R. Preston Feight is the CEO of PACCAR Inc (NASDAQ: PCAR), one of the world’s largest manufacturers of premium commercial trucks. Feight has led PACCAR since July 2019, overseeing the parent company of Kenworth, Peterbilt, and DAF truck brands. A mechanical engineer by training and a licensed commercial truck driver, he spent over 26 years rising through the company after earlier stints at Ford and AlliedSignal. Under his leadership, PACCAR achieved its second-best financial year in 2024 with $33.7 billion in revenues, and the company has maintained its remarkable streak of profitability — 87 consecutive years without an annual loss.
Read on to discover PACCAR CEO email address, Preston Feight net worth in 2026, salary and compensation, career history, education, and more.
Preston Feight – Quick Facts
| R. Preston Feight — Key Information | |
|---|---|
| Full Name | R. Preston Feight |
| Age | 57 (born 1968) |
| Position | Chief Executive Officer |
| Company | PACCAR Inc (NASDAQ: PCAR) |
| CEO Since | July 2019 |
| Education | B.S. Mechanical Engineering, Northern Arizona University; M.S. Engineering Management, University of Colorado |
| Licenses | Licensed professional engineer; commercial truck driver |
| 2024 Total Compensation | $12.18 million |
| Net Worth (Est. 2026) | $29 million |
| Board Seat | Deere & Company (appointed 2024) |
| Headquarters | Bellevue, Washington |
Career Highlights
- 26+ years at PACCAR — rose from engineer to CEO, serving as Chief Engineer at Kenworth, General Manager of Kenworth, and President of DAF Trucks in the Netherlands
- Second-best year in history — led PACCAR to $33.7 billion in revenue and $4.16 billion in net income in 2024
- 87 consecutive profitable years — maintained the longest profitability streak of any major industrial company
- Autonomous trucking pioneer — advanced PACCAR’s partnership with Aurora Innovation for autonomous truck technology
- Record parts business — PACCAR Parts achieved record annual revenues of $6.67 billion in 2024
- Deere & Company board member — appointed to John Deere board of directors in 2024
Preston Feight Net Worth & Salary
As of early 2026, Preston Feight’s net worth is estimated at approximately $29 million, primarily based on his disclosed PACCAR stock holdings. He directly owns approximately 244,433 shares of PACCAR stock. In January and February 2026, Feight sold a total of 18,516 shares for approximately $2.28 million.
CEO Compensation Breakdown (FY2024)
| Component | Amount (USD) |
|---|---|
| Base Salary | $1,646,154 |
| Stock Awards | $4,537,500 |
| Stock Options | $2,093,216 |
| Non-Equity Incentive | $2,642,063 |
| Change in Pension Value | $1,243,176 |
| Other Compensation | $22,114 |
| Total Compensation | $12,184,223 |
Key Insight: Approximately 67% of Preston Feight’s target compensation is incentive-based, with about 50% tied to long-term performance metrics including net income growth, return on sales, return on capital, and total shareholder return. PACCAR’s say-on-pay approval was 94% in 2024. CEO pay was 189 times the median employee’s pay.
PACCAR Financial Summary
PACCAR is one of the most consistently profitable industrial companies in American history. Under Preston Feight’s leadership, the company achieved its second-best financial year ever in 2024.
| Metric | FY2024 | FY2023 | YoY Change |
|---|---|---|---|
| Revenue | $33.66B | $35.13B | ▼ -4.2% |
| Net Income | $4.16B | $4.60B | ▼ -9.6% |
| EPS (Diluted) | $7.90 | $8.76 | ▼ -9.8% |
| After-Tax Return on Revenue | 12.4% | 13.1% | ▼ -70 bps |
| Trucks Delivered | 185,300 | ~215,000 | ▼ -13.8% |
| Parts Revenue (Record) | $6.67B | $6.41B | ▲ +4.1% |
FY2025 Update: In 2025, PACCAR achieved annual revenues of $28.4 billion and adjusted net income of $2.64 billion — the fourth-highest profit year in company history and the 87th consecutive year of profitability. PACCAR Parts and PACCAR Financial Services each achieved record annual revenues.
