Christensen replaces Caudill at Paccar

Paccar Inc. announced yesterday that Ed Caudill has resigned from his positions as Paccar vp and gm of Kenworth Truck Co. Bob Christensen, who had been vp/gm of Paccar Parts, has replaced Caudill. Caudill has accepted the position of president & CEO of Fleetwood Enterprises Inc, a manufacturer of recreational vehicles and a producer and retailer of manufactured housing. He will begin his new position

Tim Parry

July 30, 2002

Paccar Inc. announced yesterday that Ed Caudill has resigned from his positions as Paccar vp and gm of Kenworth Truck Co. Bob Christensen, who had been vp/gm of Paccar Parts, has replaced Caudill.

Caudill has accepted the position of president & CEO of Fleetwood Enterprises Inc, a manufacturer of recreational vehicles and a producer and retailer of manufactured housing. He will begin his new position in mid-August, interim CEO David Engelman said.

Paccar Chairman & CEO Mark C. Pigott said in a company-wide release that Bill Jackson was promoted to fill Christensen's position. He has been assistant gm of Paccar Parts.

Pigott said Christensen and Jackson will both report to Paccar executive vp Tom Plimpton.