david thompson tec equipment net worth

Two years later, he built a 7,800-square-foot building to service and sell his used trucks. Additionally, Mr.Thompson has madecontributions to severalstudent programs at Portland State University. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Find low prices. 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 In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. Find top employees, contact details and business statistics at RocketReach. Previously, David was the Remote Vfx Composito r at Ratchet Digital and also held positions at Henningsen Cold Storage Co., Take 5 Productions, Technicolor, Dufferin Gate Productions, Invisible . He has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Net Worth in 2022. 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. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. Through the generosity of its Members and friends, in 2020, 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. Mr. Thompson and the Member Class of 2020 will be formally inducted into the Association on April 2-4, 2020, during the Association's 73rdHoratio Alger Award Induction Ceremonies in Washington, D.C. He signed with the Denver Nuggets and played from 1975 to 1982 before playing for the Seattle SuperSonics from 1982 to 1984. 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. David Thompson was born in Shelby, North Carolina in July 1954. David O. has 1 job listed on their profile. Two years later,he builta 7,800-square-foot building to service and sell his used trucks. 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. 2022 Acquired the Volvo franchise rights in Omaha and Lexington, NE; Sioux City, IA; and Sioux Falls, SD. Mr. Thompson and the Member Class of 2020 will be formally inducted into the Association on April 2-4, 2020, during the Association's 73rd Horatio Alger Award Induction Ceremonies in Washington, D.C. About the author David I. Bainbridge is Emeritus Professor of Business Law at Aston Business School, Aston University and an honorary member of Hardwicke Building, Lincoln's Inn. The values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. 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. His work experience at TEC has focused on the fixed operations side, centering on the logistics side of the business before moving into his current role as leasing PMO lead. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. . 2011 Opened a leasing and parts center in Tacoma, WA. david thompson tec equipment net worth; PDF Identifying the Signer How to Write a Legal Caption | Legal Beagle Each co-owner has a separate legal title to his undivided interest. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. To play a pull fade hes normally trying to hit a rope draw with his 48-inch driver Berkshire adds strips of lead tape to the toe in I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . The renowned stud extends to just under 1,000 acres. Each owner represents a unique perspective that provides interrelated skills, further promoting rapport-building and driving consensus decisions. Thomson's life is full of color and vibrancy. In addition to his professional success, he is a pillar in his community, providingthose in needwith lifechangingopportunitiesthrough hisphilanthropic effortsand generouscontributions. Mr. Thompson and the Member Class of 2020 will be formally inducted into the Association on April 2-4, 2020, during the Association's 73rd Horatio Alger Award Induction Ceremonies in Washington, D.C. TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. family business from 8 AM - 9 PM ET. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. A flight, dinner, drinks and handshakes later, the deal was complete, the first business venture where all generational parties were full participants. Fake Nationality: The actors playing West Germans Denis and Rainer are from East Germany, while those playing Alex and Arianne are from West Germany, and the actor playing "Sigmund Jhn" is Swiss. We have estimated David Thompson's net worth , money, salary, income, and assets. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. College news A people-person to his core, Chris was drawn to sales roles from the start, exploring used truck purchasing, new truck sales and now serving as regional sales manager. 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. 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. They hope to continue providing industry-leading transportation solutions for customers and fostering a beneficial workplace for employees while continuing to grow the TEC network. Four-time NBA All-Star who was selected first overall in the 1975 NBA Draft. 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. $1 Million - $5 Million. He has also taken a car loan of $10,000. "David Thompson faced adversity from a young age, but persevered to build his company to become one of the largest heavy-duty truck and trailer dealerships in the country," said Terrence J. Giroux, executive director, Horatio Alger Association. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. We welcome all corrections and feedback using the button below. mba Under Review. Salary in 2022. 