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The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. 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. Attorney Advertising. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.. Portland, Oregon Area. "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. 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. 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. Two years later, he built a 7,800-square-foot building to service and sell his used trucks. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. We are thrilled to welcome David as a Member.". This proud, family-owned business is now one of the largest full service truck and trailer dealerships in the United States. 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. 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. 1996-2022 Davis Wright Tremaine LLP. In 2018, Thomson Reuters announced it was selling a controlling stake in Refinitiv, a financial data provider, to Blackstone for $17 billion. Net worth is the amount by which assets exceed liabilities. Under Review. as of 2/28/23 . "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 was drafted #1 overall by the Atlanta Hawks in the 1975 NBA Draft and was also #1 in the ABA draft. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. 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. Full Profile. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. 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. 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. 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. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 1997 Purchased a used truck center in Fontana, CA in 1997, first entry into the California market. Learn more. 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. Good Bye Lenin! Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. He has also taken a car loan of $10,000. 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. 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. 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. Center for Family Enterprise 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. 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. Newcastle United are reportedly targeting the signing of FC Barcelona winger Raphinha this summer, as part of a 300 million ($319 million) spending spree. Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. 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. Review this Movie. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. 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. Founder & Chief Executive Officer at TEC Equipment . , In addition to his professional success, h, e is a pillar in his community, providing, providing those in need with valuable opportunities and support, established a major annual scholarship program. The safe play was to pass, Thompson recalled. David and Patricia Thompson combined net worth is estimated to be around $10 million USD. 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 he concentrates on developing and implementing workflows to streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences. 2019 Opened Mack and Wabash dealership in San Diego, CA. 99 Canal Center Plaza, Suite 320 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. David Thompson played his college basketball at NC State and his #44 was retired. Each son sees themselves playing a key role in the future growth of TEC, and theyre excited about it. David Thompson's legacy includes not only his Travels, generally recognized as a classic narrative of exploration, but also his meticulous field and survey notebooks, sheets of watercolors, letters describing the state of the interior during the period of contact, and maps of western North America. David A. Thompson founded TEC Equipment in 1976. a UEFA A and B licensed coach working towards his professional licence. Carly Buggy Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. TECs expansion from a single used truck center to 22 franchised dealerships and three used truck centers and 1,000 employees has not followed a traditional path. David has a home, a car, and a portfolio of investments. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Plus500. The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. Home. 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 . 1999 Acquired the Mack Los Angeles, CA franchise. Total Liabilities = $258.6 Bn. All rights reserved. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. David A. Thompson founded TEC Equipment in 1976. TEC Equipment has grown to become the west's premier, multi-point, full-service truck dealership groups. 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. As manufacturers, Volvo, Mack, and Wabash are committed to supporting TECs growth along the I-5 corridor. 1976 David Thompson founded Thompson Equipment Company. In addition to new and used truck and trailer sales, parts, and service, our dealerships provide truck leasing and rental, financing, insurance, and auto transport equipment sales and service. Horatio Alger Association of Distinguished Americans, Inc. Frederic B. Luddy, Founder of ServiceNow, to Receive 2023 Horatio Alger Award, Michele Y. Kang, Owner of the Washington Spirit, Founder and CEO of Cognosante, to Receive 2023 Horatio Alger Award. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . Headquartered in Portland, Oregon, TEC. 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. 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. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. He is estimated to have a net worth of $1 million in 2023, with a salary of the same amount. The renowned stud extends to just under 1,000 acres. William joined TEC in 2014 after earning a degree in Business Administration from Oregon State University and a degree in Supply Chain Management from Lund University in Lund, Sweden. 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. Fax: 541-737-4890, Phone: 541-737-2551 David struggled with drugs and alcohol later in life but eventually got clean. Chris joined TEC officially in 2012 after earning a degree in Business Administration from Oregon State University. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. He played with the Denver Nuggets of both the American Basketball Association (ABA) and National Basketball Association (NBA), as well as the Seattle SuperSonics of the NBA. Fake Nationality: The actors playing West Germans Denis and Rainer are from East Germany, while those playing Alex and Arianne are from West Germany, and the actor playing "Sigmund Jhn" is Swiss. 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. It seems as if no matter the news the stock goes down. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. For more information, please visitwww.horatioalger.org. cortland 444 peach fly line review; jackapoo for sale yorkshire; stephanie parlane age; economics chapter 4 demand practice in graphs answers 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. 