david thompson tec equipment net worth

Mr. Thompson was just 15 years old when he lost his father. Flashback to 1985, Julie Sandoval was hired through the Kelly Girl staffing agency as a cashier for a GM factory-owned store in Oakland. 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. 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. future students Two years later, he built a 7,800-square-foot building to service and sell his used trucks. For more information about TEC Equipment, please visit www.tecequipment.com. Last Updated: February 2023. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. mba Uponcompletion of his bachelors degree in business, Mr. Thompson served in the U.S. Army, where he was assigned to the Armys Provost Marshalls Office inVietnam, andserved one and a half tours as a criminal investigator. 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. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. Home. 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. 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. We are thrilled to welcome David as a Member.". 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. TEC Equipment. He also worships the God and participates in all festivals. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. William Thompson is Leasing Project Management Office Lead; Chris Thompson is Regional Sales Manager; and David O. Thompson, Jr., is Director of TEC Development. Benzinga does not provide investment advice. 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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly. CAUTION - Before you proceed, please note: By clicking accept you agree that our review of the information contained in your e-mail and any attachments will not create an attorney-client relationship, and will not prevent any lawyer in our firm from representing a party in any matter where that information is relevant, even if you submitted the information in good faith to retain us. Real Time Net Worth. We are thrilled to welcome David as a Member.". SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. 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. 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. TEC Equipment contact info: Phone number: (503) 285-7667 Website: www.tecequipment.com What does TEC Equipment do? We provide convenient access to multiple locations, premium products, parts and service. 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. View David O. Thompson's profile on LinkedIn, the world's largest professional community. Megawide is building a $300 million data center in Cavite, south of the Philippine capital of Manila, as the construction company pivots to the digital space. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. 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. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars., 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. David discovered his talents for acting in middle school when he was recommended to audition for a play. Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. awards SOURCE Horatio Alger Association of Distinguished Americans, Inc. Cision Distribution 888-776-0942 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. . . He was the Final Four's most . 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. Todays Wordle #621 Hint, Clues And Answer For Thursday, March 2nd, AEW Dynamite Results: Winners And Grades On March 1, 2023, What Brands Need To Know: Social Marketing In 2023, Teslas Investor Day Is Long On Time, Short On Useful New Details, Biden Not Confident Supreme Court Will Uphold Student Debt Cancellation, Celta Vigo Star Gabri Veiga Is Alerting Wealthy Teams In The Premier League, RFK Killer Sirhan Sirhan Denied Parole For 16th TimeReversing 2021 Decision, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Enter the email address you signed up with and we'll email you a reset link. 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 O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. 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. 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 . David Thompson played his college basketball at NC State and his #44 was retired. During those early days in Portland, TEC Equipment, whose business was buying and selling used trucks and trailers, was known as Thompson Equipment Company. David Thompson was born in Shelby, North Carolina in July 1954. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. 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 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 . However, his family is the richest family in Canada with $35 billion combined fortune. Thank you for subscribing to the Business Matters Newsletter. It is the route many of our original customers traveled and on which they continue to operate today. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. 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. Sign up for our newsletter for updates on new parts specials, job offers, and more. For more information about TEC Equipment, visit theirwebsite. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). 1998 Acquired the Mack Ontario, CA franchise. The second generation sons David O., Chris and William lobbied for a chance to model the savvy and drive they had seen throughout their upbringing. 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. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. Following his honorable discharge from the Army, Mr. Thompson returned to work at Midwest Coast Transport, Inc. as a sales representative, and was transferred to Portland, Oregon. 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. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. David Thompson, 62, grew up in Shelby and played high school ball at Crest. Net Worth in 2023: $16 million. 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. 306 people follow this. He was also named college national player of the year in 1975 and was a three time ACC Player of the Year and consensus first-team All-American. David William Thompson was born to parents George and Leesa in Westchester, New York. Find top employees, contact details and business statistics at RocketReach. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. XDSL Tester corporate partners In order to ease his familys financial burden,hebegan working at age 16 at a garage and gas station. Since 1984, the Association has awarded more than $180 million in college scholarships to more than 27,000 deserving students. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. For more information about the Mack LR Electric, please visit Mack booth No. Adversities, but have also displayed unmatched resilience in overcoming their challenges 2016 Added Wabash franchise... The route many of our original customers traveled and on which they continue to operate today professional player! 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