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People: Cummins Inc (CMI.N)

CMI.N on New York Stock Exchange

21 Jul 2017
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Chang Diaz, Franklin 

Dr. Franklin R. Chang Diaz is an Independent Director of Cummins Inc. Dr. Chang Diaz is Chairman and Chief Executive Officer of Ad Astra Rocket Company, a U.S. spaceflight engineering company based in Houston, Texas and dedicated to the development of advanced in-space electric propulsion technology. Ad Astra also develops space-derived Earth applications in clean renewable energy and electric transportation. Dr. Chang Diaz founded Ad Astra in 2005 following his retirement from NASA after a 25-year career during which he flew seven space missions and logged over 1,600 hours in space. In 1994, Dr. Chang Diaz founded and directed NASA's Advanced Space Propulsion Laboratory at the Johnson Space Center where he managed a multicenter research team developing new plasma rocket technology. Dr. Chang Diaz is a dual citizen of Costa Rica and the United States. As part of his involvement in Costa Rica's development, Dr. Chang Diaz currently leads the implementation of the "Strategy for the XXI Century," a plan to transform Costa Rica into a fully developed nation by the year 2050. Dr. Chang Diaz received the Liberty Medal in 1986 from President Ronald Reagan and is a four-time recipient of NASA's Distinguished Service Medal, the agency's highest honor. Dr. Chang Diaz also serves as an Adjunct Professor of Physics at Rice University and the University of Houston.

Basic Compensation

Total Annual Compensation, USD 100,000
Restricted Stock Awards, USD 149,214
Long-Term Incentive Plans, USD --
All Other, USD --
Fiscal Year Total, USD 249,214

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --