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. 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 pledged $5 million to Legacy Health for the construction ofitscardiologyand patientcenter,andhas made contributions toOregon Harbor of Hope and the Oregon Food Bank. David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . 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 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. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. For more information about TEC Equipment, please visit www.tecequipment.com. Today he oversees TECs full-service real estate development division, leading design and construction through to full occupancy, developing functional, comfortable spaces for TEC. He also worships the God and participates in all festivals. 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. Portland, Oregon Area. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. In 2020, he was listed as the wealthiest person in Canada. 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. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . 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. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 2022 Acquired the Volvo franchise rights in Omaha and Lexington, NE; Sioux City, IA; and Sioux Falls, SD. We are thrilled to welcome David as a Member.". Company size: 501-1000 employees. The car he owns is about $20,000. The renowned stud extends to just under 1,000 acres. Submit a correction suggestion and help us fix it. Vice President - Trailers and Medium Duty, Vice President, Operations Southern California (Interim). of the largest heavy-duty truck and trailer dealerships in the, , said Terrence J. Giroux, executive director, Horatio Alger Association. 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. 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 . The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. 2010 Acquired Mack and Volvo franchises for Las Vegas, NV and San Francisco, CA. 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. Horatio Alger Association names 14 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2020. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. Mr. Thompson wasjust15 years old when he lost his father. We have estimated David Thompson's net worth , money, salary, income, and assets. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and . 2007 Recognized asAmerican Truck Dealers Association National Dealer Of The Year. After a few years of studying stand-up comedy . Welcome visitor you can state of oregon mileage reimbursement rate 2021 In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. "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. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. David and Anns sons, David Oliver, Christopher, and William each play an active role in the success of the company. Total Liabilities = $258.6 Bn. College news 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. Your wish might as well come true. Today he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. 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 discovered his talents for acting in middle school when he was recommended to audition for a play. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. . 2020 Opened a Mack, Volvo and Wabash dealership in Redmond, OR. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. CONTACT: Carly Buggy 484-385-2934 (office) cbuggy@briancom.com. David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. TEC Equipment Profile and History . 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. Mr. 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 trailers in the country. News, articles, and interesting stuff from the College of Business. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Sep 1976 - Present46 years 6 months. David Thomson's net worth as of February 2023 is a massive $32 billion. 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. Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. Long Dress made out of Managalagiri saree. For more information, please visit www.horatioalger.org. 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. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. Phone: 541-737-2551 With 30+ locations along the I-5 corridor, throughout the Midwest and beyond. 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. TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. The second generation started working at TEC as teenagers doing menial labor. Under Review. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. Benzinga does not provide investment advice. 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. TEC Equipment raised a total of $5 M in funding over 1 rounds. The TEC Oakland site was purchased by TEC in 2005. What would be his net worth at this juncture? 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. 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. David Thompson's income source is mostly from being a successful Player. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . 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. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. 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. All net worths are calculated using data drawn from public sources. Mr. Thompson was just 15 years old when he lost his father. 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. 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. 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 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. David O graduated with a Bachelors degree in Business Administration from Oregon State University. 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. For more information, please visitwww.horatioalger.org. Covering more than 2,000 miles of I-5, TEC Equipment is the only dealership group to offer this footprint, providing seamless service, reliable pricing, discounted fuel, and extended hours. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. Their proposition centered around the company and family mission for growth and their capacity to shoulder additional responsibility. TEC Equipment. Fax: 541-737-4890, Phone: 541-737-2551 He then started Thompson Equipment Company, buying and selling used trucks. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. The second generations executive responsibility was tested early when a franchise opportunity became available with growth potential, along with differentiation, risk and increased workload. David Thomson is the Chairman of the Thomson Reuters . The TEC network consisted of 28 locations across five states until in 2022, TEC made its first foray into the Midwest, acquiring four Volvo dealership locations in Nebraska, Iowa and South Dakota. David A. Thompson founded TEC Equipment in 1976. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. TEC Equipment Expands to Three Midwestern States, Meet Julie Sandoval, Parts Manager Extraordinaire. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. 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. TEC Equipment has focused its growth strategy along the Interstate 5 corridor. 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. After a year. 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. TEC Equipment Jun 2010 - May 2013 3 years. 1998 Acquired the Mack Ontario, CA franchise. Carly Buggy mba 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. 2014 Thomson Reuters sales reach $12.6 billion for the year. Salary in 2022. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. 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. 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. 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. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. 1994 Added two Volvo franchises in Portland, OR and Wilsonville, OR. David A. Thompson founded TEC Equipment in 1976. 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