Paccar board names senior VP
BELLEVUE, Wash. (May 4, 2005) — Paccar Inc. — parent company of Kenworth Trucks and Peterbilt Motors — announced that its board of directors has elected Kenneth R. Gangl to the position of senior vice-president.
Gangl has six years with Paccar and has been vice president-financial services since 1999. “Ken’s leadership and industry experience have made a significant contribution to the steady, profitable growth of Paccar’s worldwide finance and leasing businesses,” noted Mark C. Pigott, chairman and chief executive officer. “Paccar Financial Services pretax profits increased to a record $168.4 million in 2004.”
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