Cummins Give Arthur Anderson The Boot

Cummins has dropped Arthur Anderson, the company at the heart of the Enron scandal, as its auditor.

Speaking at the annual shareholders meeting Tuesday, Cummins Chairman and CEO Tim Solso announced the company’s board of directors has voted to rescind the appointment of Andersen and, instead, has appointed PriceWaterhouseCoopers LLP as its external auditor. This change will be effective immediately, with PriceWaterhouseCoopers assuming all external auditing responsibilities.