In 2023, N. Thomas Linebarger earned $4.16M in total compensation at Cummins, primarily from $670.83K salary. Most recently acquired 4,331 shares in May 2023. Currently holds stock worth $66.24M. Has donated $157.31M in stock to charitable causes. Led Cummins as CEO for 11 years.
Compensation History
Annual executive compensation data for N. Thomas Linebarger, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$4.16M
Salary
$670.83K
Bonus
$0.00
Other
$3.49M
Salary
$670.83KBoard Justification
The compensation philosophy emphasizes alignment with company performance and shareholder interests, focusing on retention and competitive market positioning.
Bonus
$0.00Board Justification
The annual bonus for 2023 was reduced to $0 due to regulatory issues regarding emissions certification and compliance processes.
Other Compensation
$3.49MBoard Justification
This includes performance cash for the 2021-2023 cycle, reflecting pro-rated awards due to retirement.
Restricted Stock
Board Justification
No long-term incentive was provided to Mr. Linebarger in 2023 given his planned retirement later in the year.
Performance Metrics
The performance metrics for determining compensation included overall company performance, with specific focus on regulatory compliance and operational performance.
N. Thomas Linebarger
Ex-CEO of Cummins
Education
B.S. from Stanford University; B.A. from Claremont McKenna College; M.S. and M.B.A. from Stanford University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
March 3, 1963 - 62 years ago
CEO of Cummins for
11 years 6 months (Jan 2012 - Jul 2023)
Previous Experience
President and Chief Operating Officer of Cummins Inc.
Holdings
Track N. Thomas Linebarger's stock holdings and portfolio value over time.
Total Stock Sold
$44.21M
$44.21M
235,916 CMI shares
What if they kept their stock?
If N. Thomas Linebarger didn't sell their stock, today they would have:
Extra CMI235,916 shares worth $120.49M.
This is 172.57% and $76.29M more than what they got when they sold the stock.
Charitable Transactions
308,010 shares
CMI
Recent Charitable Transactions
20,051 shares
CMI
Nov 22, 2022
Charity
24,935 shares
CMI
Nov 11, 2022
Charity
9,637 shares
CMI
Dec 31, 2021
Charity
56,107 shares
CMI
Dec 31, 2020
Charity
12,950 shares
CMI
Dec 31, 2019
Charity
61,871 shares
CMI
Dec 17, 2018
Charity
Insider Trading
N. Thomas Linebarger's recent stock transactions, purchases, and sales filed with the SEC.
4,331 shares
HOG
May 18, 2023
Received
18,396 shares
CMI
Mar 1, 2023
Received
20,051 shares
CMI
Nov 22, 2022
Charity
$13.71M
CMI at $250.21/share
Nov 14, 2022
Sale
$1.32M
CMI at $250.03/share
Nov 11, 2022
Sale
24,935 shares
CMI
Nov 11, 2022
Charity
24,935 shares
CMI
Nov 11, 2022
Charity
$7.78M
CMI at $207.52/share
Mar 31, 2022
Sale
19,503 shares
CMI
Mar 1, 2022
Received
9,637 shares
CMI
Dec 31, 2021
Charity
Rivals
Compare N. Thomas Linebarger with competitor CEOs and industry peers.
Mary T. Barra
CEO of General Motors
2023 Compensation
Stock
$18.22M
Salary
$2.10M
Bonus
$4.20M
Other
$567.98K
Total Holdings
$4.10M
R. Preston Feight
CEO of Paccar
2023 Compensation
Stock
$0.00
Salary
$1.54M
Bonus
$3.49M
Other
$21.36K
Total Holdings
$4.03M
Elon Musk
Founder and CEO of Tesla, Inc.
2024 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$171.47B
David S. Graziosi
CEO of Allison Transmission Holdings
2023 Compensation
Stock
$0.00
Salary
$1.04M
Bonus
$0.00
Other
$107.88K
Total Holdings
$228.12K
John C. Pfeifer
CEO of Oshkosh
2023 Compensation
Stock
$3.37M
Salary
$1.09M
Bonus
$0.00
Other
$123.82K
Total Holdings
$451.28K
Nicholas Fanandakis
CEO of ITT
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$158.98K
Total Holdings
$3.19M