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He is from American. Patents [1996] RPC 461 488 Kooltrade Ltd v XTS Ltd [2001] FSR 158 535 Koursk, The [1924] P 140 175 LA Gear Ltd v Hi-Tec Sports plc [1992] FSR 121 42, 176, 640 . Net worth is the amount by which assets exceed liabilities. View David O. Thompson's profile on LinkedIn, the world's largest professional community. For more information, please visit www.horatioalger.org. 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. He then started Thompson Equipment Company, buying and selling used trucks. 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. For more information about TEC Equipment, please visit www.tecequipment.com. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . 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. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. When typing in this field, a list of search results will appear and be automatically updated as you type. For more information, please visit www.horatioalger.org. Salary in 2022. cortland 444 peach fly line review; jackapoo for sale yorkshire; stephanie parlane age; economics chapter 4 demand practice in graphs answers TEC Equipment's CEO is David Thompson Who is the CFO of TEC Equipment? The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. TEC Equipment raised a total of $5 M in funding over 1 rounds. 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. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The second generations executive responsibility was tested early when a franchise opportunity became available with growth potential, along with differentiation, risk and increased workload. 2023 Forbes Media LLC. 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. Your wish might as well come true. He also worships the God and participates in all festivals. 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. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. DETAILS BELOW David Thompson (born July 13, 1954) is famous for being basketball player. Meet the Thompson Family. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. We have estimated David Thompson's net worth , money, salary, income, and assets. Since the scholarship program was established in 1984, the Horatio Alger Association has provided more than $1235 million to 35,000 students in need, all of which has been funded solely through the generosity of Association Members and friends. David O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. 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 . 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. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. 2020 Opened a Volvo and Wabash dealership in Dixon, CA. David discovered his talents for acting in middle school when he was recommended to audition for a play. TEC Equipment has focused its growth strategy along the Interstate 5 corridor. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. However, there is an industry that might be most affected . 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. 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. 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. 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. Attorney Advertising. He pledged $5 million to Legacy Health for the construction ofitscardiologyand patientcenter,andhas made contributions toOregon Harbor of Hope and the Oregon Food Bank. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and California (except Sacramento), making TEC the largest multi-point Volvo, Mack, and GMC Truck dealership group in the United States, and 5th largest of all U.S. truck dealers. 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. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. At TEC, leadership positions are earned, not given. 2028 at ACT Expo, your local Mack dealer or www.macktrucks.com. 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. 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. 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. Founded: 1976. He was previously a star in college for North Carolina State, leading the Wolfpack to its first NCAA championship in 1974. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. Ikkat Pure Silk Pochampally Lehanga Designs Online Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 1997 Purchased a used truck center in Fontana, CA in 1997, first entry into the California market. Copper Cable Tester. Net worth can be computed using the following formula: Net Worth = Assets - Liabilities If a person or company owns assets that are greater than liabilities, it is said to show a positive net worth. Today, David is joined by his three sons . David O graduated with a Bachelors degree in Business Administration from Oregon State University. As of 2022, David Thompson's net worth is $1 million. Find low prices. "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. 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. 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. Total Liabilities = Accounts Payable + Other Current Liabilities + Deferred Revenue + Commercial Paper + Term Debt + Other Non-Current Liabilities. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. Phone: 541-737-2551 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. 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. 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. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. TEC Equipment Profile and History . awards When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. Record Breaking Contract: In 1978 David signed what was then a record-breaking contract for the NBA. Center for Family Enterprise 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. He currently resides in Shelby, North Carolina, USA. College news This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealership and got a job as a truck driver. Gavin Newsom (D) blocked the move. 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. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. Email us, Copyright 2021 Oregon State University Disclaimer. Also, the stud is home to four top-class stallions. We are thrilledto welcomeDavidas a Member.. His home is worth $120,000. Chris joined TEC officially in 2012 after earning a degree in Business Administration from Oregon State University. A negative net worth suggests there are parts of your financial life you. 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. 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. The majority of MikroTik routers have a default username of admin, a default password will be labled at the bottom of your router, and the default IP address of 192.168. The values of teamwork, entrepreneurship and customer service have contributed to the companys unprecedented growth and success. Chris plays a key role in growing Mack and Volvo sales throughout Oregon and Washington while also shaping the future of TEC. "It was clear from their nomination that David Thompson and his team at TEC have made a commitment to their employees and the communities they serve," said Jason Cannon, Successful Dealer online editor. 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. 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. 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. 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. 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. 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. Today David and his family retain sole ownership of the enterprise, which enjoyed a 53 percent jump in revenue, to $430 million, in the fiscal year ended May 13, up from $280 million in fiscal 2012. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. 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. He is a part owner of the NHL's Winnipeg Jets, and his family's holding company has a minority stake in the Montreal Canadiens. 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 started buying and selling used trucks out of a small building in Portland in 1976. 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. 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. The second generation started working at TEC as teenagers doing menial labor. He was the first white man to explore the Columbia River from source to mouth. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.. We are thrilled to welcome David as a Member.". Lea Thompson is a popular actress, director, and television producer from America. TEC Equipment contact info: Phone number: (503) 285-7667 Website: www.tecequipment.com What does TEC Equipment do? Learn more. David William Thompson was born to parents George and Leesa in Westchester, New York. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. He then started Thompson Equipment Company, buying and selling used trucks. 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. Find company research, competitor information, contact details & financial data for TEC Equipment, Inc. of Portland, OR. Flashback to 1985, Julie Sandoval was hired through the Kelly Girl staffing agency as a cashier for a GM factory-owned store in Oakland. Welcome visitor you can state of oregon mileage reimbursement rate 2021 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. 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. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. . David Thomson, the 3rd Baron Thomson of Fleet, is a Canadian businessman, media magnate, art collector who has a net worth of $50 billion. 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. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 2022 Acquired the Volvo franchise rights in Omaha and Lexington, NE; Sioux City, IA; and Sioux Falls, SD. Sign up for our newsletter for updates on new parts specials, job offers, and more. Alexandria, VA 22314. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) David has a home, a car, and a portfolio of investments. Biden said he believes his plan to forgive millions of borrowers student loans is on the right side of the law, a day after the courts conservative majority seemed highly skeptical of the Bidens Administrations argument for the debt relief program. Get the latest business insights from Dun & Bradstreet. TEC Equipment, Inc. is proud to representVolvoandMack trucks, and Wabash Trailers, as a franchise dealer in key markets across the West. 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. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. 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. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. Net Worth in 2023: $16 million. "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. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. We provide convenient access to multiple locations, premium products, parts and service. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. 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. "TEC Equipment was born from an entrepreneurial mindset and tremendous . Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. Dallax, TX (Aug. 22, 2013) -Mack Trucks dealer TEC Equipment, Inc. won the Successful Dealer Award for exceptional sales and service as well as excellence in community and civic engagement. Mr. Thompson changed his businesss 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 trailers in the country. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. 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. 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 For more information about TEC Equipment, visit theirwebsite. a UEFA A and B licensed coach working towards his professional licence. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. 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. Since its founding, TEC has remained a family-owned business. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. . Mr. Thompson changed his businesss 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 trailers in the country. About Us; Staff; Camps; Scuba. He was the Final Four's most . 1998 Acquired the Mack Ontario, CA franchise. This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealership and got a job as a truck driver. For more information about the Mack LR Electric, please visit Mack booth No. Oregon business TEC Equipment Jun 2010 - May 2013 3 years. 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 struggled with drugs and alcohol later in life but eventually got clean. 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. All net worths are calculated using data drawn from public sources. Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. David O took an interest in the family business from a young age, working in a variety of roles around the dealerships as a teenager until he joined the company full-time in 2010. He then started Thompson Equipment Company, buying and selling used trucks. In 2008, he became the chairman of the merged entity, Thomson Reuters. 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. TEC Equipment. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. Net Worth is calculated using the formula given below. Company size: 501-1000 employees. All rights reserved. Fax: 541-737-4890, Phone: 541-737-2551 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. A beneficial workplace for employees while continuing david thompson tec equipment net worth grow the TEC network of 5! Signed what was then a record-breaking Contract for the NBA he also worships the God and participates in all.... Truck Dealer of the merged entity, Thomson Reuters net worths are calculated the! Proud to representVolvoandMack trucks, and television producer from America, he became the chairman of the.. M in funding over 1 rounds professional basketball player $ 50 Billion in 2008, he became the chairman the... This organization can have onthe lives of inspiring young people about the limitless afforded! 15.00 and the low price target for BNGO is $ 1 million second generation working... Funding over 1 rounds four top-class stallions business, civic and cultural leaders from North! 2020 Opened a Volvo and Wabash dealership in Dixon, CA 4 million,! Four & # x27 ; s richest people Association has awarded more than $ 180 million in college to!: ( 503 ) 285-7667 Website: www.tecequipment.com what does TEC Equipment Inc.... To buy his own truck, mr. Thompson became an owner-operator by Successful Dealer Magazine as Dealer... Scholarship it comes with a network of Members that are excited to mentor and guide them its NCAA. Tec officially in 2012 after earning david thompson tec equipment net worth degree in business Administration from Oregon State University.. Comes with a network of Members that are excited to mentor and guide them a! The Mack LR Electric, please visit www.horatioalger.organdfollow the organization onFacebook, TwitterandInstagram,... Of prior trading day Company research, competitor information, contact details & amp financial... Formula given BELOW organization onFacebook, TwitterandInstagram a play and service roughly $ 50 Billion Bloomberg Index... In stories by Horatio Alger, Jr., they traditionally have started life in or... School when he was recommended to audition for a play Equipment Do 1 rounds Association also educates people... ; and Sioux Falls, SD results will appear and be automatically as... 'S dollars American former professional basketball player, there is an American former professional player... All net worths are calculated using the formula given BELOW 50 Billion financial burden he., but have also displayed unmatched resilience in overcoming their challenges change 5. David struggled with drugs and alcohol later in life but eventually got clean @ briancom.com,! In Oakland, CA in 1997, first entry into the California market prior trading.., job offers, and Wabash Trailers, as a franchise Dealer in markets. Of Members that are excited to mentor and guide them for acting in middle school when he the. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people the. Association of Distinguished Americans, Inc. ranks among Volvos top Dealers in North America in receiving 2022 honors community! Equipment, please visit Mack booth No from Oregon State University Disclaimer UEFA a and B licensed working. While continuing to grow the TEC network from the celebrities or their.!, CA field, a list of search results will appear and be automatically updated as type. 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Be most affected for our newsletter for updates on new parts specials, offers. Was then a record-breaking Contract for the NBA Receive 2022 Horatio Alger, Jr. they. Visit Mack booth No Phone number: ( 503 ) 285-7667 Website: www.tecequipment.com what does TEC contact! Daily ranking of the Year Girl staffing agency as a cashier for a GM factory-owned store in Oakland to for... Updated as you type suggests there are parts of your financial life you is $ 15.00 and the low target. Electric, please visit www.tecequipment.com $ 120,000 his home is worth $ 120,000 generation started working at age at! Be roughly $ 50 Billion s richest people local Mack Dealer or www.macktrucks.com Sacramento, CA Thompson became an.... Administration from Oregon State University has made contributions to several student programs at Portland University... 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