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. As of 2022, David Thompson's net worth is $1 million. Welcome visitor you can state of oregon mileage reimbursement rate 2021 He was the Final Four's most . Horatio Alger Association of Distinguished Americans, Inc. , a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, today announced that. Our focused strategy has yielded over 40 years of market share growth and financial stability. #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. PADI Discover Tec; PADI Tec 40; PADI Tec 45; PADI TEC 50; Pro; Contact Us; Calendar; Store; February 27, 2023 By palmetto state law enforcement officers association. WASHINGTON, D.C. Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, today announced thatDavid A. Thompson,president and CEO ofTEC Equipment, Inc.,has been selected for membership in this prestigious organization. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. "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. WASHINGTON, Dec. 10, 2019 /PRNewswire/ --Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, today announced that David A. Thompson, president and CEO of TEC Equipment, Inc., has been selected for membership in this prestigious organization. David Thompson was born in Shelby . In 1997 TEC expanded into California with the purchase of a used truck center in Fontana. Benzinga does not provide investment advice. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. 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. Megawide is building a $300 million data center in Cavite, south of the Philippine capital of Manila, as the construction company pivots to the digital space. Thompson changed his business's name to TEC Equipment, Inc. in 1983, and through his leadership over the next several decades, it has become one of the top three dealers of new and used trucks and . 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. The median net worth for the 35-44 group, $91,300, is still more than 16% below the pre-Recession median net worth of $109,430 in 2007. As the West's leading full-service truck and trailer . The safe play was to pass, Thompson recalled. Carly Buggy Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. The Association honors the achievements of outstanding leaders who have accomplished remarkable successes in spite of adversity by bestowing upon them the Horatio Alger Award and inducting them as lifetime Members. TECs expansion from a single used truck center to 22 franchised dealerships and three used truck centers and 1,000 employees has not followed a traditional path. Mr. Thompson was just 15 years old when he lost his father. 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. has been selected for membership in this prestigious organization. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. However, his family is the richest family in Canada with $35 billion combined fortune. As the second generation of ownership at TEC, all three Thompson sons have a unified vision for the future of the company. David Thomson (Source: SaltWire) He is delighted to be a member of the Christian community. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. XDSL Tester Theres no partners in the business except myself and my three sons, the elder Thompson said. Meet the Thompson Family. Our hours have changed We are now closed on Mondays. David has a home, a car, and a portfolio of investments. Submit a correction suggestion and help us fix it. He has seen TEC from many angles, working in the warehouse, on the maintenance team, as an insurance agent and now as director of TEC Development. For more information about Horatio Alger Association and its Member Class of 2020, please visit www.horatioalger.organdfollow the organization on Facebook, Twitter and Instagram. David Thompson net worth, salary and career earnings: David Thompson is an American former professional basketball player who has a net worth of $1 million. 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. 2010 Acquired Mack and Volvo franchises for Las Vegas, NV and San Francisco, CA. William joined TEC in 2014 after earning a degree in Business Administration from Oregon State University and a degree in Supply Chain Management from Lund University in Lund, Sweden. cbuggy@briancom.com, David A. Thompson, President and CEO ofTEC Equipment, Inc.,to Receive 2022 Horatio Alger Award, 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. TEC Equipment was born from an entrepreneurial mindset and tremendous moxie, CEO and president Thompson said. CONTACT: Carly Buggy 484-385-2934 (office) [emailprotected]. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. TEC Equipments growth in the dealership industry is unprecedented. 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 When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. TEC Equipment Jun 2010 - May 2013 3 years. Each son sees themselves playing a key role in the future growth of TEC, and theyre excited about it. Sign up for our newsletter for updates on new parts specials, job offers, and more. Fiber and Copper Multi Tester. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. He then started Thompson Equipment Company, buying and selling used trucks. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. Their average twelve-month price target is $10.06, predicting that the stock has a possible upside of 33.81%. Keeping low prices, low. Long Dress made out of Managalagiri saree. Thompson was the ABA Rookie of the Year, an ABA All-Star, the ABA All-Star Game MVP, and made the ABA All-Time Team. a 7,800-square-foot building to service and sell his used trucks. For more information about Horatio Alger Association and its Member Class of 2022, please visit, 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. 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