Marvin  Boakye net worth and biography

Marvin Boakye Biography and Net Worth

VP of Cummins

Marvin Boakye is the Chief Human Resources Officer at Cummins Inc., a global power technology leader based in Columbus, Indiana (USA). Since 2022, he has led the company’s human resources practices for 60,000 employees across 190 countries and territories.

Prior to joining Cummins, Marvin served as Chief People and Diversity Officer at Papa John’s International, leading the team of corporate employees and franchise team members across the world. In both 2021 and 2022, Papa Johns was honored by Forbes Magazine on its “Best Employers for Diversity” list. Prior to his transformative work at Papa John’s International, Marvin served as Chief HR Officer and in other senior HR leadership roles for companies including MTS Allstream, Andeavor, Goodyear Tire & Rubber Company, The Pulte Group and The Home Depot.

A global leader specializing in organizational and cultural transformations, Marvin has successfully helped businesses transition from turnaround to growth. Active in the community, Marvin also sits on the Board of Advisors for the University of Louisville's School of Business and is a National Trustee for the Boys & Girls Clubs of America.

Marvin earned a Bachelor of Arts in Psychology/Conflict Resolution Studies from the University of Winnipeg and a Master of Arts in Leadership and Training from Royal Roads University.

What is Marvin Boakye's net worth?

The estimated net worth of Marvin Boakye is at least $634,708.85 as of May 20th, 2024. Mr. Boakye owns 1,745 shares of Cummins stock worth more than $634,709 as of November 14th. This net worth approximation does not reflect any other assets that Mr. Boakye may own. Additionally, Mr. Boakye receives a salary of $2,800,000.00 as VP at Cummins. Learn More about Marvin Boakye's net worth.

How old is Marvin Boakye?

Mr. Boakye is currently 50 years old. There are 5 older executives and no younger executives at Cummins. The oldest executive at Cummins is Ms. Sharon R. Barner, VP & Chief Administrative Officer, who is 66 years old. Learn More on Marvin Boakye's age.

What is Marvin Boakye's salary?

As the VP of Cummins Inc., Mr. Boakye earns $2,800,000.00 per year. There are 2 executives that earn more than Mr. Boakye. The highest earning executive at Cummins is Ms. Jennifer W. Rumsey, CEO & Chairman of the Board, who commands a salary of $4,820,000.00 per year. Learn More on Marvin Boakye's salary.

How do I contact Marvin Boakye?

The corporate mailing address for Mr. Boakye and other Cummins executives is 500 JACKSON STREET BOX 3005, COLUMBUS IN, 47202. Cummins can also be reached via phone at (812) 377-5000 and via email at [email protected]. Learn More on Marvin Boakye's contact information.

Has Marvin Boakye been buying or selling shares of Cummins?

Marvin Boakye has not been actively trading shares of Cummins in the last ninety days. Most recently, on Monday, May 20th, Marvin Boakye bought 1,745 shares of Cummins stock. The stock was acquired at an average cost of $286.04 per share, with a total value of $499,139.80. Following the completion of the transaction, the vice president now directly owns 1,745 shares of the company's stock, valued at $499,139.80. Learn More on Marvin Boakye's trading history.

Who are Cummins' active insiders?

Cummins' insider roster includes Sharon Barner (VP), Marvin Boakye (VP), John Brockhaus (VP), Franklin Changdiaz (Director), Christopher Clulow (VP), Jill Cook (Insider), Bruno Di Leo (Director), Tracy Embree (Insider), Thaddeus Ewald (VP), Walter Fier (VP), Daniel Fisher (Director), Melina Kennedy (VP), Norman Linebarger (CEO), Georgia Nelson (Director), Srikanth Padmanabhan (Insider), Jennifer Rumsey (COO), Tony Satterthwaite (Vice Chairman), Mark Smith (CFO), and Jeffrey Wiltrout (VP). Learn More on Cummins' active insiders.

Are insiders buying or selling shares of Cummins?

During the last twelve months, Cummins insiders bought shares 3 times. They purchased a total of 2,589 shares worth more than $729,353.16. During the last twelve months, insiders at the sold shares 10 times. They sold a total of 86,364 shares worth more than $24,375,735.90. The most recent insider tranaction occured on November, 11th when VP Sharon R Barner sold 2,001 shares worth more than $717,218.43. Insiders at Cummins own 0.6% of the company. Learn More about insider trades at Cummins.

Information on this page was last updated on 11/11/2024.

Marvin Boakye Insider Trading History at Cummins

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/20/2024Buy1,745$286.04$499,139.801,745View SEC Filing Icon  
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Marvin Boakye Buying and Selling Activity at Cummins

This chart shows Marvin Boakye's buying and selling at Cummins by year and by quarter.

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Cummins Company Overview

Cummins logo
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines. It provides power generation systems, horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, and electric power generation systems, and batteries. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
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Today's Range

Now: $363.81
Low: $361.69
High: $367.00

50 Day Range

MA: $326.20
Low: $293.36
High: $366.34

2 Week Range

Now: $363.81
Low: $220.02
High: $370.21

Volume

625,674 shs

Average Volume

1,485,381 shs

Market Capitalization

$49.91 billion

P/E Ratio

24.03

Dividend Yield

2.05%

Beta

0.97