Cummins Names Schacht Commercial Marine GM

Posted by Eric Haun
Thursday, February 20, 2014
Jim Schacht

Cummins Inc. has named Jim Schacht General Manager for the Commercial Marine Business. Working in close cooperation with the Cummins distributor network, Schacht will be responsible for all commercial marine business activities for the Engine Business Unit (EBU) globally, including business development and support. He will be located in Columbus, Indiana and will report directly to Ed Pence, Vice President of the High Horsepower Engine Business.

“The importance of the commercial marine market to Cummins has increased significantly over the past several years,” said Schacht. “We will continue to invest in our people, products and services to help our customers succeed in this increasingly demanding market segment.”

Jim Schacht joined Cummins in 2010 as the Executive Director of Cummins Business Services, responsible for Cummins’ corporate shared services organization that provides Accounting, Customer Care, HR and IT Services to Cummins operating entities worldwide. Over the last four years, Jim created a truly global services entity, increasing global support capabilities, improving internal service delivery and customer satisfaction measures, while lowering costs and improving operational efficiencies.

Prior to Cummins, Schacht held numerous executive-level leadership roles in the communications, information technology and hospitality industries. Schacht holds a BA in Philosophy from Trinity College (Hartford, Conn.) and an MBA from Harvard University.

Jim Schacht replaces Jenny Bush who will serve as the President for Cummins Mid-South, the exclusive distributor of Cummins products in Alabama, Arkansas, Louisiana, and Mississippi, and portions of Florida, Illinois, Missouri, and Tennessee. Across this geography, Mid-South serves a number of markets and is notable for its global leadership within the commercial marine segment. Bush will relocate to the distributor’s headquarters in Memphis, Tennessee.

cummins.com
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Canada Opts Out of Arctic Council Meeting

Canadian Environment Minister Leona Aglukkaq stated that a principled stand had been taken by Ottawa against Moscow's intervention in events in Ukraine, reports

Offshore Driller Noble Corp Q1 Earnings Beat Forecasts

Noble Corp., a leading offshore driller, reported first-quarter net income on Wednesday of $0.99 a share, higher than consensus forecasts, as new rigs helped lift revenues.

WireCo Acquires Netherlands’ Endenburg

Company will open new crane distribution center WireCo WorldGroup Inc., the world’s leading producer and marketer of specialty steel ropes and high synthetic ropes,

Marine Power

Maersk Line named race partner for the Volvo Ocean Race

The world’s largest container shipping company, Maersk Line, is the official shipping partner for the Volvo Ocean Race, the pre-eminent round-the-world yacht race.

New Joint Venture Targets Nuclear Industry

International maritime logistics expert Cory Logistics, part of Braemar Shipping Services plc, has formed a joint venture with universal supply chain specialist

Change of Management at Yanmar

Having reached the age of retirement, Geert Jan Mantel will resign from his position as President of Yanmar Europe B.V. as per June 30, 2014, a position he has occupied since April 1, 2002.

News

KVH Precision Sensors for Geodetics' Inertial Navigation Systems

KVH Industries, Inc.,  a leading manufacturer of high performance fiber optic-based inertial sensors and gyros has entered into a strategic partnership with Geodetics Inc.

Search resumes for missing in S. Korean ferry disaster

South Korean coastguards and navy divers resumed their search on Thursday for nearly 280 people still missing after a ferry capsized in what could be the country's

POSH may raise $311 Mln in Singapore IPO

PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier,

Marine Equipment

KVH Precision Sensors for Geodetics' Inertial Navigation Systems

KVH Industries, Inc.,  a leading manufacturer of high performance fiber optic-based inertial sensors and gyros has entered into a strategic partnership with Geodetics Inc.

WireCo Acquires Netherlands’ Endenburg

Company will open new crane distribution center WireCo WorldGroup Inc., the world’s leading producer and marketer of specialty steel ropes and high synthetic ropes,

A New Standard in Marine Communications

KVH provides and Harvey Gulf employs possibly the most sophisticated on-board SATCOM and related service package on the water. That’s no accident.     If quality service,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1806 sec (6 req/sec)