Mark Pigott Explained

Mark Pigott
Birth Date:6 February 1954
Nationality:American
Occupation:Businessperson
Organization:Paccar
Executive Chairman
Spouse:Cindy Piggot

Mark Charles Pigott (born February 6, 1954) is an American businessman and philanthropist. He has been Executive Chairman of Paccar since April 2014. He was previously Chairman and Chief Executive Officer of Paccar from January 1997[1] to April 2014. Pigott has been listed in Forbes magazine, in their annual listing of the top ten CEOs in the country.

Education

Pigott was born in San Francisco and raised in Seattle. He graduated from Stanford University receiving a Bachelor of Science in Industrial Engineering (1976), a Master of Science in Business (1984), and a Bachelor of Arts in Humanities (1998).[2] He has received an Honorary Doctorate Doctor of Science from Trinity College, Dublin (2007),[3] 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),[4] 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),[5] and an Honorary Doctorate from Washington State University, WA (2019).[6]

Business career

Mark Pigott's career with Paccar began in 1978. He is the fourth generation of the Pigott family to lead the company[7] 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), and on the Washington State Business Roundtable Executive Committee (retired).

Philanthropy

Mark Pigott is President of the PACCAR Foundation,[8] 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[9] (2013) and Washington State University[10] (2014). Pigott established the PACCAR Award for Teaching Excellence[11] at the University of Washington in 1997. This is the highest honorarium teaching award for MBA professors in the United States.[12] In 2014,[13] 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.[14]

On a personal basis, Pigott has funded professorships and scholarships at Stanford University,[15] Gonzaga University,[16] Cambridge University,[17] and Trinity College, Dublin.[18]

Pigott holds seats on the Board of the Royal Shakespeare Company America,[19] The British Library Foundation, St. George's Society (New York) Advisory Board,[20] 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,[21] UK. Major philanthropy activities of his include strategic planning and implementation of capital projects at St Paul's Cathedral, London.[22] A bibliophile, Pigott is involved in numerous projects benefiting the British Library. He established the annual Pigott Poetry Prize in Ireland (2014).[23] He has lectured at graduate schools of business, including the University of Washington, Seattle University[24] and Cambridge University.[17]

Personal life

Pigott lives in Medina, Washington with his wife Cindy.[25] He is a member of Augusta National Golf Club.[26]

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
2018Britannia BAFTA Humanitarian award[27] BAFTA Los Angeles United States
2016Knight of the Order of St. John[28] Venerable Order of Saint JohnUnited States
2014Chevalier of Orders and Letters[29] FrenchCulture.orgFrance
2013Inducted into Industry Week's Manufacturing Hall of Fame[30] Industry WeekUnited States
2012Honorary Knight Commander of the Most Excellent Order of the British Empire (KBE)Order of the British EmpireUnited Kingdom
2010Medal of Honor from the St George's Society of New York[31] St. George's Society of New YorkUnited States
2009Knights Cross of the Order of Merit[32] Republic of HungaryHungary
2009Commander of the Order of St. JohnVenerable Order of Saint JohnUnited States
2009Guild of BenefactorsCambridge UniversityUnited Kingdom
2008Officer of the Order of Orange-NassauOrder of Orange-NassauNetherlands
2007Stanford University Governors’ Award for over 30 years' of dedicated service to the UniversityStanford UniversityUnited States
2003Officer of the Order of the British Empire (OBE)Order of the British EmpireUnited Kingdom

