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Head Of Cummins Engine Business Stepping Down

Engine maker said Jim Kelly, the head of its engine business, is leaving his role in March and a successor will be named β€˜in the very near future.’

COLUMBUS, Ind. (AP) -- Engine maker Cummins Inc. said the head of its engine business is leaving his role in March to pursue other projects.

A successor to Jim Kelly, who joined the company in 1976 and was named to his current role in 2005, will be named "in the very near future," Cummins said.

Kelly has been a Cummins vice president since 1993 and has served as plant manager at two manufacturing operations during his time with the company.

Shares of Cummins fell 45 cents to close at $46.11.

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