Joe Loughrey was with Cummins Inc. for over 35 years until he retired on April 1, 2009. Cummins is the world’s largest independent diesel engine manufacturer. He was Vice Chairman of Cummins Inc. since August 1, 2008 and also served as President and Chief Operating Officer, from May 2005 through July 2008, and was a member of its Board of Directors since 2005 and the Board of The Cummins Foundation since 1992.
He was named President of the Engine Business in 1999, a position he held until May, 2005. Loughrey also served as Chief Technical Officer and as Group President—Industrial Engine Business from 1996 to 1999.
During Loughrey’s career, Cummins—based in Columbus, Indiana—grew into a Fortune 200 company that serves customers in more than 160 countries through a network of 5000 distributor and dealer locations. Cummins’ 40,000 employees generated more than $14.3 billion in sales in 2008. Almost 60% of those sales were made outside the United States.
Along with his responsibilities at Cummins, Loughrey, a 1971 graduate of the University of Notre Dame, is recognized as a leading proponent of advanced manufacturing, both in Indiana and nationally. He served on the Board of Trustees (Chairman 2005-2007) of The Manufacturing Institute, the educational arm of the National Association of Manufacturers and was Chairman (2007-2012) of Conexus Indiana, an organization dedicated to promoting advanced manufacturing and logistics in Indiana. He has advocated for far better alignment between education and the knowledge and skill requirements of the future.
He is Chairman of Hillenbrand Inc. and of Oxfam America. He also serves on the Boards AB SKF, The Vanguard Group, Hyster-Yale Materials Handling Inc., Lumina Foundation for Education, the V Foundation for Cancer Research and is a member (Chairman—2009-2012) of the Advisory Council to the College of Arts & Letters at the University of Notre Dame and a member of the Kellogg Institute for International Studies Advisory Board. He was appointed by the Governor to the Indiana Career Council.
His honors include being named to the Irish America Business 100; Distinguished Alumni Honoree for Massachusetts Boys’ State 60th Anniversary; AIESEC Lifetime Achievement Award; Volunteer of the Year—Association of Retarded Citizens; and in 2007 he was given the Achievement Award for Business by the Ireland Chamber of Commerce in the U.S. and the Dick Johnson Leadership Award by the March of Dimes. He was named Indiana Global Business Person of 2007 and appointed ‘Sagamore of the Wabash’ by Governor Mitch Daniels in 2008. He also received the Ellis Island Medal of Honor in 2008. In 2009 he was given the John F. Kennedy National Award by the St. Patrick’s Committee of Holyoke, Massachusetts, the William R. Laws Human Rights Award by the Human Rights Commission of Columbus, Indiana, and was elected to the Indiana Academy.