Other sources

Notes and References

  1. Web site: Mark Pigott: Executive Profile & Biography - Businessweek . https://archive.today/20130118190552/http://investing.businessweek.com/research/stocks/people/person.asp?personId=294723&ticker=PCAR:US . dead . January 18, 2013 . investing.businessweek.com. 21 June 2012.
  2. Web site: Stanford School of Engineering Alumni Profile. Stanford.edu. October 29, 2014. dead. https://archive.today/20121211102035/http://soe-oldwebserver.stanford.edu/alumni/profiles/pigott.html. December 11, 2012.
  3. Web site: Trinity College Dublin Annual Report 2006-2007. Tcd.ie. October 29, 2014.
  4. Web site: Lehman Today Fall 2010 - Winter 2011. Lehman.edu. October 29, 2014.
  5. Web site: Archived copy . 2016-06-20 . 2015-05-23 . https://web.archive.org/web/20150523091837/http://www.washington.edu/regents/files/2014/04/2014-04-b-1.pdf . dead .
  6. Web site: Industrialist and philanthropist Mark Pigott receiving honorary doctorate . Washington State University . February 7, 2020 . December 2, 2019.
  7. Web site: PCAR stock quote - PACCAR Inc. stock price. Nasdaq. 29 October 2014.
  8. Web site: Philanthropy . Paccar. 29 October 2014.
  9. Web site: Open Line - May 12, 2014 . University of Puget Sound . 29 October 2014.
  10. Web site: WSU honors major donation from PACCAR. WSU News. 29 October 2014.
  11. Web site: Jain wins 2009 PACCAR Award for Excellence in Teaching. Foster School of Business. 29 October 2014 . https://web.archive.org/web/20141029230117/http://www.foster.washington.edu/news/Pages/FosterNewsItem.aspx?ArticleId=39834851736111 . 2014-10-29 . dead.
  12. Web site: 2018-06-12 . Ed deHaan wins the 2018 PACCAR Award for Excellence in Teaching . 2022-07-18 . Foster Blog . en-US.
  13. Web site: Top Corporate Philanthropists, Companies with more than $500M revenue. 23 May 2014. Puget Sound Business Journal. 29 October 2014.
  14. Web site: Book of Lists - Puget Sound Business Journal. Puget Sound Business Journal. 29 October 2014.
  15. Web site: Alumni Profile: Mark Pigott . May 25, 2010 . dead . https://web.archive.org/web/20100619215910/http://soe.stanford.edu/alumni/profiles/pigott.html . June 19, 2010 .
  16. Web site: Gonzaga Unveils Professorship Initiative . January 22, 2008 . Gonzaga University . https://web.archive.org/web/20110725145605/http://www.gonzaga.edu/news-and-events/newsdetail.asp?EventID=3549&DepartmentID . 2011-07-25 . dead.
  17. Web site: Why Mark Pigott Supports Cambridge . https://web.archive.org/web/20130320185550/http://www.campaign.cam.ac.uk/impact/why/pigott/ . 2013-03-20 . Cambridge University Development Office.
  18. Web site: American History Lectureship Established at Trinity College . https://web.archive.org/web/20110607042158/http://www.tcd.ie/Communications/news/news.php?headerID=617&vs_date=2007-5-1 . 2011-06-07 . Dublin . May 3, 2007.
  19. Web site: 2011: Mark Pigott . Commencement Speakers . Seattle University . February 7, 2020.
  20. Web site: MEMBERS - Board of Directors 2010/2011 . https://web.archive.org/web/20100726145237/http://www.stgeorgessociety.org/directors.php . July 26, 2010 .
  21. Web site: Members Online Booking . National Theatre . 29 October 2014 . dead . https://web.archive.org/web/20120729004752/http://www.nationaltheatre.org.uk/51800/information-for-current-members/life-benefactor-donors.html . 29 July 2012 .
  22. Web site: American millionaire Mark Pigott lavishes gifts on UK . Muckety.com . December 2, 2008 . https://web.archive.org/web/20130518143649/http://news.muckety.com/2008/12/02/american-millionaire-mark-pigott-lavishes-gifts-on-uk/7711 . 2013-05-18 . dead.
  23. News: Writers' Week reveal big poetry shortlist for the Pigott Prize . 2 February 2023 . Irish Independent . 20 April 2019.
  24. Web site: Past Speakers, Albers School of Business and Economics . https://web.archive.org/web/20100310133831/https://www.seattleu.edu/albers/inner.aspx?id=23192 . March 10, 2010 . dead .
  25. https://www.rsir.com/blog/2018/10/rsir-represents-three-of-the-most-expensive-home-sales-in-2018/ RSIR Represents Three of the Most Expensive Home Sales in 2018
  26. News: Buteau . Michael . Paskin . Janet . August 10, 2015 . 118 Rich and Powerful People Who Are Members of Augusta National . Bloomberg . February 21, 2021.
  27. Web site: 2018 British Academy Britannia Awards . Getty Images . 2019-02-28 . Beverly Hills, CA . October 26, 2018.
  28. Web site: Order of St John. www.thegazette.co.uk.
  29. Web site: Mark Pigott Receives French Arts & Letters Insignia. frenchculture.org . February 4, 2015.
  30. Web site: IW Manufacturing Hall of Fame 2013 Inductee: Mark Pigott. 5 November 2013 . Industryweek.com. 29 October 2014.
  31. Web site: St. George's Society of New York: The English Ball . 2010-05-25 . bot: unknown . https://web.archive.org/web/20100323190646/http://www.stgeorgessociety.org/ball.php . March 23, 2010 .
  32. Web site: Ambassador Szombati Presented Award to Seattle Industrialist . December 9, 2009 . October 11, 2012 . dead . https://web.archive.org/web/20120425204236/http://www.huembwas.org/szia/mark_pigott.htm . April 25, 2012 .

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Mark Pigott".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2025, A B Cryer, All Rights Reserved. Cookie policy.