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
- Source
- Official filing on sec.gov ↗
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
Submission of Matters to a Vote of Security Holders
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.
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