Form 8-K




Washington, D.C. 20549







Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 14, 2017




(Exact name of registrant as specified in its charter)





Delaware   001-14817   91-0351110

(State or other jurisdiction

of incorporation)



File Number)


(IRS Employer

Identification No.)

777 106th Avenue NE, Bellevue, WA 98004

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (425) 468-7400



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for

complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(c) The PACCAR Board of Directors elected Harrie Schippers, 55, as President and Chief Financial Officer of the Company, effective January 1, 2018. Mr. Schippers has served as Executive Vice President and Chief Financial Officer since February 1, 2017 and prior to that was Senior Vice President of the Company from April 1, 2016 to January 31, 2017. Mr. Schippers was President of DAF Trucks N.V. from 2010 to March 31, 2016.

As President and Chief Financial Officer, Mr. Schippers will receive an annual salary of $800,000, and will be eligible for annual variable compensation.

On December 14, 2017, PACCAR issued a press release announcing the election of Mr. Schippers attached as Exhibit 99.1 to this report.


Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

The following are furnished as Exhibits to this Report.





99.1    Press release of the Company, dated December 14, 2017

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


      PACCAR Inc
Date: December 14, 2017     By:  

/s/ D. S. Grandstaff

      D. S. Grandstaff
      Vice President and General Counsel