PACCAR Competitors
PACCAR competes in the global heavy-duty truck manufacturing market. Key competitors include:
- Daimler Truck (Freightliner, Western Star) — largest truck manufacturer globally, ~35-40% U.S. Class 8 market share
- Volvo Group (Volvo Trucks, Mack Trucks) — major European and North American competitor across long-haul and vocational segments
- Traton Group / Navistar (International, Scania, MAN) — Volkswagen-owned subsidiary revitalizing Navistar with Scania powertrains
- CNHI Industrial (Iveco) — Italian-American industrial group
- Hino Motors (Toyota subsidiary) — medium-duty truck competitor
PACCAR CEO Email Address | Preston Feight Contact
Below are the official contact details for PACCAR CEO Preston Feight:
| Contact Information | |
|---|---|
| Email Address | [email protected] |
| Investor Relations | [email protected] |
| Corporate HQ | 777 106th Ave NE, Bellevue, WA 98004 |
| Phone | (425) 468-7400 |
| Website | paccar.com |
| IR Contact | Ken Hastings, Senior Director of Investor Relations |
Career & Education – Company, University, & College
R. Preston Feight’s career spans more than three decades in heavy truck engineering, manufacturing, and executive leadership. Below is his complete career timeline:
Preston Feight Career Timeline
| Period | Role | Company |
|---|---|---|
| Early Career | Engineer (6 years) | Ford Motor Company |
| Mid Career | Engineer (2 years) | AlliedSignal |
| ~1993 | Joined as Engineer | PACCAR |
| 2000s | Director of Product Planning; Chief Engineer | Kenworth Truck Co. |
| 2008–2012 | Chief Engineer | Kenworth Truck Co. |
| 2012–2014 | Asst. GM, Marketing & Sales | Kenworth Truck Co. |
| 2015–2016 | General Manager & VP | Kenworth Truck Co. |
| 2016–2018 | VP & President, DAF Trucks | DAF Trucks (Netherlands) |
| 2018–2019 | Executive Vice President | PACCAR Inc |
| Jul 2019–Present | Chief Executive Officer | PACCAR Inc |
| 2024 | Board of Directors member | Deere & Company |
Education
| University | Degree / Program |
|---|---|
| Northern Arizona University | Bachelor of Science in Mechanical Engineering |
| University of Colorado | Master of Science in Engineering Management |
Preston Feight Wiki – Age, Family, & More
PACCAR CEO Preston Feight (age 57) was born in 1968 and is based in the Seattle/Bellevue, Washington area where PACCAR is headquartered. His wife is Cindy Peterson. Feight is known for being an operationally focused leader who maintains close relationships with truck dealers and fleet customers.
One of the most distinctive facts about Feight is that he holds a commercial truck driver’s license and regularly drives the trucks his company manufactures. He believes that understanding the trucker’s experience firsthand is essential to building better products — making him one of the few Fortune 500 CEOs who literally drives his own company’s products on the highway.
In 2024, Feight was appointed to the Board of Directors of Deere & Company, reflecting his stature in the industrial sector. He is a licensed professional engineer in addition to holding his commercial driver’s license.
About PACCAR Inc
PACCAR Inc is an American multinational corporation headquartered in Bellevue, Washington. Founded in 1905, the company designs, manufactures, and distributes premium commercial trucks under three iconic brands:
- Kenworth — premium Class 8 trucks, founded 1923, headquartered in Kirkland, WA
- Peterbilt — premium Class 8 trucks, founded 1939, headquartered in Denton, TX
- DAF Trucks — European heavy-duty trucks, founded 1928, headquartered in Eindhoven, Netherlands
PACCAR also operates PACCAR Financial (truck financing and leasing), PACCAR Parts (aftermarket parts distribution), and PACCAR Leasing (PacLease). The company delivered 185,300 trucks worldwide in 2024 and trades on the NASDAQ under the ticker symbol PCAR. PACCAR has achieved 87 consecutive years of profitability, one of the longest streaks in American corporate history.
Frequently Asked Questions (FAQ)
Who is the CEO of PACCAR?
R. Preston Feight has served as CEO of PACCAR since July 2019. He previously served as Executive Vice President and held various leadership roles including President of DAF Trucks and General Manager of Kenworth Truck Company.
What is Preston Feight’s net worth?
As of 2026, Preston Feight’s net worth is estimated at approximately $29 million, primarily based on his disclosed PACCAR stock holdings of approximately 244,433 shares.
What is PACCAR CEO’s salary?
Preston Feight earned $12.18 million in total compensation for fiscal year 2024, including a $1.65 million base salary, $4.54 million in stock awards, $2.09 million in options, and $2.64 million in non-equity incentive pay.
What brands does PACCAR own?
PACCAR owns Kenworth, Peterbilt, and DAF truck brands, plus PACCAR Financial, PACCAR Parts, and PacLease. It is one of the world’s largest premium heavy truck manufacturers.
What is PACCAR CEO’s email address?
PACCAR CEO Preston Feight can be reached at [email protected]. The company’s investor relations email is [email protected] and the corporate headquarters phone number is (425) 468-7400.
Is PACCAR profitable?
Yes, PACCAR is one of the most consistently profitable industrial companies in history. In 2025, the company earned $2.64 billion in adjusted net income on revenues of $28.4 billion, marking its 87th consecutive year of profitability.
Article last updated: March 5, 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including SEC filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice.