Cummins Distribution Business President Pamela Carter named to Export-Import Bank Sub-Saharan Africa Advisory Council
COLUMBUS, Ind.--(BUSINESS WIRE)-- Pamela Carter, President of Cummins Inc.'s Distribution Business, has been appointed to the Export-Import Bank of the United States' sub-Saharan Africa Advisory Council (SAAC), the Company reported today.
Carter's appointment was approved by Fred P. Hochberg, Chairman and President of the Bank, along with the Bank's other board members. She joins nine other U.S. business leaders on the SAAC.
The Export-Import Bank provide U.S. exporting companies with information, training and financing tools they need to successfully compete for business around the world. The SAAC focuses its work on strengthening the dialogue between business and governments in sub-Saharan Africa aimed at increasing U.S. exports in the region.
"I am honored to have been asked to help promote the outstanding work being done in Africa by the Export-Import Bank of the United States," Carter said. "Africa, and in particular, the sub-Saharan region of the continent, poses significant opportunity for business growth, which has the power to improve the standard of living for millions of people."
In her role at Cummins, Carter leads the Company's worldwide distribution system that provides sales and service to Cummins' customers in more than 190 countries and territories, including in sub-Saharan Africa. Cummins has had a distributor in southern Africa for more than 50 years and Cummins Southern Africa has been a wholly owned Cummins distributor since 2000.
In addition, a number of Company-owned, joint venture or independent distributors sell and service Cummins products across other parts of Africa and Cummins produces advanced exhaust aftertreatment products in South Africa, primarily for the European truck markets.
Carter joined Cummins in 1997 as Vice President and General Counsel, and has been in her current role since December 2007. Carter also served as President of the Company's Filtration business from 2004-2007 and prior to that led the Filtration business region that included Africa.
Carter joined Cummins after a distinguished career in the legal profession and in public service. She was the first African-American woman to be elected Attorney General, serving in that role for the state of Indiana from 1993-1997.
Carter is a member of the boards of Spectra Energy Corp. and Meijer Inc., as well as the Indiana University School of Law's Board of Visitors. She earned her bachelor's degree from the University of Detroit, a master's degree in social work from the University of Michigan and her law degree from Indiana University. She also was awarded a fellowship to the Senior Executives Program of the John F. Kennedy School of Government at Harvard University.
About Cummins
Cummins Inc.,(NYSE: CMI) 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 approximately 190 countries and territories through a network of more than 500 company-owned and independent distributor locations and approximately 5,200 dealer locations. Cummins reported net income of $428 million on sales of $10.8 billion in 2009. 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.
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Source: Cummins Inc.
Released March 8, 2010