Karen Battin, Controller for Cummins’ Power Generation Business since 2005, has been promoted to Vice President and Controller - Engine Business, effective April 1. Battin replaces Pat Ward, who recently was named Cummins’ Chief Financial Officer.
Battin joined Cummins (NYSE: CMI) in 1998 as leader of the Corporate Accounting Policy function and in 2000 became Director - Corporate Accounting and Consolidation. In 2001, she moved into the role of Executive Director - Investor Relations, representing Cummins to the investment community during a difficult and challenging time for the Company.
In 2004, she assumed additional responsibility for Corporate Business Analysis and Planning and in 2005 she was named Controller of the Power Generation Business.
“Karen’s financial expertise, along with the overall Cummins’ business and market knowledge she gained in her investor relations and Power Generation roles, provides her with the broad background needed for this position,” said Jim Kelly, President – Engine Business.
“As our business continues to grow both domestically and in markets around the world, having excellent financial processes in place is critical to our success. Karen has the skills to build on the work already done in these areas, and I am confident she will help further refine our global financial capabilities."
Battin is a Certified Public Accountant and a graduate of Western Kentucky University where she majored in Accounting and Business Administration. Prior to joining Cummins, she had more than 15 years experience in various accounting and finance roles.
About Cummins
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in more than 160 countries through its network of 550 Company-owned and independent distributor facilities and more than 5,000 dealer locations. Cummins reported net income of $739 million on sales of $13.05 billion in 2007. Press releases can be found on the Web at www.cummins.com.
Forward-looking disclosure statement
Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s expectations, hopes, beliefs and intentions on strategies regarding the future. It is important to note that the company’s actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in Cummins Securities and Exchange Commission filings.
Contacts:
Mark Land, Director of Public Relations, 317-610-2456
mark.d.land@cummins.com
