Cummins Leads 2014 All-America Executive Team
Cummins, the world’s largest engine maker (as measured by annual sales), captures first place on the 2014 All-America Executive Team, Institutional Investor’s annual ranking of U.S. corporate leaders as seen through the eyes of investment professionals.
II asked portfolio managers and sell-side analysts to name the best CEOs, CFOs and investor relations professionals at the U.S. companies they cover, and to evaluate these companies on their performance in each of eight IR attributes, including providing access to senior management, quality and depth of answers to inquiries, transparency of financial reporting and disclosure, and so on.
Only two companies capture first place in every category in their respective sectors: Columbus, Indiana–based Cummins and Honeywell International, a commercial and consumer products manufacturer headquartered in Morristown, New Jersey.
Cummins earns a higher share of its sector vote, the metric II uses to break ties when companies achieve the same overall score.
Seattle’s Starbucks Corp. claims third place, followed by Enterprise Products Partners, a Houston-based operator of natural-gas and oil pipelines, at No. 4. Rounding out the top five is Cognizant Technology Solutions Corp., a business consulting and outsourcing-services provider headquartered in Teaneck, New Jersey.
Survey results reflect the opinions of more than 1,400 buy-side analysts and money managers at 625 firms that collectively manage an estimated $7.2 trillion in U.S. equities and roughly 1,200 analysts at brokerages and independent investment firms. Buy- and sell-side responses were tabulated separately to produce two distinct rankings for each of the four categories (Best CEO, Best CFO, Best IR Professional and Best IR Company).
Click on the Honored Companies link in the navigation table at right to view the full list of companies ranked by each entity’s total weighted score (each first-place position is worth three points; second place, two; and third place, one). Names that are highlighted in orange have warranted recognition as a Most Honored Company, a designation awarded to those companies that achieve a weighted score of at least six and earn a minimum of three ranked positions across at least two of the four categories.