PACCAR Inc (WBO:PCAR)
€ 109.36 0.56 (0.51%) Market Cap: 57.31 Bil Enterprise Value: 63.15 Bil PE Ratio: 12.93 PB Ratio: 3.26 GF Score: 72/100

Paccar Inc Annual Shareholders Meeting Transcript

Apr 25, 2023 / 05:30PM GMT
Release Date Price: €67.43 (+0.67%)
Mark C. Pigott
PACCAR Inc - Executive Chairman

Good morning. I'm Mark Pigott, Executive Chairman of PACCAR. I'd like to call 2023 Annual Meeting of PACCAR stockholders to order.

To begin, please note the meeting protocol set forth on the back of your program.

Congratulations to all the PACCAR employees, including the New Kenworth, Peterbilt, DAF, PACCAR Parts and PACCAR Financial teams for the excellent results delivered last year.

Yes. Thank you.

Your dedication, ingenuity and creative insight contributed to PACCAR achieving a record net income of over $3 billion. And oh, I like that. Yes. Come on.

And I know that our shareholders who are here are also pleased and excited about the strong start in 2023. Michael Barkley, please stand up.

I'd like to express the companies and my personal thanks to Michael Barkley, PACCAR's Senior Vice President and Controller, who is retiring next month after a great 32-year career. During his time as controller, Michael provided outstanding financial leadership as a company expanded into new markets in Europe and

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