Profitelligence Profitelligence · Filing Ledger Open CMI research →

Form 8-K · Current Report · Filed 2024-05-15

Cummins Inc. 2024 Annual Meeting Voting Results

At Cummins Inc.'s 2024 annual meeting of shareholders on May 14, 2024, shareholders voted on the election of directors, executive compensation, auditor ratification, and two shareholder proposals.

Filer
Cummins Inc. CMI · NYSE
Filed
Accession
0000026172-24-000026
CIK
0000026172
Signal
Medium impactIndustrials

Details

All eleven directors were re-elected with significant support, while the ratification of PricewaterhouseCoopers LLP as auditors for 2024 also received overwhelming approval. However, shareholder proposals on having an independent board chairman and linking executive compensation to 1.5°C emissions reductions were rejected by a majority of votes.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Shareholder Rejection Say-on-Pay Approved

Market reaction

Close before filing

$295.18

Next session

-2.5%

Since filing

+114.9%

Latest close

$634.20

What happened, not what will happen — closing prices around the filing date.

About Cummins Inc.

Cummins Inc. is a global leader in the design, manufacture, and distribution of diesel and natural gas engines, as well as an array of related technologies. Founded in 1919 and headquartered in Columbus, Indiana, the company provides engines and power generation systems that serve a wide range of industries including automotive, construction, agriculture, and marine sectors. Cummins Inc.'s products encompass engines, fuel systems, turbochargers, emissions solutions, and power systems, which play a pivotal role in driving efficiency and sustainability in multiple applications. The company is at the forefront of developing innovative solutions for reducing emissions and maximizing fuel efficiency, making it an essential player amid growing environmental regulations and the global push towards sustainable energy. With a significant presence in over 190 countries through a network of distributors and dealers, Cummins Inc. holds a prominent position in the global industrial and power generation markets, demonstrating resilience through diversified offerings and adaptive technology advancements.

Exchange NYSE Industry Specialty Industrial Machinery Company website ↗

Never miss another CMI filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts