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With nearly 40,000 employees worldwide, Cummins reported 2007
revenues of $13 billion. Through customer-focused practices, use of
Six Sigma, strong support of education and skill-building, and a
focus on international growth, Loughrey played a key role in
Cummins’ turnaround and helped lead the company, which lost $103
million in 2001, to four straight years of record sales and profits
from 2004-2007.
During Loughrey’s career, Cummins - based in
Columbus, Indiana - has grown into a Fortune 250 company with
operations around the world and customers in more than 160
countries. Cummins also has a strong presence in our region. With
1,300 employees, the Jamestown Engine Plant is one of Cummins’
largest manufacturing facilities and the largest employer in
Chautauqua County. Cummins also has worldwide distribution including
Cummins Northeast and Cummins Eastern Canada.
Loughrey has been President and Chief Operating
Officer of Cummins Inc. since May 2005.
Loughrey, who also serves on the Company’s
Board of Directors and on the Board of the Cummins Foundation,
joined Cummins in 1974 and spent his first 10 years in the Human
Resources and International organizations. From there, he moved to
the role of Managing Director of the turbocharger maker Holset
Engineering Company headquartered in England now known as Cummins
Turbo Technologies.
He was named a Vice President in 1986 with a
focus on employee relations, was transferred lead to the Heavy Duty
Engine business in 1987 and later was Group Vice President for
Worldwide Operations. He served as Chief Technical Officer and Group
President - Industrial Engine Business from 1996 to 1999. He was
named President of the Engine Business in 1999, a position he held
until assuming his current role.
Throughout his career at Cummins, Loughrey has
championed a disciplined culture in which employees work together to
create common tools and processes to solve complex business
challenges.
He was the driving force behind the development
of the Cummins Operating System, a set of 10 practices designed to
drive consistency and a strong customer focus throughout the
company, and has played a key leadership role in Cummins’ success
with Six Sigma in the past several years.
Loughrey is a native of Holyoke, Mass., where
he was the oldest of eight children. He is a 1971 graduate of the
University of Notre Dame, earning a bachelor’s degree in economics
and African studies, and serves as Vice Chairman of the Advisory
Council for the College of Arts and Letters.
He began his work career as President of AIESEC
– U. S. Inc., an organization dedicated to developing international
understanding and cooperation through locating management-oriented
internship opportunities for students in over 60 countries. In fact,
Loughrey first heard of Cummins while President of AIESEC – U.S.,
through the organization’s work with the Cummins Foundation.
Along with his responsibilities at Cummins,
Loughrey is recognized as a leading proponent of advanced
manufacturing, both in Indiana and nationally. He serves on The
Board of Trustees (Chairman 2005-2007) of The Manufacturing
Institute, the educational arm of the National Association of
Manufacturers on whose Board he also sits, as well as Chairman of
Conexus Indiana, an organization dedicated to promoting advanced
manufacturing and logistics in Indiana.
He also serves on the Board of Sauer-Danfoss
Inc, and the Community Education Coalition in Columbus, Indiana; is
Vice Chairman of the Advisory Council for the College of Arts and
Letters at Notre Dame and is a Senior Advisory Board Member of the
Tauber Manufacturing Institute at the University of Michigan.
Loughrey and his wife, Debbie, reside in
Columbus. Their son, Blair, recently graduated from the Indiana
University Medical School in Indianapolis.
Joe Loughrey’s Honors include:
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Irish America Business 100;
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Distinguished Alumni Honoree for
Massachusetts Boys’ State 60th Anniversary;
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AIESEC Lifetime Achievement Award;
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Volunteer of the Year – Association of
Retarded Citizens;
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2007 Achievement Award for Business by the
Ireland Chamber of Commerce in the U.S.;
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2007 Dick Johnson Leadership Award by the
March of Dimes;
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Global Business Person of 2007 by the World
Trade Club of Indiana and named a
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“Sagamore of the Wabash” by Governor Mitch
Daniels in 2008
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