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CEO Salary
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Cummins's CEO Salary

    Cummins's CEO salary and other executives compensation in 2024 was as follows:

  • J. W. Rumsey, Chair and Chief Executive Officer at Cummins, received a total compensation of $21.86 M in 2024.
  • M. A. Smith, Vice President and Chief Financial Officer at Cummins, received a total compensation of $9.04 M in 2024.
  • S. Padmanabhan Executive Vice President and President – Operations at Cummins, received a total compensation of $8.36 M in 2024.
  • A.R. Davis, Vice President and President – Accelera and Components at Cummins, received a total compensation of $7.97 M in 2024.
  • J. M. Bush Vice President and President – Power Systems at Cummins, received a total compensation of $6.24 M in 2024.
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J. W. Rumsey, Chair and Chief Executive Officer, at Cummins, received $1.50 M in base salary, $10.61 M in stock award, and $93.32 K in other compensation, making $21.86 M in total compensation in 2024.

The total compensation was +70.15% up from the previous year, 2023.

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M. A. Smith, Vice President and Chief Financial Officer, at Cummins, received $862.75 K in base salary, $4.16 M in stock award, and $34.06 K in other compensation, making $9.04 M in total compensation in 2024.

The total compensation was +36.79% up from the previous year, 2023.

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S. Padmanabhan Executive Vice President and President – Operations, at Cummins, received $820.00 K in base salary, $4.83 M in stock award, and $53.39 K in other compensation, making $8.36 M in total compensation in 2024.

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A.R. Davis, Vice President and President – Accelera and Components, at Cummins, received $725.00 K in base salary, $4.21 M in stock award, and $50.74 K in other compensation, making $7.97 M in total compensation in 2024.

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J. M. Bush Vice President and President – Power Systems, at Cummins, received $650.00 K in base salary, $3.41 M in stock award, and $28.98 K in other compensation, making $6.24 M in total compensation in 2024.

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Executive Compensation Summary Table

2024 2023 2022
J. W. Rumsey, Chair and Chief Executive Officer $21.86 M $12.85 M $7.13 M
Base Salary $1.50 M $1.50 M $1.06 M
Incentive Plan Compensation $7.84 M $3.27 M $1.53 M
All Other Compensation $93.32 K $58.16 K $59.10 K
Stock Award $10.61 M $6.19 M $4.48 M
M. A. Smith, Vice President and Chief Financial Officer $9.04 M $6.61 M $3.27 M
Base Salary $862.75 K $805.00 K $735.00 K
Incentive Plan Compensation $2.48 M $2.27 M $1.25 M
All Other Compensation $34.06 K $32.10 K $29.81 K
Stock Award $4.16 M $1.95 M $1.26 M
S. Padmanabhan Executive Vice President and President – Operations $8.36 M - -
Base Salary $820.00 K - -
Incentive Plan Compensation $2.07 M - -
All Other Compensation $53.39 K - -
Stock Award $4.83 M - -
A.R. Davis, Vice President and President – Accelera and Components $7.97 M - -
Base Salary $725.00 K - -
Incentive Plan Compensation $1.69 M - -
All Other Compensation $50.74 K - -
Stock Award $4.21 M - -
J. M. Bush Vice President and President – Power Systems $6.24 M - -
Base Salary $650.00 K - -
Incentive Plan Compensation $1.44 M - -
All Other Compensation $28.98 K - -
Stock Award $3.41 M - -
L.L. Satterthwaite, Senior Vice President - $4.76 M $3.41 M
Base Salary - $740.00 K $740.00 K
Incentive Plan Compensation - $2.23 M $1.34 M
All Other Compensation - $31.28 K $41.67 K
Stock Award - $1.50 M $1.28 M
N. T. Linebarger, Executive Chairman - $4.24 M $11.52 M
Base Salary - $670.83 K $1.40 M
Incentive Plan Compensation - $3.49 M $4.85 M
All Other Compensation - $53.05 K $223.11 K
Stock Award - - $5.02 M
S. R. Barner Vice President and Chief Administrative Officer - $4.10 M $3.35 M
Base Salary - $715.00 K $695.00 K
Incentive Plan Compensation - $1.89 M $1.04 M
All Other Compensation - $51.01 K $32.99 K
Stock Award - $1.04 M $837.78 K
M. Boakye, Chief Human Resources Officer - $3.78 M -
Base Salary - $625.00 K -
Incentive Plan Compensation - $1.60 M -
All Other Compensation - $74.86 K -
Stock Award - $975.85 K -
J. W. Rumsey, President and Chief Executive Officer - - $7.13 M
Base Salary - - $1.06 M
Incentive Plan Compensation - - $1.53 M
All Other Compensation - - $59.10 K
Stock Award - - $4.48 M
L. L. Satterthwaite, Senior Vice President - - $3.41 M
Base Salary - - $740.00 K
Incentive Plan Compensation - - $1.34 M
All Other Compensation - - $41.67 K
Stock Award - - $1.28 M
S. R. Barner Vice President – Chief Administration Officer and Corporate Secretary - - $3.35 M
Base Salary - - $695.00 K
Incentive Plan Compensation - - $1.04 M
All Other Compensation - - $32.99 K
Stock Award - - $837.78 K
T. A. Embree Vice President and President – Distribution - - $2.86 M
Base Salary - - $670.00 K
Incentive Plan Compensation - - $882.90 K
All Other Compensation - - $26.85 K
Stock Award - - $1.28 M