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Brown Speakers Series 2009 - Colm Rafferty
Colm Rafferty '98
Colm is Director of Distribution Operations for Cummins (China) where he
has P&L responsibility for the company's 12 distribution branch offices and
dealer network in China. He has held a variety of leadership roles in
Cummins, including Head of Emerging Markets Strategic Planning, with
responsibility for China, India, and Russia, and as leader of the Strategy
& Business Development organization for Cummins in China. Colm is
passionate about issues of Corporate Responsibility and is national
co-leader of the company's Corporate Responsibility program in China,
responsible for coordinating community efforts across all 24 Cummins-owned
and JV entities in the country. He is also Chairman of the Board of Cummins
Hong Kong and is on the Board of Directors for the Cummins joint venture in
Shenzhen. Prior to Cummins, Colm worked for Alibaba.com, where he was
Director for Business Development, and for the Singapore Government's Trade
Development Board.
Colm received an MBA from the Yale School of Management in 2004, and a
Bachelor of Arts degree in East Asian Studies (with honors) from Brown
University in 1998. Colm has led the Yale School of Management alumni group
in Beijing since 2005, and is on the school’s Greater China Board of
Advisors.
Cummins (China)
Cummins Inc., is a corporation of complementary business units that design,
manufacture, distribute and service engines and related technologies,
including fuel systems, controls, air handling, filtration, emission
solutions and electrical power generation systems. Headquartered in
Columbus, Indiana, Cummins serves customers in approximately 190 countries
and territories through a network of more than 500 company-owned and
independent distributor locations and approximately 5,200 dealer locations.
Cummins reported net income of $755 million on sales of $14.3 billion in
2008.
Former Cummins Chairman, Irwin Miller, visited China in 1975 as one of the
earliest American industry leaders seeking business opportunities in China.
The first office was established in 1979. Today, Cummins is the largest
foreign investor in the China diesel engine industry, and provides a
complex and broad product-manufacturing platform, and nationwide
distribution and aftermarket support. Consolidated and unconsolidated sales
in China were $2.3B in 2008.
Our success in China is due to the Cummins inclusive and cooperative
approach, not only with our JV partners, but also with the communities in
which we operate. We are guided by the Cummins global vision, mission, and
core values. We believe that being a socially responsible company is not
only the right thing to do, but is good for business. What is good for the
world is good for Cummins and all our stakeholders.
In 2008, in recognition of our ongoing efforts in the area of Corporate
Responsibility, Cummins (China) received the prestigious Excellent
Corporate Citizenship Award, given by the China Committee of Corporate
Citizenship, a national award promoted by the China Ministry of Civil
Affairs. The company has also been ranked among the Top 100 corporate
citizens of U.S.-based CRO magazine, formerly known as Business Ethics
Magazine, one of a few companies to be named to the “Top 100” list every
year for the last nine years.
**BREAKING NEWS**
Cummins (China) has just been selected by the U.S. embassy in China as the
sole U.S. company nominee for the U.S. Secretary of State's Award for
Corporate Excellence. The next round is the global round where the company will
compete with nominees from the other U.S. embassies around the world.
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