Cummins Inc. announced that Stephen B. Dobbs, senior group president at Fluor Corp., has been appointed to the company’s board of directors. Dobbs, 54, becomes the 10th Cummins board member and will serve on the board’s Safety, Environment and Technology committee, as well as the Audit, Finance and Governance and Nominating committees. His term begins immediately, and he will stand for election at the company’s next annual meeting in May 2011. All Cummins directors are elected annually.
Dobbs joined Fluor in 1980 and has broad global experience managing projects in fields related to infrastructure development, power generation and petrochemical development. In his current role, he oversees Fluor’s industrial/infrastructure and global services business groups. Dobbs serves as a director or officer of several of Fluor’s subsidiaries, as well as on the company’s executive development forum and its compliance and ethics committee.
He also is a recognized industry expert on project finance and previously served as an adviser to the Ministry of Finance of the Netherlands on issues related to public-private partnerships and private finance initiatives. He serves on the World Economic Forum’s Global Agenda Council on Geopolitical Risk as well as the Governor’s Business Council for the state of Texas.
“Steve is an accomplished leader who has significant experience in a number of markets where Cummins competes,” says Tim Solso, chairman and chief executive officer. “He also brings valuable international experience to the board, which will serve Cummins well as the company continues to expand its presence around the world.”