I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.. Prior results do not guarantee a similar outcome. Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. David Thompson played his college basketball at NC State and his #44 was retired. by Sabine Bickford. steve thompson bethel . 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. "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. With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. TEC Equipment was founded in 1976 by David Thompson. of the largest heavy-duty truck and trailer dealerships in the, , said Terrence J. Giroux, executive director, Horatio Alger Association. 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. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. 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. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. Portland, Oregon May 2, 2022 TEC Equipment, Inc., headquartered in Portland, Oregon, has purchased the Volvo franchise rights from North American Truck & Trailer in Omaha and Lexington, Nebraska; Sioux City, Iowa; and Sioux Falls, South Dakota. As of February 2023, Linda Thompson has a calculated net worth of more than $30 million. 2023 Forbes Media LLC. Together, TEC Equipment, Volvo, Mack, and Wabash have made significant inroads in growing market share in the western United States. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. David Thompson - Founder / Ceo - Tec Equipment - email id & phone of top management contacts like Founder, CEO, CFO, CMO, CTO, Marketing or HR or Finance head. May 4, 2022. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . Carly Buggy We are thrilled to welcome David as a Member.". Equipment; Master Scuba Diver; Scuba Trips. 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. For more information about TEC Equipment, visit theirwebsite. 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. SEATTLE -- At 32, his professional basketball career apparently over -- partly because of a knee injury -- Thompson resides in King County's North Rehabilitation Facility, serving a 180-day. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. Their proposition centered around the company and family mission for growth and their capacity to shoulder additional responsibility. 2751 SW Jefferson Way Reflects change since 5 pm ET of prior trading day. Sign up for our newsletter for updates on new parts specials, job offers, and more. TEC is one of the largest Volvo and Mack dealerships in the U.S. and is a recognized leader in new and used truck sales, parts sales and service. David William Thompson was born to parents George and Leesa in Westchester, New York. Yet average American net worth is up 8.6% over the pre-Recession number, which could be a sign of growing wealth inequality. Description: TEC Equipment was founded in 1976 by David Thompson. A negative net worth suggests there are parts of your financial life you. David is now joined by his three sons, David O, Chris and William. 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. 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 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 acquisition also includes the rights for TEC to take over as Omahas Hino dealer in the, Julie Sandoval has spent her entire career working towards one goal, becoming parts manager of our Oakland location. He's arguably N.C. State's greatest basketball player, playing from 1972-75. Mr. Thompson was just 15 years old when he lost his father. 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. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). "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. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. 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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. We welcome all corrections and feedback using the button below. 2014 Thomson Reuters sales reach $12.6 billion for the year. Since its founding, TEC has remained a family-owned business. Learn more. 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. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. 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. 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. TEC Equipment Profile and History . Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. On average, they expect VYNE Therapeutics' stock price to reach $6.50 in the next twelve months. 2011 Opened a leasing and parts center in Tacoma, WA. He also worships the God and participates in all festivals. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. as of 2/28/23 . TEC Equipment raised a total of $5 M in funding over 1 rounds. Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. We have 30+ locations in Washington, Oregon, Nevada, California, Arizona, Nebraska, Iowa and South Dakota, serving a population base of more than 40 million people. 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, please visitwww.horatioalger.org. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and . Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. TEC Equipment has focused its growth strategy along the Interstate 5 corridor. 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. 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. Newcastle United are reportedly targeting the signing of FC Barcelona winger Raphinha this summer, as part of a 300 million ($319 million) spending spree. The TEC Oakland site was purchased by TEC in 2005. He then started Thompson Equipment Company, buying and selling used trucks. 1997 Purchased a used truck center in Fontana, CA in 1997, first entry into the California market. 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. XDSL Tester Email us, Copyright 2021 Oregon State University Disclaimer. Today, David is joined by his three sons, David O., Chris, and William. 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. TEC Equipment, Inc. is proud to representVolvoandMack trucks, and Wabash Trailers, as a franchise dealer in key markets across the West. "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 Thompson net worth, salary and career earnings: David Thompson is an American former professional basketball player who has a net worth of $1 million. Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. TEC Eurolab Srl. 1976 David Thompson founded Thompson Equipment Company. He was the NBA All-Star Game MVP and a four time All-Star and was two time All-NBA First Team. 306 people follow this. 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. The second generations executive responsibility was tested early when a franchise opportunity became available with growth potential, along with differentiation, risk and increased workload. 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 Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. He then started Thompson Equipment Company, buying and selling used trucks. 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. However, there is an industry that might be most affected . TEC Equipment contact info: Phone number: (503) 285-7667 Website: www.tecequipment.com What does TEC Equipment do? Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 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. 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 started buying and selling used trucks out of a small building in Portland in 1976. Sep 1976 - Present46 years 6 months. 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. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. Good Bye Lenin! He was a 6'4 shooting guard and small forward who played at Crest High School. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Find top employees, contact details and business statistics at RocketReach. David and Patricia Thompson combined net worth is estimated to be around $10 million USD. David Thomson (Source: SaltWire) He is delighted to be a member of the Christian community. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. In calculating net worth, Bloomberg . Review this Movie. 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. Our expansion from a single used truck center in Portland, Oregon to 30+ truck and trailer dealerships in over 20 cities across Washington, Oregon, Nevada, California, Arizona, Nebraska, Iowa and South Dakota is a tribute to this. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. The second generation started working at TEC as teenagers doing menial labor. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2020 Horatio Alger Award e l a S g n i h t f o f l 0 C % 0 g 5 i B o t 1 p 3 u 5 1 C e D Its 163.9 hp* Rotax E-TEC 800R engine combines with the lightweight REV-XP platform for an David Thompson net worth: $1000 thousand. "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, 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. He worked through his entire bag which was fun. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. 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. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. He played with the Denver Nuggets of both the American Basketball Association (ABA) and National Basketball Association (NBA), as well as the Seattle SuperSonics of the NBA. David Thomson, chairman of media and publishing group Thomson Reuters Corp., is again the wealthiest Canadian and ranks 27th globally with a net worth of US$32.5 billion. . Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Total Liabilities = Accounts Payable + Other Current Liabilities + Deferred Revenue + Commercial Paper + Term Debt + Other Non-Current Liabilities. Benzinga does not provide investment advice. 2023 Celebrity Net Worth / All Rights Reserved. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. An important organization and look david thompson tec equipment net worth to getting to know its exceptional Scholars the and. To streamline the leasing support business and reduce logistical friction for easy, customer... 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