Mark Pigott

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Mark Pigott

Mark Pigott, KBE, (born February 6, 1954), is an American businessman and philanthropist. He is Executive Chairman of the Board of Directors of PACCAR since April 2014. He was Chairman and Chief Executive Officer of Paccar, Inc. from January 1997[1] to April 2014. Pigott has been highlighted as one of the nation's leading CEOs by Forbes Magazine, in their annual listing of the top ten CEOs in the country.[2]

Education[edit]

Mark Pigott was born in San Francisco and raised in Seattle. He has lived in many cities in North America, studied in Italy, and worked in the United Kingdom from 1984 to 1989. He graduated from Stanford University receiving his B.S. in Industrial Engineering (1976), an M.S. in Business (1984), and a B.A. in Humanities (1998).[3] He has received an Honorary Doctorate in Science (Sc. D.) from Trinity College, Dublin (2007),[4] an Honorary Doctorate of Laws (LL.D.) from Gonzaga University (2008), an Honorary Doctorate of Humane Letters (D.H.L.) from Lehman College, NY (2010),[5] and a D.H.L. from Seattle University, WA (2012),[6] and an Honorary Doctorate of Fine Arts from the University of Puget Sound, WA (2014).

Business career[edit]

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 200 company, celebrated its 108th year in 2013 and has earned 75 years of consecutive profitability. PACCAR (revenues $17.1 billion) (Nasdaq:PCAR)[7] 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 as Chairman and CEO, Paccar has delivered a 1,700 percent total return to shareholders. 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, served on the Business Council (Washington, D.C.) (retired), 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.

Environmental leadership[edit]

PACCAR is an environmental leader with its energy-efficient vehicles and manufacturing facilities. PACCAR joined the CDP[8] (formerly known as the Carbon Disclosure Project) in 2014. The CDP’s climate change program provides annual reports on companies’ progress in the development of energy-efficient operations and environmentally friendly products and services that protect and preserve the environment.

Mark Pigott has been a strong supporter of environmental stewardship. He promotes a spirit of innovation and quality control throughout the workplace and invests in new cutting-edge technology, which has led to the development of aerodynamic designs and hybrid vehicles that promote fuel efficiency. As a result of this commitment and leadership, Paccar has been recognized by the Washington State Business Roundtable.[9] Every PACCAR manufacturing facility has earned environmental certification ISO 14001. PACCAR's brands Kenworth and Peterbilt are leaders in Diesel-Electric Hybrid technology installed in medium duty trucks.

Philanthropy[edit]

Mark Pigott is President of the PACCAR Foundation,[10] which annually donates $5–$10 million in support of education, social services and the arts. Beneficiaries included University of North Texas (2006), Stanford University (2006), Mississippi State University (2007), Gonzaga University (2006), East Mississippi Community College (2007), University of Washington (2008) Seattle University (2009) University of Puget Sound[11] (2013) and Washington State University[12] (2014). Pigott established the prestigious PACCAR Award for Teaching Excellence[13] at the University of Washington in 1997. This is the highest honorarium teaching award for MBA professors in the United States. Pigott's strong support of corporate giving is demonstrated by the fact that in 2014,[14] PACCAR was ranked fifth on a list of 25 top large corporate philanthropists in the state of Washington by the Puget Sound Business Journal Book of Lists.[15]

On a personal basis, Pigott has funded professorships and scholarships at Stanford University, Trinity College Dublin, the University of Washington, Gonzaga University, Kings College, Cambridge, Cambridge University[16] and Trinity College, Dublin.[17]

He serves on the Board of the Royal Shakespeare Company America,[18] The British Library Foundation,[19] St. George's Society (New York) Advisory Board[20] and Trinity College Foundation.[21] He is a life member of the National Gallery London,[22] The British Library, Royal Society for the encouragement of Arts, Manufacture Commerce (RSA),[23] and the Royal National Theatre,[24] UK. Major philanthropy also includes strategic planning and implementation of capital projects at St Paul's Cathedral, London,[25] the Royal Shakespeare Company, National Gallery UK and Trinity College, Dublin.[26] An avid bibliophile, Mark Pigott is involved in numerous projects benefiting the British Library[27] and the Folger Shakespeare Library.[28] For over a decade, his dedication to educating the next generation of leaders is evidenced by his participation as a lecturer at numerous graduate schools of business, including the University of Washington,[29] Seattle University,[30] Gonzaga University,[31] Stanford,[32] and Trinity College, Dublin.[26]

Awards and honors[edit]

Mark Pigott has been awarded numerous honors, awards, and knighthoods over the course of his career. Notable awards include:

