PACCAR Inc ·PCAR

Brand presidents run trucks; CEO sits above a divisional stack

Motor Vehicles & Parts · Fortune #133 · Divisional structure · 30K employees · Bellevue, WA

View as of:
5
CEO span
↓ tighter than peers (avg 10)
2.6
Avg span
moderate
4
Max depth
4 levels
3.2 yr
Avg tenure
↓ 1.0yr from FY2024
80%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$28.4B
Net income
$2.4B
Total assets
$44.3B
Shares out
526M

Sourced from PACCAR Inc DEF 14A · filed 2026-03-18 ↗ View on SEC

Interactive org chart

PACCAR Inc organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Brand presidents and regional leaders run PACCAR’s truck businesses under a lean corporate center, with the CEO overseeing a clearly divisional stack. This page maps PACCAR’s executive structure, recent leadership changes, and how its governance compares with global truck manufacturing peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal C. Michael Dozier departed as Executive Vice President

Announced retirement effective April 1, 2026.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a Chief AI Officer role reporting to the CEO to coordinate automation, autonomous systems and data strategy across brands.
  • President Departs: Succession Model the impact of the President role becoming vacant and redistributing corporate functions back to the CEO.

Atlas work this supports

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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

R. Preston Feight

Chief Executive Officer

Executive

6 yr

25 reports

internal

Kevin D. Baney

President

Executive

0 yr

12 reports

internal

Brice J. Poplawski

Senior Vice President & Chief Financial Officer

Finance

3 yr

6 reports

internal

W. Lance Walters

Vice President, International Operations

Operations

0 yr

6 reports

internal

M. K. Walton

Vice President & General Counsel

Legal

4 yr

4 reports

internal

Raja Shembekar

Vice President, International Business Development

Strategy

1 yr

4 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 3 named executive officers disclosed. Bar length scales with total compensation.

R. Preston Feight $19.5M
Non-equity incentive
$6.83M
Pension change
$2.51M
Other
$18K
Fiscal year
FY2025
Brice J. Poplawski $2.2M
Non-equity incentive
$259K
Pension change
$685K
Other
$18K
Fiscal year
FY2025
Kevin D. Baney $3.8M
Non-equity incentive
$597K
Pension change
$788K
Other
$18K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements
Director cash retainer

Non-employee directors are expected to hold five times their annual cash retainer in company stock.

HolderShares% of class
R. Preston Feight 468K<1%
Brice J. Poplawski 25K<1%
Kevin D. Baney 62K<1%

The businesses

How PACCAR Inc divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Truck Segment

20K employees

Chief Executive Officer (R. Preston Feight)

Designs and manufactures Kenworth, Peterbilt and DAF commercial trucks worldwide.

Parts Segment

6K employees

President (Kevin D. Baney)

Distributes aftermarket parts through a global dealer and TRP network.

Financial Services

3K employees

Senior Vice President & CFO (Brice J. Poplawski)

Provides financing and leasing for PACCAR trucks and equipment.

The thesis

Why this org is unusual

PACCAR’s most distinctive feature is that its core truck businesses operate as strong brands beneath a relatively small corporate center, with the CEO overseeing a divisional stack rather than a heavy functional matrix.

The chart shows a President role elevated in 2026, consolidating corporate manufacturing, engineering, IT and HR, while brand and regional operations remain separated below. This preserves autonomy for Kenworth, Peterbilt and DAF while keeping capital allocation and governance centralized.

Compared with many global manufacturers, PACCAR’s CEO span is moderate and the structure remains only four levels deep. Finance, Legal and International Operations report directly to the CEO, but most operational leverage sits with the President and regional VPs. Recent retirements among long‑tenured EVPs reduced executive layer thickness, reinforcing a leaner top team.

  • President role elevated in 2026
  • No standalone COO
  • Divisional truck brands with centralized finance

The comparison

How PACCAR Inc stacks up

Relative to peers like Daimler Truck and Volvo Group, PACCAR maintains a more compact corporate center and relies more heavily on brand-led execution. European peers typically place brand CEOs directly under the group CEO, whereas PACCAR interposes a President role to coordinate shared services. Compared with U.S. …

C-suite size

PACCAR Inc
6
Daimler Truck
9
Volvo Group
10
Traton
8

Reporting depth

PACCAR Inc
4 levels
Daimler Truck
5 levels
Volvo Group
6 levels
Traton
5 levels
5 levels
6 levels

Avg C-suite tenure

PACCAR Inc
3 yr
Daimler Truck
4 yr
Volvo Group
5 yr
Traton
3 yr

Has COO / Has CAIO

PACCAR Inc — no COO — no CAIO
Daimler Truck ✓ COO — no CAIO
Volvo Group ✓ COO — no CAIO
Traton — no COO — no CAIO
Cummins — no COO — no CAIO
Caterpillar ✓ COO — no CAIO

Current signals

What changed recently

The most consequential change was Kevin Baney’s promotion to President in January 2026, reshaping PACCAR’s top operating layer.

  • departed
    C. Michael Dozier Executive Vice President

    Announced retirement effective April 1, 2026.

    Source
  • promoted
    W. Lance Walters Vice President, International Operations

    Promoted effective April 1, 2026 with expanded regional responsibilities.

