Summary
PACCAR Inc (PCAR) has announced significant leadership changes effective January 1, 2026, as detailed in their recent 8-K filing. Kevin D. Baney will be promoted to President of the Company, taking on expanded responsibilities that include oversight of PACCAR Parts in addition to his current duties. Mr. Baney brings extensive experience, having served as Executive Vice President and with 31 years at PACCAR in various leadership roles across its divisions. Furthermore, John N. Rich is elevated to Executive Vice President and Chief Technology Officer, where he will spearhead global technology initiatives and oversee Peterbilt Motors Company. Mr. Rich's background includes a long tenure at Ford Motor Company with a focus on advanced technologies. These appointments signal a strategic focus on continued growth and technological advancement within PACCAR's core operations and emerging areas.
Key Highlights
- 1Kevin D. Baney appointed as the new President of PACCAR Inc. effective January 1, 2026.
- 2Mr. Baney's new role will include direct responsibility for PACCAR Parts, in addition to his existing oversight of DAF Trucks, PACCAR Financial Services, and Investor Relations.
- 3John N. Rich promoted to Executive Vice President and Chief Technology Officer, effective January 1, 2026.
- 4Mr. Rich will lead PACCAR’s global technology initiatives and will have responsibility for Peterbilt Motors Company.
- 5Laura J. Bloch will maintain responsibilities for Kenworth Truck Company, Corporate Quality, and Purchasing, and will also assume responsibility for Dynacraft.