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PACCAR Inc (PCAR)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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106.81-0.42 (-0.39%)
As of 11:21AM EDT. Market open.

PACCAR Inc

777 - 106th Avenue N.E.
Bellevue, WA 98004
United States
425 468 7400
https://www.paccar.com

Sector(s)Industrials
IndustryFarm & Heavy Construction Machinery
Full-time employees32,400

Key executives

NameTitlePayExercisedYear born
Mr. R. Preston FeightCEO & Director5.05M5.72M1968
Mr. Harrie C. A. M. SchippersPresident & CFO2.85M2.68M1963
Mr. Darrin C. SiverExecutive Vice President1.63MN/A1967
Mr. C. Michael DozierExecutive Vice President1.64M1.26M1966
Mr. Mark C. PigottExecutive Chairman532.48k3.06M1954
Mr. John N. RichSVP & CTON/AN/A1970
Ms. A. Lily LeyVP & Chief Information OfficerN/AN/A1966
Mr. Ken HastingsSenior Director of Investor RelationsN/AN/AN/A
Mr. Michael K. WaltonVP & General CounselN/AN/A1965
Paulo Henrique BolgarVP & Chief Human Resources OfficerN/AN/A1968
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name, as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition, this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.

Corporate governance

PACCAR Inc’s ISS governance QualityScore as of 1 June 2024 is 5. The pillar scores are Audit: 1; Board: 9; Shareholder rights: 5; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.