    Source
  • promoted
    Kevin D. Baney President

    Promoted to President effective January 1, 2026.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-18
CEO
R. Preston Feight
CEO span
5
C-suite
6
Avg tenure
3.5 yr

Year marked by multiple planned executive retirements.

Named executive officers (6)
  • R. Preston Feight - Chief Executive Officer since 2019
  • H. C. Schippers - President & CFO
  • B. J. Poplawski - Senior Vice President & CFO
  • K. D. Baney - Executive Vice President
  • C. M. Dozier - Executive Vice President
  • D. C. Siver - Executive Vice President
FY2024
DEF 14A filed 2025-03-19
CEO
R. Preston Feight
CEO span
5
C-suite
5
Avg tenure
4.2 yr

Stable executive team ahead of 2025–2026 transitions.

Named executive officers (5)
  • R. Preston Feight - Chief Executive Officer since 2019
  • H. C. Schippers - President & CFO
  • B. J. Poplawski - Senior Vice President & CFO
  • K. D. Baney - Executive Vice President
  • C. M. Dozier - Executive Vice President
FY2023
DEF 14A filed 2024-03-20
CEO
R. Preston Feight
CEO span
5
C-suite
5
Avg tenure
4.8 yr

Legacy EVP cohort still intact.

Named executive officers (5)
  • R. Preston Feight - Chief Executive Officer since 2019
  • H. C. Schippers - President & CFO
  • T. R. Hubbard - Executive Vice President
  • C. M. Dozier - Executive Vice President
  • D. C. Siver - Executive Vice President

Year-over-year changes

FY2023 → FY2024

One EVP departure modestly reduced average tenure while overall structure remained stable.

  • CEO span: 5 → 5
  • C-suite size: 5 → 5
  • Avg tenure: 4.8 → 4.2 yr
  • departed T. R. Hubbard - Executive Vice President (was Executive Vice President) (DEF 14A 2025)
FY2024 → FY2025

Promotion of a President role and EVP retirements reshaped PACCAR’s top team.

  • CEO span: 5 → 5
  • C-suite size: 5 → 6
  • Avg tenure: 4.2 → 3.5 yr
  • promoted Kevin D. Baney - President (was Executive Vice President) (DEF 14A 2026)
  • departed C. M. Dozier - Executive Vice President (was Executive Vice President) (8-K Jan 16 2026)

The board

Board of directors

11 directors. 9 of 11 independent (82%). Source: most recent DEF 14A.

Mark C. Pigott

Chair Inside

Executive Chairman, PACCAR Inc

Director since 1994 · Age 72

R. Preston Feight

Inside

Chief Executive Officer, PACCAR Inc

Director since 2019 · Age 58

Also on: Deere & Company

Pierre R. Breber

Independent

Former CFO, Chevron

Director since 2024 · Age 61

Also on: Southwest Airlines, The Clorox Company

Dame Alison J. Carnwath

Independent

Senior Adviser, Evercore Partners

Director since 2005 · Age 73

Also on: Coller Capital Ltd.

Kirk S. Hachigian

Independent

Former CEO, Cooper Industries

Director since 2008 · Age 66

Also on: NextEra Energy, L3Harris Technologies

Brice A. Hill

Independent

CFO & CIO, Applied Materials

Director since 2024 · Age 59

Barbara B. Hulit

Independent

Senior Managing Director, Blackstone

Director since 2023 · Age 59

John M. Pigott

Independent

Partner, Beta Business Ventures

Director since 2009 · Age 62

Also on: ChemChamp North America

Luiz A. S. Pretti

Independent

Ganesh Ramaswamy

Independent

Mark A. Schulz

Independent

The board, organized

Board committees

3 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit Committee

100% independent 5 mtgs/yr
  • Dame Alison J. Carnwath Chair
  • Pierre R. Breber
  • Kirk S. Hachigian

Compensation Committee

100% independent 5 mtgs/yr
  • Kirk S. Hachigian Chair
  • Barbara B. Hulit
  • Brice A. Hill

Nominating and Governance Committee

100% independent 4 mtgs/yr
  • Dame Alison J. Carnwath Chair
  • Pierre R. Breber
  • Ganesh Ramaswamy

Frequently Asked Questions

Who is the CEO of PACCAR?

R. Preston Feight has served as PACCAR’s CEO since July 2019.

What type of organizational structure does PACCAR use?

PACCAR uses a divisional structure built around its truck brands and segments.

How many direct reports does PACCAR's CEO have?

PACCAR’s CEO currently has five direct executive reports.

How has PACCAR's leadership changed recently?

In 2026 PACCAR promoted Kevin Baney to President and saw the retirement of EVP C. Michael Dozier.

Does PACCAR have a COO?

No. PACCAR does not have a COO; operating coordination sits with the President and divisional leaders.

Sources

  • 8-K, Jan 16 2026
  • DEF 14A, Mar 18 2026
  • SEC EDGAR: PACCAR Inc DEF 14A Proxy Statement
  • SEC EDGAR: PACCAR Inc 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). PACCAR Inc organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/paccar/
MLA 9th
"PACCAR Inc Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/paccar/. Accessed .
Chicago 17
Creately. "PACCAR Inc Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/paccar/.
Original SEC source View on SEC ↗
PACCAR Inc. DEF 14A. Filed 2026-03-18. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/75362/000119312526113876/pcar-20260318.htm

Permanent URL: https://creately.com/org-chart/fortune-500/paccar/ · last updated 2026-04-01

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