Mark Pigott

Last updated
Mark Pigott
MarkPigottportrait.jpg
Born (1954-02-06) February 6, 1954 (age 70)
NationalityAmerican
OccupationBusinessperson
Organization PACCAR, Inc.
Title Executive Chairman
SpouseCindy Piggot

Mark Charles Pigott [1] (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 listed in Forbes magazine, in their annual listing of the top ten CEOs in the country.

Contents

Education

Pigott was born in San Francisco and raised in Seattle. 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] an Honorary Doctorate of Fine Arts from the University of Puget Sound, WA (2014), an Honorary Doctorate of Humane Letters from the University of Washington, WA (2016), [6] and an Honorary Doctorate from Washington State University, WA (2019). [7]

Business career

Mark Pigott's career with PACCAR began in 1978. He is the fourth generation of the Pigott family to lead the company. PACCAR [8] is a publicly traded company 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.

During Pigott's tenure as Chairman and CEO, PACCAR has delivered a 1,700 percent total return to shareholders and received J.D. Power and Associates Awards for highest customer satisfaction as well as International Truck of the Year Awards.

Pigott has been Chairman of the DAF Supervisory Board since 1996, served on The Business Council (Washington, D.C.) (retired),[ citation needed ] and on the Washington State Business Roundtable Executive Committee (retired).[ citation needed ]

Philanthropy

Mark Pigott is President of the PACCAR Foundation, [9] which annually donates $5–$10 million in support of education, social services and the arts. Beneficiaries include 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 [10] (2013) and Washington State University [11] (2014). Pigott established the PACCAR Award for Teaching Excellence [12] at the University of Washington in 1997. This is the highest honorarium teaching award for MBA professors in the United States. [13] 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, [16] Gonzaga University, [17] Cambridge University, [18] and Trinity College, Dublin. [19]

Pigott holds seats on the Board of the Royal Shakespeare Company America, [20] The British Library Foundation, St. George's Society (New York) Advisory Board, [21] and Trinity College Foundation. He is a life member of the National Gallery London, The British Library, Royal Society for the encouragement of Arts, Manufacture Commerce (RSA), and the Royal National Theatre, [22] UK. Major philanthropy activities of his include strategic planning and implementation of capital projects at St Paul's Cathedral, London. [23] A bibliophile, Pigott is involved in numerous projects benefiting the British Library. He established the annual Pigott Poetry Prize in Ireland (2014). [24] He has lectured at graduate schools of business, including the University of Washington, Seattle University [25] and Cambridge University. [18]

Personal life

Pigott lives in Medina, Washington with his wife Cindy. [26] He is a member of Augusta National Golf Club. [27]

Awards and honors

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

YearAward or HonorOrganizationCountry
2018 Britannia BAFTA Humanitarian award [28] BAFTA Los AngelesUnited States
2016 Knight of the Order of St. John [1] Venerable Order of Saint John United States
2014Chevalier of Orders and Letters [29] FrenchCulture.orgFrance
2013Inducted into Industry Week's Manufacturing Hall of Fame [30] 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
2010Medal of Honor from the St George's Society of New York [31] St. George's Society of New York United States
2009Knights Cross of the Order of Merit [32] Republic of Hungary Hungary
2009 Commander of the Order of St. John Venerable Order of Saint John United States
2009Guild of Benefactors Cambridge University United Kingdom
2008Officer 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
2003Officer of the Order of the British Empire (OBE) [23] Order of the British Empire United Kingdom

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References

  1. 1 2 "Order of St John". www.thegazette.co.uk.
  2. ↑ "Mark Pigott: Executive Profile & Biography - Businessweek". investing.businessweek.com. Archived from the original on January 18, 2013. Retrieved 21 June 2012.
  3. ↑ "Stanford School of Engineering Alumni Profile". Stanford.edu. Archived from the original on December 11, 2012. Retrieved October 29, 2014.
  4. ↑ "Trinity College Dublin Annual Report 2006-2007" (PDF). Tcd.ie. Retrieved October 29, 2014.
  5. ↑ "Lehman Today Fall 2010 - Winter 2011" (PDF). Lehman.edu. Retrieved October 29, 2014.
  6. ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2015-05-23. Retrieved 2016-06-20.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ↑ "Industrialist and philanthropist Mark Pigott receiving honorary doctorate". Washington State University. December 2, 2019. Retrieved February 7, 2020.
  8. ↑ "PCAR stock quote - PACCAR Inc. stock price - NASDAQ.com". NASDAQ.com. Retrieved 29 October 2014.
  9. ↑ "Philanthropy". Paccar. Retrieved 29 October 2014.
  10. ↑ "Open Line - May 12, 2014". University of Puget Sound. Retrieved 29 October 2014.
  11. ↑ "WSU honors major donation from PACCAR". WSU News. Retrieved 29 October 2014.
  12. ↑ "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.
  13. ↑ "Ed deHaan wins the 2018 PACCAR Award for Excellence in Teaching". Foster Blog. 2018-06-12. Retrieved 2022-07-18.
  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. ↑ "Alumni Profile: Mark Pigott". Archived from the original on June 19, 2010. Retrieved May 25, 2010.
  17. ↑ "Gonzaga Unveils Professorship Initiative". Gonzaga University. January 22, 2008. Archived from the original on 2011-07-25.
  18. 1 2 "Why Mark Pigott Supports Cambridge". Cambridge University Development Office. Archived from the original on 2013-03-20.
  19. ↑ "American History Lectureship Established at Trinity College". Dublin. May 3, 2007. Archived from the original on 2011-06-07.
  20. ↑ "2011: Mark Pigott". Commencement Speakers. Seattle University. Retrieved February 7, 2020.
  21. ↑ "MEMBERS - Board of Directors 2010/2011". Archived from the original on July 26, 2010.
  22. ↑ "Members Online Booking". National Theatre. Archived from the original on 29 July 2012. Retrieved 29 October 2014.
  23. 1 2 "American millionaire Mark Pigott lavishes gifts on UK". Muckety.com. December 2, 2008. Archived from the original on 2013-05-18.
  24. ↑ "Writers' Week reveal big poetry shortlist for the Pigott Prize". Irish Independent. 20 April 2019. Retrieved 2 February 2023.
  25. ↑ "Past Speakers, Albers School of Business and Economics". Archived from the original on March 10, 2010.
  26. ↑ RSIR Represents Three of the Most Expensive Home Sales in 2018, Realogics SIR. Retrieved 2018-12-12.
  27. ↑ Buteau, Michael; Paskin, Janet (August 10, 2015). "118 Rich and Powerful People Who Are Members of Augusta National". Bloomberg. Retrieved February 21, 2021.
  28. ↑ "2018 British Academy Britannia Awards". Getty Images. Beverly Hills, CA. October 26, 2018. Retrieved 2019-02-28.
  29. ↑ "Mark Pigott Receives French Arts & Letters Insignia". frenchculture.org. February 4, 2015.
  30. ↑ "IW Manufacturing Hall of Fame 2013 Inductee: Mark Pigott". Industryweek.com. 5 November 2013. Retrieved 29 October 2014.
  31. ↑ "St. George's Society of New York: The English Ball". Archived from the original on March 23, 2010. Retrieved 2010-05-25.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  32. ↑ "Ambassador Szombati Presented Award to Seattle Industrialist". December 9, 2009. Archived from the original on April 25, 2012. Retrieved October 11, 2012.

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