Form 8-K · Current Report · Filed 2026-01-16
PACCAR Announces Executive Retirement and Promotions
PACCAR Inc announced that C. Michael Dozier, Executive Vice President, will retire effective April 1, 2026, after 37 years of service. W. Lance Walters, Assistant Vice President, will be promoted to Vice President and will take over operations in Australia, Mexico, and South America. Additionally, Raja Shembekar, Vice President, will assume responsibilities for international business development. These changes are set to be effective April 1, 2026.
- Filer
- Paccar Inc. PCAR · NASDAQ
- Filed
- Accession
- 0001193125-26-015349
- CIK
- 0000075362
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$121.92
Next session
-2.1%
Since filing
+8.8%
Latest close
$132.68
What happened, not what will happen — closing prices around the filing date.
About Paccar Inc.
Paccar Inc. is a leading global manufacturer specializing in the design and production of high-quality commercial vehicles. Its primary function is to produce durable trucks under renowned brands such as Kenworth, Peterbilt, and DAF, serving an extensive range of industries including freight, construction, and heavy-duty transportation sectors. Paccar also manufactures an array of diesel engines and provides financial services like leasing, lending, and insurance to support their customers’ business needs. The company plays a crucial role in the commercial vehicle market, known for its commitment to innovation and technological advancement in truck design, fuel efficiency, and safety features. With its headquarters in Bellevue, Washington, Paccar stands as a significant contributor to global logistics and infrastructure, enabling efficient goods movement and supply chain operations worldwide. Moreover, Paccar is involved in aftermarket support and distribution, ensuring comprehensive customer service and parts availability across its network, thus cementing its position as a pivotal player in the commercial transport sector.
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