PACCAR Inc (0KET.L)

72.22 +0.75 (+1.05%) At close: 05:33PM BST

PACCAR Inc

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

Sector(s): 
Industry: 
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. R. Preston Feight	CEO & Director	3.69M	574.67k	1968
Mr. Harrie C. A. M. Schippers	Pres & CFO	2.21M	936.04k	1963
Mr. Darrin C. Siver	Sr. VP	1.11M	N/A	1967
Mr. C. Michael Dozier	Sr. VP	1.09M	441.9k	1966
Mr. Michael T. Barkley	Sr. VP & Controller	1.16M	475.91k	1955
Mr. Mark C. Pigott	Exec. Chairman	N/A	N/A	1954
Mr. John N. Rich	VP & CTO	N/A	N/A	1970
Ms. A. Lily Ley	VP & Chief Information Officer	N/A	N/A	1966
Mr. Ken Hastings	Sr. Director of Investor Relations	N/A	N/A	N/A
Mr. Michael K. Walton	VP & Gen. Counsel	N/A	N/A	1965

Amounts are as of 31 December 2021, 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, 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 February 2023 is 7. The pillar scores are Audit: 8; 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.