PACCAR Inc (NASDAQ:PCAR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Item 5.02(b). The independent directors designated Charles R. Williamson, 68, as lead director for a three-year term beginning January 14, 2017. On February 1, 2017, Robert J. Christensen, 60, President and Chief Financial Officer, will retire from the Company after 33 years of service. Harrie C. A. M. Schippers, 54, has been promoted to Executive Vice President and Chief Financial Officer, effective February 1, 2017.
Item 8.01 Other Events.
Item 8.01. Darrin C. Siver, 49, has been promoted to Senior Vice President, effective January 1, 2017. A. Lily Ley, 51, has been promoted to Vice President and Chief Information Officer, effective January 1, 2017.
About PACCAR Inc (NASDAQ:PCAR)
PACCAR Inc (PACCAR) is a global technology company engaged in the design, manufacture and customer support of trucks. The Company operates in three segments: the Truck segment, which includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks; the Parts segment, which includes the distribution of aftermarket parts for trucks and related commercial vehicles, and the Financial Services segment, which includes the finance and leasing products, and services provided to customers and dealers. PACCAR’s other businesses include a division of the Company, which manufactures industrial winches in over two the United States plants and markets them under the Braden, Carco and Gearmatic nameplates. PACCAR’s trucks are marketed under the Kenworth, Peterbilt and DAF nameplates. PACCAR’s finance and leasing activities are principally related to PACCAR products and associated equipment. PACCAR Financial Services (PFS) operates in over 20 countries. PACCAR Inc (NASDAQ:PCAR) Recent Trading Information
PACCAR Inc (NASDAQ:PCAR) closed its last trading session down -0.39 at 67.68 with 3,819,356 shares trading hands.