Chairman of Truck Maker Paccar Inc. Retiring
BELLEVUE, Wash. (AP) _ The chairman and chief executive of truck manufacturer Paccar Inc. is retiring after 50 years with the company.
Charles M. Pigott, 67, will leave the Bellevue, Wash.-based company at the end of the year. He will remain of the member of the company’s board.
Among the leading candidates to assume Pigott’s position are his son, Mark Pigott, 42, and Michael Tembreull, 49. Both are vice chairmen of Paccar, which had $4.57 billion in sales last year.