"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. He has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. 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. 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. 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. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Home. Equipment; Master Scuba Diver; Scuba Trips. Net Worth is calculated using the formula given below. 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. Alexandria, VA 22314. "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. awards Thomson is the co-chairman of Woodbridge, the . Today, David is joined by his three sons, David O., Chris, and William. A negative net worth suggests there are parts of your financial life you. The safe play was to pass, Thompson recalled. 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. 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 about Horatio Alger Association and its Member Class of 2020, please visit www.horatioalger.organdfollow the organization on Facebook, Twitter and Instagram. I am honored to become a part of such an important organization and look forward to getting to know its exceptional Scholars.". 1996-2022 Davis Wright Tremaine LLP. Headquartered in Portland, Oregon, TEC. 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. "Because it is not just a scholarship it comes with a network of Members that are excited to mentor and guide them. About the author David I. Bainbridge is Emeritus Professor of Business Law at Aston Business School, Aston University and an honorary member of Hardwicke Building, Lincoln's Inn. *All monies raised between 20 February and 5 March 2023 will be split equally amongst the three charities. 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. Each owner represents a unique perspective that provides interrelated skills, further promoting rapport-building and driving consensus decisions. 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. Michael Jordan asked David Thompson to introduce him for him his NBA Hall of Fame induction. mba Sep 1976 - Present46 years 6 months. Amid stock market weakness and global economic certainty, Forbes said the total wealth of its billionaires list declined about US$400 billion from 2018 to US$8.7 trillion. That helped to build trust amongst colleagues and allowed the future leaders to understand the intricacies of the job and relate to the needs and challenges of employees. david thompson tec equipment net worth Permanently Closed - Prickly Pear Restaurant - Ann Arbor . Mr.Thompson and the Member Class of 2022 will be formally inducted into the Association on April 7-9, 2022, during the Associations 75thHoratio Alger Award Induction Ceremonies in Washington, D.C. Today, TEC Equipment, Inc. ranks among Volvos top dealers in North America. 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. The family also holds a stake in telecom giant Bell Canada and own the Toronto-based Globe and Mail newspaper. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. Fiber and Copper Multi Tester. 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. We have estimated David Thompson's net worth , money, salary, income, and assets. 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 Since its founding, TEC has remained a family-owned business. 2023 Forbes Media LLC. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. His home is worth $120,000. She is best known for her character as Lorraine Baines in the comedy film series Back to the Future trilogy. 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 also worships the God and participates in all festivals. David Thompson was born in Shelby . A flight, dinner, drinks and handshakes later, the deal was complete, the first business venture where all generational parties were full participants. Their proposition centered around the company and family mission for growth and their capacity to shoulder additional responsibility. Thomson's life is full of color and vibrancy. They own Cheveley Park Stud, which is one of the biggest and most successful thoroughbred stud farms in Europe. In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. 2751 SW Jefferson Way He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. KEY POINTS. David Anthony Thompson (born 12 September 1977) is an English football pundit currently working for the BBC. Each son sees themselves playing a key role in the future growth of TEC, and theyre excited about it. 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. Mr. Thompson was just 15 years old when he lost his father. $1 Million - $5 Million. 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. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. PADI Discover Tec; PADI Tec 40; PADI Tec 45; PADI TEC 50; Pro; Contact Us; Calendar; Store; February 27, 2023 By palmetto state law enforcement officers association. Answer (1 of 14): It depends on why the name changed and whether you're trying to make a point about it. 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 second generation started working at TEC as teenagers doing menial labor. 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. TEC Oakland is open 7 a.m. to 5 p.m. Monday through Friday. Thompson played as a midfielder, though he had to retire aged 29 through an osteochondral defect of the left knee sustained at age 25. Record Breaking Contract: In 1978 David signed what was then a record-breaking contract for the NBA. 2012 Acquired Volvo in Seattle, followed by Mack 6 months later. David Thompson played his college basketball at NC State and his #44 was retired. The hype around AI has everyone reconsidering what the future holds for different industries like programming, journalism, and education. 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. We provide convenient access to multiple locations, premium products, parts and service. 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. Thompson was drafted #1 overall by the Atlanta Hawks in the 1975 NBA Draft and was also #1 in the ABA draft. "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. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. TEC Equipment raised a total of $5 M in funding over 1 rounds. Prior results do not guarantee a similar outcome. 1. 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. TEC Equipment's CFO is Kelly Knox How do I contact TEC Equipment? #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . Horatio Alger Award Induction Ceremonies in Washington, D.C. . XDSL Tester Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. The car he owns is about $20,000. "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. Today, with 25 facilities in 21 cities, TEC Equipment owns all the Volvo & Mack Truck franchises in Oregon, Washington, Nevada and . Mr. Thompson and the Member Class of 2020 will be formally inducted into the Association on April 2-4, 2020, during the Association's 73rd Horatio Alger Award Induction Ceremonies in Washington, D.C. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. * All three Thompson sons earned business degrees from Oregon State, and have since been involved with the College of Business. 