Satterthwaite announces retirement from Cummins after 36-year career

Cummins new Vice Chairman Tony Satterthwaite, talks with guests at the company’s global distribution business headquarters in Indianapolis, Thursday, Jan. 5, 2017. (Doug McSchooler / For The Columbus Republic)

COLUMBUS, Ind. — Cummins Inc. (NYSE: CMI) announced today that Senior Vice President Tony Satterthwaite will retire, effective September 2024, after 36 years in leadership positions with the company.

“Tony’s more-than three decades of visionary leadership with Cummins have produced a lasting impact on our company and our people, helping lay the strong foundation that supports our future growth and success,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “Tony has been a leading force in pushing Cummins to be an innovator in our industry, grow and expand our businesses, and evolve the way we work to better serve our customers.”

“Throughout his tenure, Tony has led the company through periods of significant growth and helped us navigate the challenges of the COVID-19 pandemic with exceptional leadership,” Rumsey added. “In addition, Tony realized early on that investing in our people and allocating the resources to build strong, capable leaders would give Cummins a competitive advantage—and it has. Tony has left an enduring mark on our company and our culture, and we wish him the very best in his retirement.”

Satterthwaite joined the company in 1988, holding several critical sales, regional and business leadership roles throughout his tenure. Early in his career, he led sales and product planning in several areas of our off-highway engine business before moving to Singapore to lead our Southeast Asia region.

From there, Satterthwaite spent many years in our Power Generation Business, ultimately serving as President. In this role, he oversaw a period of tremendous growth and profitability for the business, leading several successful product launches, including bringing the 95-liter Hedgehog into the power generation market, while also expanding the Power Generation business internationally and entering the data center market for the first time.

Following his success in the Power Generation business, Satterthwaite went on to hold several pivotal roles, including President of the Distribution Businesses, President and Chief Operating Officer, Vice Chairman, and most recently, Senior Vice President. Satterthwaite serves on the Board of Directors of IDEX Corporation (NYSE: IEX) and has served as a member of Cornell Engineering Advisory Council and Board Member for the National Association of Manufacturers, among others.

Tony Satterthwaite, Cummins Distribution Business President, makes his remarks during the event. Executives of Cummins Inc., along with state and local dignitaries, officially opened the company’s global distribution business headquarters in Indianapolis, Thursday, Jan. 5, 2017. The newly constructed building will provide workspace for up to 450 Cummins employees. (Doug McSchooler / For The Columbus Republic)