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Transition goes according to plan
The smooth transition to Tom Linebarger as the new
leader of Cummins may be one of Tim Solso’s most
satisfying accomplishments.
Solso, the Company’s Chairman and Chief
Solso said in a final letter to employees
Executive Officer from 2000 to 2011, had
in December 2011. “So while I leave with
long said one of his greatest sustainability
some sense of sadness, I am also excited
FINANCIAL
challenges was finding and developing the
next generation of leaders at Cummins.
The transition to Linebarger had been
underway for five years before Solso’s
retirement was announced with little fanfare
about the prospects ahead for Cummins.”
Solso, 65, worked in various positions at
Cummins for 40 years. At the outset of his
tenure as CEO, the Company was in the
midst of severe financial problems.
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Go to our website – www.cummins.com/sustainability – for regular updates on how we’re meeting
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in July 2011, the former chairman told
employees in a series of transition meetings.
Solso and his team, which included
Linebarger, steered Cummins through those
Production Notes
Design and writing: Cummins Corporate Communications
The change, which went into effect
Jan. 1, 2012, has hardly caused a ripple
difficulties, then developed a plan for longterm
financial success that resulted in very
Printing: The Merrick Printing Company
because people both in and outside of the
strong financial results for the past two years.
Resource Usage
Tim Solso and Tom Linebarger
say years of planning went into
the transition to Linebarger
as the Company’s leader in
January of 2012.
Company were familiar with Linebarger
and his leadership style.
“As I have said on many occasions, I have
great confidence in Tom and his team,”
Linebarger, 49, is the first engineer to serve
as CEO at the Company, but he also has a
master’s degree in business from Stanford
University. He served as President and Chief
Operating Officer at Cummins from August
COVER Printed on FSC-certified paper manufactured
with electricity in the form of renewable energy
(wind, hydro and biogas), and includes a minimum
of 30 percent post-consumer recovered fiber.
2008 to December 2011. Prior to that, he
INTERIOR Printed on FSC-certified paper manufactured
served as the leader of the Company’s
with electricity that is made with 100 percent Certified
Power Generation Business and as the
Renewable Energy, from non-polluting wind power
Company’s Chief Financial Officer.
projects. The 100 percent post-consumer waste fiber
“Tim left the Company in a much stronger
condition than he found it,” Linebarger told
used to make this paper is process-chlorine free and
is Green-Seal certified.
employees. “That’s something I’d like to
be able to do as well as he did.”
Solso, who championed Corporate
Responsibility during his time as the leader
of the Company, wants to stay active in that
area through a family foundation. Otherwise,
he’s trying to keep his options open as he
Printed on
recycled paper
approaches the next chapter in his life.
104 SUSTAINABILITY REPORT 2011–2012