Every material Form 8-K Paccar filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PACCAR's board elected Craig R. Gryniewicz, 57, to succeed Todd R. Hubbard as Vice President of Global Financial Services. Hubbard announced his retirement on December 10, 2024, after 17 years of service, effective February 14, 2025. The filing describes a routine senior-officer succession and does not report any change to financial results or guidance.
Todd R. Hubbard announced his retirement on December 10, 2024, after 17 years at PACCAR; it takes effect February 14, 2025.
The board elected Craig R. Gryniewicz, 57, on December 10, 2024, to succeed Hubbard as Vice President of Global Financial Services.
Gryniewicz has served as President of PACCAR Financial Corp. since December 4, 2018.
PACCAR reported third quarter 2024 net income of $972.1 million ($1.85 per diluted share), down from $1.23 billion ($2.34 per diluted share) a year earlier, on revenue of $8.24 billion versus $8.70 billion. Lower truck and financial services pretax income drove the decline, while parts pretax income was roughly flat. For shareholders, the quarter's earnings and revenue both fell year over year, though nine-month net income rose because the 2023 period included a $446.4 million after-tax European litigation charge.
Q3 2024 net income of $972.1 million ($1.85 per diluted share) vs. $1.23 billion ($2.34) in Q3 2023
Q3 2024 revenue of $8.24 billion vs. $8.70 billion in Q3 2023
Truck pretax income of $630.8 million vs. $960.9 million; PACCAR Parts $406.7 million vs. $412.3 million
Nine-month 2024 net income of $3.29 billion ($6.25 per diluted share) vs. $3.18 billion ($6.07) in 2023
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Paccar filing is on SEC EDGAR ↗. 8-K briefs of other companies →