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. 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. Gavin Newsom (D) blocked the move. 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. Thompson was the ABA Rookie of the Year, an ABA All-Star, the ABA All-Star Game MVP, and made the ABA All-Time Team. WASHINGTON, Dec. 10, 2019 /PRNewswire/ --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 David A. Thompson, president and CEO of TEC Equipment, Inc., has been selected for membership in this prestigious organization. He is a part owner of the NHL's Winnipeg Jets, and his family's holding company has a minority stake in the Montreal Canadiens. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. Our focused strategy has yielded over 40 years of market share growth and financial stability. David W. Thompson. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. As the West's leading full-service truck and trailer . 1990 Acquired first franchise, a factory-owned Mack dealership in Portland, OR. Like Association Members, Horatio Alger Scholars have faced significant adversities, but have also displayed unmatched resilience in overcoming their challenges. "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. 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. Four-time NBA All-Star who was selected first overall in the 1975 NBA Draft. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Company size: 501-1000 employees. Review this Movie. Thomson became the chairman of Thomson Corporation and inherited his father's British title, Baron Thomson of Fleet. 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. Benzinga does not provide investment advice. 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. 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. It is the route many of our original customers traveled and on which they continue to operate today. Here's a list of some of the top trending technologies and APIs used by TEC Equipment. 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. Total Liabilities = $55.9 Bn + $32.7 Bn + $10.3 Bn + $12.0 Bn + $102.5 Bn + $45.2 Bn. He currently resides in Shelby, North Carolina, USA. TEC Equipment is a Motor Vehicles, Transportation, and Retail company located in Portland, Oregon with $274.00 Million in revenue and 516 employees. Net Worth in 2023: $16 million. 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. cortland 444 peach fly line review; jackapoo for sale yorkshire; stephanie parlane age; economics chapter 4 demand practice in graphs answers 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 struggled with drugs and alcohol later in life but eventually got clean. David Thompson's income source is mostly from being a successful Player. 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. Founded: 1976. future students of the largest heavy-duty truck and trailer dealerships in the, , said Terrence J. Giroux, executive director, Horatio Alger Association. 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. David A. Thompson, President and CEO of TEC Equipment, Inc., to Receive 2022 Horatio Alger Award . TEC Equipment was founded in 1976 by David Thompson. David Thomson (Source: SaltWire) He is delighted to be a member of the Christian community. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. has been selected for membership in this prestigious organization. Welcome visitor you can state of oregon mileage reimbursement rate 2021 99 Canal Center Plaza, Suite 320 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. 2016 Added Wabash Trailer franchise dealership in Phoenix, AZ. Lea Thompson is a popular actress, director, and television producer from America. 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. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. Mr.Thompsonis passionate aboutbetteringhiscommunityandproviding those in need with valuable opportunities and support. corporate partners As of February 2023, David Thomson's net worth is estimated to be roughly $50 Billion. For more information, please visitwww.horatioalger.org. 2015 Added Wabash Trailer franchise in Stockton, CA, building a new state of the art facility. This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealershipandgot a job as a truck driver. 1983 Transitioned to TEC Equipment, Inc. 1990 Acquired first franchise . Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. CONTACT: Carly Buggy 484-385-2934 (office) [emailprotected]. In 2008, he became the chairman of the merged entity, Thomson Reuters. 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. She receives most of her income from her diverse, well-paying career. ALL RIGHTS RESERVED. cbuggy@briancom.com, David A. Thompson, President and CEO ofTEC Equipment, Inc.,to Receive 2022 Horatio Alger Award, 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. 2002 Continued to grow at a robust pace with the addition of the Volvo and GMC Los Angeles franchises and a used truck center in San Bernardino, CA. A positive net worth indicates your assets outweigh your liabilities, meaning you're on track to building wealth. David O took an interest in the family business from a young age, working in a variety of roles around the dealerships as a teenager until he joined the company full-time in 2010. 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. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. 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. He won the NCAA championship in 1974 and was named NCAA Final Four Most Outstanding Player. . She also starred as Kathryn Kennish in the drama television series Switched at Birth from . TEC Equipment Jun 2010 - May 2013 3 years. Swathi Veldandi Design Studio. After a year. 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. Copper Cable Tester. We are thrilled to welcome David as a Member.". He has seen TEC from many angles, working in the warehouse, on the maintenance team, as an insurance agent and now as director of TEC Development. "It was clear from their nomination that David Thompson and his team at TEC have made a commitment to their employees and the communities they serve," said Jason Cannon, Successful Dealer online editor. Oregon business After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. 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. Fiber and Copper Multi Tester. All net worths are calculated using data drawn from public sources. Linda also bags quite vast amounts of money from her endorsements and making public appearances as well as monetizing herself on social media platforms. Center for Family Enterprise He is from American. 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. 1976 David Thompson founded Thompson Equipment Company. Mr. Thompson is passionate about bettering his community and providing those in need with valuable opportunities and support. 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. Traveled and on which they continue to operate today have estimated David Thompson & # x27 s. 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