Space<br />
Propulsion Laboratory at Johnson Space Center<br />
until 2005 when he founded Ad Astra.<br />
In space: Chang-Diaz became an astronaut in<br />
1981. He was in space seven times (1986, 1989,<br />
1992, 1994, 1996, 1998, and 2002), logging more<br />
than 1,600 hours in space, including 19 hours and<br />
31 minutes in three spacewalks.<br />
Q: You are very active in an ambitious economic and<br />
social development effort in Costa Rica, called the<br />
21st Century Strategy. Can you talk about that a bit?<br />
A: For the last four years, I have been involved with a<br />
very large group of scientists, politicians and thinkers,<br />
and we have developed something of a master plan.<br />
The whole concept is to make Costa Rica a first-world<br />
country by the middle of this century.<br />
Costa Rica is a very small country, but it is a country that<br />
has a lot of future and ambition. It is a country that has<br />
all the ingredients to achieve success. Politically, it is very<br />
stable and economically it is very diversified. It is also a<br />
country that has invested a great deal in education.<br />
But, there are still a lot of needs. There is still a<br />
great deal of poverty and a widening gap between<br />
the rich and poor.<br />
Our role is like that of a flight controller. All these<br />
projects are funded by some other group, but we<br />
act like a very large radar screen and monitor them.<br />
Our role is to make sure they all fly in the right direction<br />
and nobody crashes.<br />
Q: Have you found your work with the strategy<br />
group to be good fit for <strong>Cummins</strong>’ interests in<br />
corporate responsibility?<br />
A: Yes. Tim is interested in diversity, in new ideas and<br />
reaching out to the developing world and he is very<br />
interested in education. All these things are in concert<br />
with the work the 21st Century Strategy group is<br />
doing. There aren’t many <strong>com</strong>panies that see the big<br />
picture and care as much about improving the world<br />
around them as <strong>Cummins</strong> does.<br />
Q: What does being an effective board member<br />
mean to you?<br />
A: I have a certain background that gives me a set<br />
of skills that aren’t better or worse than other board<br />
members, but are different. I hope that difference will<br />
allow me to identify or see certain things that might<br />
improve the <strong>com</strong>pany or might contribute to making<br />
the <strong>com</strong>pany more effective, more prosperous …<br />
make it a better <strong>com</strong>pany.<br />
Corporate Governance<br />
57