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Cummins Announces Retirement of Sharon Barner, Chief Administrative Officer

1. Sharon Barner, CMI's Chief Administrative Officer, is retiring effective May 31. 2. Her departure highlights significant leadership in legal and regulatory affairs at CMI.

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FAQ

Why Neutral?

Barner's retirement may cause short-term uncertainty but not immediate negative impact, similar to past leadership changes not affecting CMI's stability.

How important is it?

Leadership changes can influence investor confidence and company direction, but the overall impact appears moderate.

Why Short Term?

The immediate focus will be on leadership transition in the upcoming months, but long-term impact remains uncertain.

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COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Cummins Inc. (NYSE: CMI) announced today that Chief Administrative Officer Sharon Barner will be retiring, effective May 31, following an extraordinary career and 13 years of committed service to Cummins. “Sharon is not only a renowned legal expert and business leader in intellectual property, risk management and environmental and regulatory affairs, she is also a model of courage, integrity and strong leadership,” said Jennifer Rumsey, Chair and CEO, Cummins In.

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