Year Award or Honor Organization Country
2013 Inducted into Industry Week's Manufacturing Hall of Fame[33] Industry Week United States
2012 Honorary Knight Commander of the Most Excellent Order of the British Empire (KBE) Order of the British Empire United Kingdom
2010 Medal of Honor from the St George's Society of New York[34] St George's Society of New York United States
2009 Cross of the Order of Merit[35] Republic of Hungary Hungary
2009 Commander of the Order of St. John Venerable Order of Saint John United States
2009 Guild of Benefactors Cambridge University United Kingdom
2008 Officer of the Order of Orange-Nassau Order of Orange-Nassau Netherlands
2007 Stanford University Governors’ Award for over 30 years' of dedicated service to the University Stanford University United States
2007 Albert Schweitzer Leadership Award (HOBY)[36] Hugh O'Brian Youth (HOBY) organization United States
2006 Ellis Island Medal of Honor [37] National Ethnic Coalition of Organizations (NECO) United States
2006 Commander of the Order of the Crown (Belgium) Kingdom of Belgium Belgium
2005 Honoree of the Ireland Chamber of Commerce (ICCUSA)[38] Ireland Chamber of Commerce Ireland
2005 Irish America Magazine "Business 100" list Irish America Magazine Ireland
2003 Washington State CEO of the Year Washington CEO magazine United States
2003 Officer of the Order of the British Empire (OBE),.[25] Order of the British Empire United Kingdom

References[edit]

  1. ^ "Mark Pigott: Executive Profile & Biography - Businessweek". investing.businessweek.com. Retrieved 21 June 2012. 
  2. ^ Forbes – CEO Compensation, Performance v Pay rank 3/189. Forbes, 2007.
  3. ^ "Stanford School of Engineering Alumni Profile". Soe-oldwebserver.stanford.edu. Retrieved 29 October 2014. 
  4. ^ "Trinity College Dublin Annual Report 2006-2007". Tcd.ie. Retrieved 29 October 2014. 
  5. ^ "Lehman Today Fall 2010 - Winter 2011". Lehman.edu. Retrieved 29 October 2014. 
  6. ^ [1][dead link]
  7. ^ "PCAR stock quote - PACCAR Inc. stock price - NASDAQ.com". NASDAQ.com. Retrieved 29 October 2014. 
  8. ^ https://www.cdp.net/en-US/Results/Pages/Company-Responses.aspx?company=14169
  9. ^ http://www.waroundtable.com/
  10. ^ "About US - PACCAR". Paccar.com. Retrieved 29 October 2014. 
  11. ^ "Open Line - May 12, 2014 Edition · University of Puget Sound". Pugetsound.edu. Retrieved 29 October 2014. 
  12. ^ "WSU honors major donation from PACCAR". WSU News. Retrieved 29 October 2014. 
  13. ^ "Jain wins 2009 PACCAR Award for Excellence in Teaching". Foster.washington.edu. Retrieved 29 October 2014. 
  14. ^ "Top Corporate Philanthropists, Companies with more than $500M revenue". Puget Sound Business Journal. 23 May 2014. Retrieved 29 October 2014. 
  15. ^ "Book of Lists - Puget Sound Business Journal". Puget Sound Business Journal. Retrieved 29 October 2014. 
  16. ^ Why Mark Pigott Supports Cambridge, Cambridge University Development Office.
  17. ^ American History Lectureship Established at Trinity College, Dublin, May 3, 2007.
  18. ^ "RSC America". Rsc.org.uk. Retrieved 29 October 2014. 
  19. ^ "THE BRITISH LIBRARY - The world's knowledge". Bl.uk. Retrieved 29 October 2014. 
  20. ^ [2][dead link]
  21. ^ Development, Trinity College Dublin (21 March 2013). "Development". Tcd.ie. Retrieved 29 October 2014. 
  22. ^ "The National Gallery, London". Nationalgallery.org.uk. Retrieved 29 October 2014. 
  23. ^ "RSA - Home". Rsa.org.uk. Retrieved 29 October 2014. 
  24. ^ "Members Online Booking". National Theatre. Retrieved 29 October 2014. 
  25. ^ a b American millionaire Mark Pigott lavishes gifts on UK, Muckety.com, December 2, 2008
  26. ^ a b [3][dead link]
  27. ^ [4][dead link]
  28. ^ "-Folger Shakespeare Library". Bl.uk. Retrieved 29 October 2014. 
  29. ^ [5][dead link]
  30. ^ [6][dead link]
  31. ^ [7][dead link]
  32. ^ [8][dead link]
  33. ^ "IW Manufacturing Hall of Fame 2013 Inductee: Mark Pigott". Industryweek.com. Retrieved 29 October 2014. 
  34. ^ St George's Society of New York: The English Ball at the Wayback Machine (archived March 23, 2010)
  35. ^ [9][dead link]
  36. ^ "HOBY - Home". Hoby.org. Retrieved 29 October 2014. 
  37. ^ "NECO". NECO. Retrieved 29 October 2014. 
  38. ^ "Welcome to the Ireland Chamber of Commerce – USA". Iccusa.org. Retrieved 29 October 2014. 

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