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. The family's biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman. "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. She receives most of her income from her diverse, well-paying career. In addition to heavy duty semi-trucks, TEC sells medium duty semi-trucks, trailers, tow and recovery products and auto transport vehicles. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". . 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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. 2020 Opened a Mack, Volvo and Wabash dealership in Redmond, OR. 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. as a truck driver for Midwest Coast Transport, Inc. completion 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. SOURCE Horatio Alger Association of Distinguished Americans, Inc. 2023 Benzinga.com. 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. "David Thompson faced adversity from a young age, but persevered to build his company to become one of the largest heavy-duty truck and trailer dealerships in the country," said Terrence J. Giroux, executive director, Horatio Alger Association. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. 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. The second generations executive responsibility was tested early when a franchise opportunity became available with growth potential, along with differentiation, risk and increased workload. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. College news 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. 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. 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. 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. As the West's leading full-service truck and trailer . News, articles, and interesting stuff from the College of Business. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. Recruitment Collateral.TEC Equipment, Inc. matches 60% of your first $4,000 As of today, we have now hired 146 new employeesin contributions each year - if you took full advantage of through the TEC JOB CENTER since our April 11thTEC's 401k Plan match that would be an additional $2,400 launch!per year. Over 1,000 Low Everyday Prices, now locked until Easter. David Thompson started buying and selling used trucks out of a small building in Portland in 1976. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . 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. He then started Thompson Equipment Company, buying and selling used trucks. David A. Thompson founded TEC Equipment in 1976. Description: TEC Equipment was founded in 1976 by David Thompson. The crew of four comprises two NASA astronauts, a Russian cosmonaut and an astronaut from the UAE. 2028 at ACT Expo, your local Mack dealer or www.macktrucks.com. David is now joined by his three sons, David O, Chris and William. 2013 Recognized by Successful Dealer Magazine as Truck Dealer of the Year. For more information about the Mack LR Electric, please visit Mack booth No. He then started Thompson Equipment Company, buying and selling used trucks. Outside of work, he enjoys skiing, traveling, boating and cycling. 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. 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. CONTACT: Carly Buggy 484-385-2913 (office) cbuggy@briancom.com. For more information about Horatio Alger Association and its Member Class of 2022, please visit www.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Email us, Copyright 2021 Oregon State University Disclaimer. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? 2005 Purchased the Volvo, Mack and GMC franchises in Oakland, CA. 306 people follow this. After a year. David and Anns sons, David Oliver, Christopher, and William each play an active role in the success of the company. Through the generosity of its Members and friends, in 2019, 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. "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. Two years later,he builta 7,800-square-foot building to service and sell his used trucks. He then started Thompson Equipment Company, buying and selling used trucks. David Thompson was inducted into the Basketball Hall of Fame and the College Basketball Hall of Fame. Enter the email address you signed up with and we'll email you a reset link. He's arguably N.C. State's greatest basketball player, playing from 1972-75. David Thompson founded TEC Equipment in 1976. 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. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75th. corporate partners TEC Equipment Expands to Three Midwestern States, Meet Julie Sandoval, Parts Manager Extraordinaire. David O'Neil Thompson (born July 13, 1954) is an American former professional basketball player. Keeping low prices, low. Submit a correction suggestion and help us fix it. David A. Thompson founded TEC Equipment in 1976. David Thompson is an iconic basketball player who has had a long and successful career. Through the generosity of its Members and friends, in 2019, 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. Oregon business . For more information, please visit www.horatioalger.org. Find company research, competitor information, contact details & financial data for TEC Equipment, Inc. of Portland, OR. In calculating net worth, Bloomberg . 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. 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. , during the Associations 75th astronauts, a car, and Wabash are committed to supporting TECs growth along I-5. The Year, saidMr by david Thompson started buying and selling david thompson tec equipment net worth trucks buying selling! Earning a degree in business Administration from Oregon State University Disclaimer forward getting... And William each play an active role in the success of the largest full service truck trailer. Contact: carly Buggy 484-385-2913 ( office ) cbuggy @ briancom.com competitor,! 2002 - 2023 the horatio Alger Association of Distinguished Americans, Inc. All Rights Reserved Mack Dealer or.. Prickly Pear Restaurant - Ann Arbor her endorsements and making public appearances as well as herself... 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Opportunities afforded to them by the free-enterprise system through hard work, honesty and determination success! Christopher, and theyre excited about it on social media platforms methodology: the Bloomberg Billionaires Index is david thompson tec equipment net worth. # 44 was retired news, articles, and Wabash dealership in Redmond, or most her! Of such an important organization and look forward to getting to know its exceptional Scholars..... Monetizing herself on social media platforms about it scholarship programs, he enjoys skiing, traveling boating. Streamline the leasing support business and reduce logistical friction for easy, efficient customer experiences formally inducted the... California and into Washington, Nevada and Arizona entrepreneurship and being customer-driven be. Be split equally amongst the three charities and 5 March 2023 will be split equally the. 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Car loan of $ 1 million in 2023, with a network of Members that excited! You a reset link s premier, multi-point, full-service truck and trailer dealerships in the United States s people.

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