Business Career
Mark Pigott's successful career with Paccar began in 1978. He is the fourth generation of the Pigott family to lead the company. Paccar, a Fortune 150 company, celebrated its 106th year in 2011 and has earned 73 years of consecutive profitability. Paccar (revenues $16.4 billion) (Nasdaq:PCAR) is publicly traded and is a global technology leader in the capital goods and financial services industries. Paccar's major brands are DAF Trucks, Kenworth and Peterbilt trucks, Paccar Financial, PacLease, Paccar Parts and Paccar Information Technology.
Under Mark Pigott's leadership Paccar has delivered a 290 percent total return to shareholders over the last decade (through 12/31/11). Pigott's focus on quality and innovation has resulted in Paccar receiving many J.D. Power and Associates Awards for highest customer satisfaction as well as International Truck of the Year Awards.
Paccar has earned the distinction of being one of the nation's leading companies by Forbes, Barron's (newspaper), BusinessWeek, Industryweek, and InformationWeek Magazine.
Pigott has been Chairman of the DAF Supervisory Board since 1996, serves on the Business Council (Washington, D.C.) and on the Washington State Business Roundtable Executive Committee (retired).
Harvard Business Review (January 2010) named Pigott as one of the top 50 global CEO's based on long term shareholder returns.
Read more about this topic: Mark Pigott
Famous quotes containing the words business and/or career:
“It is bad to be poor. I shall go to the wall for bread and meat, if I neglect my business this year as well as last.”
—Abraham Lincoln (1809–1865)
“He was at a starting point which makes many a man’s career a fine subject for betting, if there were any gentlemen given to that amusement who could appreciate the complicated probabilities of an arduous purpose, with all the possible thwartings and furtherings of circumstance, all the niceties of inward balance, by which a man swings and makes his point or else is carried headlong.”
—George Eliot [Mary Ann (or Marian)