Theodore M. Solso, born on August 20, 1948, has a strong background in business and management, earning his Bachelor's degree from Indiana University. He served as CEO of Cummins Inc. from 2000 to 2011, leading the company through a transformative...

Current Market Cap

$44.64B

Number of Employees

75.5K

Total Compensation

2007 - 2011

Trending up by 0.00% last year
Showing total compensation for the last 2007 - 2011

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2011

Total Compensation

$12.00

Salary

$1.00

Board Justification

The compensation philosophy aligns with company performance and includes benchmarking against peers to ensure competitive pay and retention of key executives.

Bonus

$2.00

Board Justification

The bonus is based on the company's performance metrics and is paid out annually based on the achievement of specific financial targets.

Other

$5.00

Board Justification

Other compensation includes retirement contributions and other benefits provided to the CEO.

Restricted Stock

$4.00(3 RSU)

Board Justification

The vested stock consists of performance-based restricted stock units that were earned based on the company's performance in 2011.

Performance Metrics

The performance metrics for determining the CEO's compensation included revenue growth, operating income, and return on equity.

SEC Filing

From March 27, 2012