PACCAR Vice President Todd R. Hubbard Announces Retirement; Craig R. Gryniewicz Named Successor

PACCAR Inc. (NASDAQ: PCAR) recently disclosed in an 8-K filing that Todd R. Hubbard, the Vice President of Global Financial Services, will be retiring from the company. Hubbard has dedicated 17 years of service to PACCAR, with his retirement set to take effect on February 14, 2025.

Following Hubbard’s decision, the Board of Directors has appointed Craig R. Gryniewicz, aged 57, to succeed Hubbard in the role of Vice President of Global Financial Services. Gryniewicz’s previous experience includes serving as President of PACCAR Financial Corp. from December 4, 2018, and prior to that, holding the position of Assistant General Manager – Sales and Marketing for PACCAR Financial Corp.

These changes were reflected in the company’s recent filing with the Securities and Exchange Commission. PACCAR, a leading manufacturer of light, medium, and heavy-duty trucks, operates from its headquarters in Bellevue, Washington.

The transition in leadership comes as part of PACCAR’s ongoing commitment to ensuring a smooth succession process and maintaining operational continuity within the organization. PACCAR’s focus remains on delivering high-quality products and services to its customers worldwide.

As per the report, these changes in leadership were officially recorded on December 10, 2024. The filing signifies a strategic move in the company’s management structure, aimed at sustaining its market position and further enhancing its financial services capabilities.

In conclusion, PACCAR sets the stage for a new chapter with the upcoming retirement of Todd R. Hubbard and the appointment of Craig R. Gryniewicz. The company continues to navigate the evolving landscape of the global financial services industry with a steadfast commitment to excellence and customer satisfaction.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read PACCAR’s 8K filing here.

About PACCAR

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods.