david thompson tec equipment net worth

After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) Over the years we have formed a strong Best Business Partner relationship which has benefited each other and enabled TEC Equipment to provide first class customer service throughout the corridor. Upon completion of his bachelor's degree in business, Mr. Thompson served in the U.S. Army, where he was assigned to the Army's Provost Marshall's Office in Vietnam, and served one and a half tours as a criminal investigator. David O. has 1 job listed on their profile. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly. Headquartered in Portland, Oregon, TEC. Under Review. 2023 Celebrity Net Worth / All Rights Reserved. Soon after, he had an opportunity to join Market Transport, a trucking company owned by Peter Stott, a Horatio Alger Association member from the class of 2014. He pledged $5 million to Legacy Health for the construction ofitscardiologyand patientcenter,andhas made contributions toOregon Harbor of Hope and the Oregon Food Bank. May 4, 2022. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. Thanks to the generosity of its Members, the Association awards need-based scholarships to outstanding high school students who are committed to pursuing higher education and giving back to their communities. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Cision Distribution 888-776-0942 Through the generosity of its Members and friends, in 2019, the Association awarded more than $21 million in undergraduate and graduate need-based scholarships to 2,500 students across the United States and Canada, and provided college support and mentoring services to its Scholars. 2028 at ACT Expo, your local Mack dealer or www.macktrucks.com. He then started Thompson Equipment Company, buying and selling used trucks. Thomson has a diverse art portfolio reported to include pieces from Pablo Picasso and the world's top collection of English romantic painter John Constable. All three Thompson sons earned business degrees from Oregon State, and have since been involved with the College of Business. Your wish might as well come true. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. Our focused strategy has yielded over 40 years of market share growth and financial stability. In order to ease his familys financial burden, This sparked his interest in the automotive industry, , and a year later, he became a junior mechanic at a Chevrolet dealership, After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and. Find top employees, contact details and business statistics at RocketReach. He's arguably N.C. State's greatest basketball player, playing from 1972-75. If the liabilities are greater than assets, it implies a negative net worth. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . Since 1984, the Association has awarded more than $235 million in undergraduate, graduate, military veteran and career and technical education scholarships to more than 35,000 deserving students. The annual three-day event honors the achievements of both Members and National Scholars, affording both groups the opportunity to meet and interact as well as exchange stories of hardships and triumphs. We are thrilled to welcome David as a Member.". student programs at Portland State University. As of February 2023, Linda Thompson has a calculated net worth of more than $30 million. TEC Equipment was founded in 1976 by David Thompson. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. News, articles, and interesting stuff from the College of Business. What About David Thompson Net Worth and Salary in 2023? , In addition to his professional success, h, e is a pillar in his community, providing, providing those in need with valuable opportunities and support, established a major annual scholarship program. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. For more than 70 years, the Horatio Alger Award has been annually bestowed upon esteemed individuals who have succeeded despite facing adversities, and who have remained committed to higher education and charitable efforts in their communities. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". In this third program of the Family Business Study Group Series, we heard from David Thompson, CEO of TEC Equipment, Inc., and each of his sons about how his focused strategy has yielded over 30 years of profitability, market share growth, and financial stability and the planning that has supported this growth. