CUMMINS INC. CEO TALKS INNOVATION AND GLOBALIZATION AT SPELMAN
ATLANTA (Nov. 1, 2011) -- On Thursday, Nov. 3 at 11 a.m., watch live at www.spelman.edu as Tim Solso, chairman and CEO Cummins Inc., joins Spelman College President Beverly Daniel Tatum, Ph.D., for a discussion on “Globalization and the New Economy: A CEO’s Perspective.”
The conversation between Solso and Dr. Tatum will focus on how to achieve success in a global economy. This event is part of President Tatum’s conversation series "Innovation and the New Economy: Where do Black women fit?" which brings thought leaders to the College to discuss the vital role of innovation in today's challenging economy.
Solso has been with Cummins for more than 40 years. He joined the company, after graduating from the Harvard Business School, as the assistant to the vice president of Personnel. He was quickly given the opportunity to grow into larger roles, including international assignments in Europe and Brazil, which gave him an appreciation for the global potential of Cummins that is being realized today.
Of his many accomplishments over the past four decades, Solso notes that he is most proud of the Company's financial success after it emerged from one of its lowest periods from 2001 to 2003. The Company rebounded from a deep recession and weakness in key markets by restructuring its business and making a significant commitment to quality and cost control through the introduction of Six Sigma.
As a result, the Company enjoyed record sales and profits from 2004-2008 and is well on its way to even stronger performance today as the global economy recovers from the recession of 2008 and 2009.
Founded in 1881, Spelman College is a prestigious, highly selective, liberal arts college that prepares women to change the world. Located in Atlanta, Ga., this historically black college boasts an 83 percent graduation rate, and outstanding alumnae such as Children's Defense Fund Founder Marian Wright Edelman; former U.S. Foreign Service Director General Ruth Davis; authors Tina McElroy Ansa and Pearl Cleage; and actress LaTanya Richardson. More than 85 percent of the full-time faculty members have Ph.D.s or other terminal degrees, and the average faculty to student ratio is 11:1. Approximately 2,100 students attend Spelman. Spelman College has been ranked as the number one HBCU for five consecutive years by U.S. News & World Report; number 62 among Best Liberal Arts Colleges by U.S. News & World Report; and 12th for Best Career Services by The Princeton Review. For more information, visit: www.spelman.edu.