Company: PACCAR Inc
Company Description: PACCAR is a global technology leader in the design, manufacture and customer support of high-quality, light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt, DAF and Foden nameplates. It also provides financial services and distributes truck parts related to its principal business.
Nomination Category: Individual Awards Categories
Nomination Sub Category: Best Chairman

Nomination Title: Mark C. Pigott, Chairman & CEO

1. Tell the story about what this nominee achieved in the past year (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:

PACCAR’s continued success emanates from the integrity and dedication of its
20,500 employees worldwide. PACCAR was recognized in 2004 with the
International Stevie Award for Best Multinational Company in the first-ever
International Business Awards.

As PACCAR’s Chairman, Mr. Pigott’s passion for producing products that are
highly customized and well-engineered with exceptionally high standards of quality
is reflected in the companies continued success.  PACCAR had the best year in
its history reporting record revenues and net income for 2004. As PACCAR enters
its 100th year, the company continues to build on its impressive record of 66
consecutive years of net profitability and reinforcing its outstanding reputation as
one of the leading global technology companies.
 
Mr. Pigott was selected as one of the top ten best-performing CEOs in 2004,
receiving an A+ rating by Forbes magazine for CEO pay-versus-performance.
Forbes evaluated 194 CEOs who met the qualification criteria of a minimum of six-
year tenure as chief executive. The rankings were calculated by company stock
performance (including dividends) versus peer companies and relative to the S&P
500 Index. The final criterion was the executive’s compensation trends during the
previous years.
 
In its January 2005 edition, Institutional Investor magazine published their survey
which rated the best CEOs in America by business sector.  Mr. Pigott was
recognized as one of the top three CEOs in the Machinery sector. In its survey,
Institutional Investor asked portfolio managers and equity analysts to select the
best-performing executives in the business segments they analyzed throughout
the year.

Mr. Pigott was also selected as Stark’s Truck & Off-Highway Ledger’s
2004 “Manager of the Year”. Selection for this particular award involved six months of critical inquiry evaluating the individual's credentials, contributions to the
industry, in-house management success, business effectiveness and shop-floor
reputation. 

PACCAR was recognized as one of America’s best performing companies by The
Wall Street Journal in early 2004.   PACCAR was named to The Wall Street
Journal’s prestigious 2003 Honor Roll list, which recognizes companies that
earned straight-A ratings, ranked on five-year average compound annual total
returns through year-end 2003. Companies also had to be in the top 20 percent of
firms evaluated for the past one, three, five and ten years to be considered for the
Honor Roll designation.
 
PACCAR recently made a $1 million contribution to the American Red Cross –
Tsunami Disaster Relief Fund to support humanitarian efforts for those impacted
by the Indian Ocean tsunami, which occurred in late December. PACCAR is one
of Puget Sound’s largest area philanthropists as ranked by 2003 corporate and
foundation giving.

In summary, Mr. Pigott’s accomplishments and leadership of a company with a
100-year history of producing superior quality products and year-after-year solid
financial performance are recognized by the trucking industry, the business
community and shareholders alike.     

2. List hyperlinks to any online news stories, press releases, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:

http://www.paccar.com/NewsReleases/article_news.asp?file=1599
Forbes Magazine Honors PACCAR Executive
http://www.paccar.com/NewsReleases/article_news.asp?file=1556 PACCAR
Earns Shareholder Honor Roll Distinction – One of America’s Best Performing
Companies
http://texis.seattletimes.nwsource.com/nw100/static/lead04.html  
2004 NW 100 Top Companies 
http://www.paccar.com/newsreleases/article_news.asp?file=1464  U.K. Honorary
Award for Mark Pigott
http://www.starks-news.com/TheLedger/manager.htm Starks Manager of the
Year Award
http://depts.washington.edu/bschool/new/full_stories/paccar_gift.html  PACCAR
gives $2 million to new UW Business School facility 
http://seattle.bizjournals.com/seattle/stories/2004/05/24/list.html (Ranking of
Largest Puget Sound area philanthropists)
http://www.epaccar.com/stevie1/ Internet Stevie Award Web Site)

3. Provide a brief (up to 100 words) biography about this nominee:

Mark Pigott is Chairman and Chief Executive Officer and a Director of PACCAR
Inc.  He joined PACCAR as an Internal Auditor in 1977, and has held a number of
positions with various PACCAR divisions including Peterbilt Motors and Foden
Trucks in the U.K. He became Chairman and Chief Executive Officer of the
company January 1, 1997.

Mr. Pigott graduated from Stanford University with a (B.S.) Industrial Engineering,
(B.A.) Humanities and (M.S.) Business from Stanford's Sloan Program.  He was
awarded the OBE (Officer of the British Empire) in 2003.

Mr. Pigott is a member of The Business Council-Washington, D.C., Washington
State Roundtable, World Economic Forum-Davos, Switzerland, and an SAE
member since 1981, as well as being active in numerous local charitable
organizations.