The estimated Net Worth of Robert Herdman is at least $49.8 million dollars as of 7 January 2021. Mr. Herdman owns over 115,141 units of Cummins stock worth over $49,269,225 and over the last 16 years he sold CMI stock worth over $275,540. In addition, he makes $295,936 as Independent Director at Cummins.
Robert has made over 4 trades of the Cummins stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 115,141 units of CMI stock worth $33,777,764 on 7 January 2021.
The largest trade he's ever made was exercising 115,141 units of Cummins stock on 7 January 2021 worth over $33,777,764. On average, Robert trades about 5,071 units every 50 days since 2008. As of 7 January 2021 he still owns at least 167,948 units of Cummins stock.
You can see the complete history of Mr. Herdman stock trades at the bottom of the page.
Robert K. Herdman serves as Independent Director of the Company. Mr. Herdman has been Managing Director of Kalorama Partners LLC, a Washington, D.C. consulting firm specializing in providing advice regarding corporate governance, risk assessment, crisis management and related matters since 2004. He was the Chief Accountant of the SEC from October 2001 to November 2002 prior to joining Kalorama. Prior to joining the SEC, he was Ernst & Young's Vice Chairman of Professional Practice for its Assurance and Advisory Business Services (AABS) practice in the Americas and the Global Director of AABS Professional Practice for Ernst & Young International. He was the senior Ernst & Young partner responsible for the firm's relationships with the SEC, FASB and AICPA. Since 2011, he has been a member of the Board of Directors of WPX Energy, Inc. and serves on its Compensation Committee. He chaired the Audit Committee of WPX Energy, Inc. through April 2018. In April 2015, he retired from the Board of Directors of HSBC Finance Corporation and HSBC USA Inc. Mr. Herdman had served on the Audit Committees of both companies through April 2013. Mr. Herdman also retired from the Board of Directors of HSBC North America Holdings, Inc. in April 2015 and was past Chairman of both its Audit and Risk Committees.
As the Independent Director of Cummins, the total compensation of Robert Herdman at Cummins is $295,936. There are 14 executives at Cummins getting paid more, with Norman Linebarger having the highest compensation of $25,116,800.
Robert Herdman is 71, he's been the Independent Director of Cummins since 2008. There are 1 older and 36 younger executives at Cummins. The oldest executive at Cummins Inc. is Alexis Herman, 72, who is the Lead Independent Director.
Robert's mailing address filed with the SEC is Exploded Engine, 500, Jackson Street, Columbus, Bartholomew County, Indiana, 47201, United States.
Over the last 21 years, insiders at Cummins have traded over $81,834,613 worth of Cummins stock and bought 4,089 units worth $878,633 . The most active insiders traders include Thomas J Lynch, Karen H Quintos et Kimberly A Nelson. On average, Cummins executives and independent directors trade stock every 21 days with the average trade being worth of $1,592,945. The most recent stock trade was executed by Tony Satterthwaite on 23 August 2024, trading 24,250 units of CMI stock currently worth $2,645,433.
cummins inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. headquartered in columbus, indiana, (usa) cummins currently employs approximately 54,600 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 7,200 dealer locations. cummins earned $1.65 billion on sales of $19.2 billion in 2014.
Cummins executives and other stock owners filed with the SEC include: