Mark Pigott

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Mark Pigott

KBE, KStJ
Painted portrait of Mark Pigott
Born (1954-02-06) February 6, 1954 (age 65)
NationalityAmerican
OccupationBusinessperson
OrganizationPACCAR, Inc.
TitleExecutive Chairman
Spouse(s)Cindy

Mark Charles Pigott,[1] KBE, KStJ (born February 6, 1954), is an American businessman and philanthropist. He has been Executive Chairman of the Board of Directors of PACCAR, Inc. since April 2014. He was previously Chairman and Chief Executive Officer of PACCAR from January 1997[2] to April 2014. Pigott has been highlighted as one of the US's leading CEOs by Forbes magazine, in their annual listing of the top ten CEOs in the country.[3] Pigott lives in Medina, Washington with his wife Cindy.[4]

Education[edit]

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).[5] He has received an Honorary Doctorate in Science (Sc. D.) from Trinity College, Dublin (2007),[6] 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),[7] and a D.H.L. from Seattle University, WA (2012),[8][failed verification] an Honorary Doctorate of Fine Arts from the University of Puget Sound, WA (2014), and an Honorary Doctorate of Humane Letters from the University of Washington, WA (2016).[9]

Business career[edit]

Mark Pigott's 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 113th year in 2018 and has achieved 80 consecutive years of profitability. PACCAR (revenues $23.5 billion) (Nasdaq:PCAR)[10] 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, PACCAR Information Technology and PACCAR Powertrain.

Under 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, 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.

Philanthropy[edit]

Mark Pigott is President of the PACCAR Foundation,[11] 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[12] (2013) and Washington State University[13] (2014). Pigott established the prestigious PACCAR Award for Teaching Excellence[14] at the University of Washington in 1997. This is the highest honorarium teaching award for MBA professors in the United States.[citation needed] Pigott's strong support of corporate giving is demonstrated by the fact that in 2014,[15] 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.[16]

On a personal basis, Pigott has funded professorships and scholarships at Stanford University,[17] the University of Washington,[citation needed] Gonzaga University,[18] Cambridge University,[19] and Trinity College, Dublin.[20]

Pigott holds seats on the Board of the Royal Shakespeare Company America,[21][failed verification] The British Library Foundation,[22][failed verification] St. George's Society (New York) Advisory Board,[23] and Trinity College Foundation.[24][failed verification] He is a life member of the National Gallery London,[25][failed verification] The British Library, Royal Society for the encouragement of Arts, Manufacture Commerce (RSA),[26][failed verification] and the Royal National Theatre,[27] UK. Major philanthropy activities of his include strategic planning and implementation of capital projects at St Paul's Cathedral, London,[28] the Royal Shakespeare Company, National Gallery UK, Trinity College, Dublin,[20][failed verification] Royal National Theatre, British Museum and Bibliothèque nationale de France.[citation needed] An avid bibliophile, Pigott is involved in numerous projects benefiting the British Library[29] and the Folger Shakespeare Library.[30][failed verification] He established the annual Pigott Poetry Prize in Ireland (2014).[citation needed] 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,[31][failed verification] Seattle University,[32] Gonzaga University,[33][failed verification] Stanford,[17][failed verification] Trinity College, Dublin[20][failed verification] and Cambridge University.[19]

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
2018 Tony Award – Co-Producer of Angels in America (Broadway)[34][failed verification] Tony Awards United States
2018 Britannia BAFTA Humanitarian award[35] BAFTA Los Angeles United States
2016 Knight of the Order of St. John [1] Venerable Order of Saint John United States
2014 Chevalier of Orders and Letters[36] FrenchCulture.org France
2013 Inducted into Industry Week's Manufacturing Hall of Fame[37] 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[38] St. George's Society of New York United States
2009 Knights Cross of the Order of Merit[39] 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)[40][failed verification] Hugh O'Brian Youth (HOBY) organization United States
2006 Ellis Island Medal of Honor [41][failed verification] 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)[42][failed verification] 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)[28] Order of the British Empire United Kingdom

References[edit]

  1. ^ a b "Order of St John". www.thegazette.co.uk.
  2. ^ "Mark Pigott: Executive Profile & Biography - Businessweek". investing.businessweek.com. Retrieved 21 June 2012.
  3. ^ Forbes – CEO Compensation, Performance v Pay rank 3/189. Forbes, 2007.
  4. ^ RSIR Represents Three of the Most Expensive Home Sales in 2018, Realogics SIR. Retrieved 2018-12-12.
  5. ^ "Stanford School of Engineering Alumni Profile". Stanford.edu. Archived from the original on 11 December 2012. Retrieved 29 October 2014. Cite uses deprecated parameter |deadurl= (help)
  6. ^ "Trinity College Dublin Annual Report 2006-2007" (PDF). Tcd.ie. Retrieved 29 October 2014.
  7. ^ "Lehman Today Fall 2010 - Winter 2011" (PDF). Lehman.edu. Retrieved 29 October 2014.
  8. ^ [1] Archived February 16, 2012, at the Wayback Machine
  9. ^ https://www.washington.edu/regents/files/2014/04/2014-04-b-1.pdf
  10. ^ "PCAR stock quote - PACCAR Inc. stock price - NASDAQ.com". NASDAQ.com. Retrieved 29 October 2014.
  11. ^ "Philanthropy". Paccar. Retrieved 29 October 2014.
  12. ^ "Open Line - May 12, 2014". University of Puget Sound. Retrieved 29 October 2014.
  13. ^ "WSU honors major donation from PACCAR". WSU News. Retrieved 29 October 2014.
  14. ^ "Jain wins 2009 PACCAR Award for Excellence in Teaching". Foster School of Business. Archived from the original on 2014-10-29. Retrieved 29 October 2014. Cite uses deprecated parameter |deadurl= (help)
  15. ^ "Top Corporate Philanthropists, Companies with more than $500M revenue". Puget Sound Business Journal. 23 May 2014. Retrieved 29 October 2014.
  16. ^ "Book of Lists - Puget Sound Business Journal". Puget Sound Business Journal. Retrieved 29 October 2014.
  17. ^ a b "Alumni Profile: Mark Pigott". Archived from the original on June 19, 2010. Retrieved May 25, 2010. Cite uses deprecated parameter |deadurl= (help)
  18. ^ "Gonzaga Unveils Professorship Initiative". Gonzaga University. January 22, 2008. Archived from the original on 2011-07-25. Cite uses deprecated parameter |deadurl= (help)
  19. ^ a b "Why Mark Pigott Supports Cambridge". Cambridge University Development Office. Archived from the original on 2013-03-20.
  20. ^ a b c "American History Lectureship Established at Trinity College". Dublin. May 3, 2007. Archived from the original on 2011-06-07.
  21. ^ "RSC America". Rsc.org.uk. Archived from the original on 18 October 2014. Retrieved 29 October 2014. Cite uses deprecated parameter |deadurl= (help)
  22. ^ "The British Library - The world's knowledge". Bl.uk. Retrieved 29 October 2014.
  23. ^ "MEMBERS - Board of Directors 2010/2011". Archived from the original on July 26, 2010.
  24. ^ Development, Trinity College Dublin (21 March 2013). "Development". Trinity College, Dublin. Retrieved 29 October 2014.
  25. ^ "The National Gallery, London". Nationalgallery.org.uk. Retrieved 29 October 2014.
  26. ^ "RSA - Home". Rsa.org.uk. Retrieved 29 October 2014.
  27. ^ "Members Online Booking". National Theatre. Archived from the original on 29 July 2012. Retrieved 29 October 2014. Cite uses deprecated parameter |deadurl= (help)
  28. ^ a b "American millionaire Mark Pigott lavishes gifts on UK". Muckety.com. December 2, 2008. Archived from the original on 2013-05-18. Cite uses deprecated parameter |deadurl= (help)
  29. ^ "Paccar and the British Library Announce Charitable Gift". British Library. 30 July 2008. Archived from the original on September 19, 2008. Retrieved May 25, 2010. Cite uses deprecated parameter |deadurl= (help)
  30. ^ "Folger Shakespeare Library". Retrieved 29 October 2014.
  31. ^ "Foster School of Business honors transformational leaders". November 3, 2008. Archived from the original on July 20, 2011. Cite uses deprecated parameter |deadurl= (help)
  32. ^ "Past Speakers, Albers School of Business and Economics". Archived from the original on March 10, 2010. Cite uses deprecated parameter |deadurl= (help)
  33. ^ "Gift Will Build PACCAR Center for Applied Science". Gonzaga University. February 16, 2007. Archived from the original on 12 December 2012. Cite uses deprecated parameter |deadurl= (help)
  34. ^ "Angels in America: 11 Nominations". Tony Awards. Retrieved 2019-02-28.
  35. ^ "2018 British Academy Britannia Awards". Getty Images. Beverly Hills, CA. October 26, 2018. Retrieved 2019-02-28.
  36. ^ "Mark Pigott Receives French Arts & Letters Insignia". frenchculture.org. February 4, 2015.
  37. ^ "IW Manufacturing Hall of Fame 2013 Inductee: Mark Pigott". Industryweek.com. Retrieved 29 October 2014.
  38. ^ "St. George's Society of New York: The English Ball". Archived from the original on March 23, 2010. Retrieved 2010-05-25. Cite uses deprecated parameter |deadurl= (help)CS1 maint: BOT: original-url status unknown (link)
  39. ^ "Ambassador Szombati Presented Award to Seattle Industrialist". December 9, 2009. Archived from the original on April 25, 2012. Retrieved October 11, 2012. Cite uses deprecated parameter |deadurl= (help)
  40. ^ "HOBY - Home". Hoby.org. Retrieved 29 October 2014.
  41. ^ "NECO". NECO. Retrieved 29 October 2014.
  42. ^ "Welcome to the Ireland Chamber of Commerce – USA". Iccusa.org. Retrieved 29 October 2014.

Other sources[edit]

  • BusinessWeek – “Thinking Outside the Truck”
  • PACCAR - The Pursuit of Quality, Alex Groner and Barry Provorse; Documentary Media, Seattle, Washington, 2005 – 4th Edition
  • Kenworth Trucks: The First 75 Years, Doug Siefkes; Sasquatch Books, Printed in Canada, 1998
  • PACCAR Inc Business Background Report, ChoiceLevel Books, Filiquarian Publishing, LLC / Qontro, June 12, 2009

External links[edit]