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. A flight, dinner, drinks and handshakes later, the deal was complete, the first business venture where all generational parties were full participants. He and his wife Ann established a major annual scholarship program at Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. Company size: 501-1000 employees. Following his honorable discharge from the Army, Mr. Thompson returned to work at Midwest Coast Transport, Inc. as a sales representative, and was transferred to Portland, Oregon. Hehas been amember of theOregon State University Foundation Board of Trusteessince2013,andis an Emeritus Trustee of the Meridian Park Medical Foundations Board and a 2018 recipient ofitsPillar of Excellence Award. About Us; Staff; Camps; Scuba. He was also named college national player of the year in 1975 and was a three time ACC Player of the Year and consensus first-team All-American. Horatio Alger Association of Distinguished Americans, Inc. http://www.prnewswire.com/news-releases/david-a-thompson-president-and-ceo-of-tec-equipment-inc-to-receive-2020-horatio-alger-award-300972345.html, Do Not Sell My Personal Data/Privacy Policy. Since the scholarship program was established in 1984, the Horatio Alger Association has provided more than $180 million to 27,000 students in need, all of which has been funded solely through the generosity of Association Members and friends. Thomson's life is full of color and vibrancy. future students "In addition to his professional success, he is a pillar in his community, providing those in need with life-changing opportunities through his philanthropic efforts and generous contributions. David A. Thompson founded TEC Equipment in 1976. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Mr.Thompson and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75thHoratio Alger Award Induction Ceremonies in Washington, D.C. The safe play was to pass, Thompson recalled. Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. Since the scholarship program was established in 1984, the Horatio Alger Association has provided more than $180 million to 27,000 students in need, all of which has been funded solely through the generosity of Association Members and friends. TEC Equipment has focused its growth strategy along the Interstate 5 corridor. Lea Thompson is a popular actress, director, and television producer from America. Today, David is joined by his three sons, David O., Chris, and William. Soon after, he had an opportunity to join Market Transport, a trucking company owned by Peter Stott, a Horatio Alger Association member from the class of 2014. Each son sees themselves playing a key role in the future growth of TEC, and theyre excited about it. Earlier this year, through hard work, she finally reached that goal. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Mr. Thompson wasjust15 years old when he lost his father. Ikkat Pure Silk Pochampally Lehanga Designs Online Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. Founded: 1976. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. David Thomson has a net worth of $5.09 billion. David Thompson's legacy includes not only his Travels, generally recognized as a classic narrative of exploration, but also his meticulous field and survey notebooks, sheets of watercolors, letters describing the state of the interior during the period of contact, and maps of western North America. David and Anns sons, David Oliver, Christopher, and William each play an active role in the success of the company. TEC Equipment has grown to become the west's premier, multi-point, full-service truck dealership groups. Theres no partners in the business except myself and my three sons, the elder Thompson said. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. After a year. For more information, please visit www.horatioalger.org. Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. Through an economy collapse in 1981 and impending company foreclosure, Mr. Thompson prevailed and purchased a repossessed fleet of 102 trucks, which he resold for a profit to save Thompson Equipment Company. The values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. CONTACT:Carly Buggy484-385-2934 (office) cbuggy@briancom.com, View original content:http://www.prnewswire.com/news-releases/david-a-thompson-president-and-ceo-of-tec-equipment-inc-to-receive-2020-horatio-alger-award-300972345.html. He has been a member of the Oregon State University Foundation Board of Trustees since 2013, and is an Emeritus Trustee of the Meridian Park Medical Foundation's Board and a 2018 recipient of its Pillar of Excellence Award. David W. Thompson. TEC Equipment, headquartered in Portland, Oregon, and founded in 1976, is a retailer and maintenance service company for new and preowned Mack and Volvo brand heavy-duty trucks, medium-duty trucks, trailers, and auto transport vehicles. awards All rights reserved. Covering more than 2,000 miles of I-5, TEC Equipment is the only dealership group to offer this footprint, providing seamless service, reliable pricing, discounted fuel, and extended hours. David has a home, a car, and a portfolio of investments. David William Thompson was born to parents George and Leesa in Westchester, New York. David Thompson was born in Shelby, North Carolina in July 1954. He pledged $5 million to Legacy Health for the construction of its cardiology and patient center, and has made contributions to Oregon Harbor of Hope and the Oregon Food Bank. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 2751 SW Jefferson Way Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. I imagine that business will continue that way for generations to come., Number of generations to work in the family business: 2, Number of family members working in the business: 4, Last family vacation destination: Palm Springs, Favorite restaurant for family dinner: RingSide Steakhouse, Name and firm of most helpful family business professional that you would recommend to other family businesses: Pat Green, attorney, Best business decision: Buying property versus leasing, alumni awards Benzinga does not provide investment advice. SpaceX Rocket Launches Crew Of Four To International Space Station, Newcastle United Target FC Barcelona Raphinha Signing In $320 Million Spending Spree - Reports, Philippine Tycoon Edgar Saavedras Megawide To Build $300 Million Data Center In Digital Pivot. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. He and his wife Ann established a major annual scholarship program at Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. From a single operator, TEC Equipment, Inc., has grown to one of Oregon's largest private employers and the West's premier leading truck and trailer dealership group. Two years later. He worked through his entire bag which was fun. family business He pledged $5 million to Legacy Health for the construction of, Oregon Harbor of Hope and the Oregon Food Bank, Oregon State University Foundation Board of Trustees, dian Park Medical Foundations Board and a 2018 recipient of, Because it is not just a scholarship it comes with a, them. He then started Thompson Equipment Company, buying and selling used trucks. Horatio Alger Association names 16 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2022 From a single operator, TEC Equipment, Inc., has grown to one of Oregons largest private employers and the Wests premier leading truck and trailer dealership group. Amid stock market weakness and global economic certainty, Forbes said the total wealth of its billionaires list declined about US$400 billion from 2018 to US$8.7 trillion. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. David O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. That helped to build trust amongst colleagues and allowed the future leaders to understand the intricacies of the job and relate to the needs and challenges of employees. Learn more about David Thompson, Tec Equipment, Inc including contact information, career history, news and intelligence. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Sep 1976 - Present46 years 6 months. corporate partners Through an economy collapse in 1981 and impending company foreclosure, Mr. Thompson prevailed and purchased a repossessed fleet of 102 trucks, which he resold for a profit to save Thompson Equipment Company. Get the latest business insights from Dun & Bradstreet. David Thompson's income source is mostly from being a successful Player. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. During those early days in Portland, Oregon, TEC Equipment was known as Thompson Equipment Company and its business was buying and selling used trucks and trailers. However, there is an industry that might be most affected . Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. cortland 444 peach fly line review; jackapoo for sale yorkshire; stephanie parlane age; economics chapter 4 demand practice in graphs answers 2006 Expanded to Nevada, acquiring the Volvo and Mack franchises for Reno. Horatio Alger Association names 14 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2020. His home is worth $120,000. Additionally, Mr.Thompson has madecontributions to severalstudent programs at Portland State University. In 2020, he was listed as the wealthiest person in Canada. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. All Rights Reserved. David and Patricia Thompson combined net worth is estimated to be around $10 million USD. Fiber and Copper Multi Tester. David Thompson, (born April 30, 1770, London, Eng.died Feb. 10, 1857, Longeuil, Lower Canada [now Quebec]), English explorer, geographer, and fur trader in the western parts of what are now Canada and the United States. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . Heandhis wife Annestablished a major annual scholarship programat Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. TEC Equipment's CEO is David Thompson Who is the CFO of TEC Equipment? Center for Family Enterprise TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. In order to ease his familys financial burden,hebegan working at age 16 at a garage and gas station. Total Liabilities = $258.6 Bn. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. For more information about TEC Equipment, visit theirwebsite. About Horatio Alger Association of Distinguished Americans: Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. is dedicated to the simple but powerful belief that hard work, honesty and determination can conquer all obstacles. Thanks to the generosity of its Members, the Association awards need-based scholarships to outstanding high school students who are committed to pursuing higher education and giving back to their communities. "I have admired the Association's work for years and I'm continuously impressed by the incredible impact a scholarship from this organization can have on the lives of inspiring young people," said Mr. Thompson. Through an economy collapse in 1981 and impending company foreclosure, Mr. Thompson prevailed and purchased a repossessed fleet of 102 trucks, which he resold for a profit to save Thompson Equipment Company.
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