Big Rigs Posh Digs Fast Cars Dark Bars! The GreedDriven SexEnhanced Ride That Cost Arrow Trucking Company $90 Million and Its Life! eBook Charles H Hood
Download As PDF : Big Rigs Posh Digs Fast Cars Dark Bars! The GreedDriven SexEnhanced Ride That Cost Arrow Trucking Company $90 Million and Its Life! eBook Charles H Hood 
This is the true story of crime and "road rage" in the executive suite of one of America's leading trucking companies. The story begins when the highly regarded founder and owner of the Arrow Trucking Company is killed in a hunting accident. His widow then appoints their only son, Douglas, to be the new CEO. His only qualification is that he is known to be "the apple of his mother's eye." He had no experience in anything. He had only a high school education and had never worked a day in his life. He was best known as a young, wealthy and very arrogant party boy. He was further described as being an "egotistical jerk." Accordingly, the end of the story is predictable. No one could have predicted the shocking events that played out along the way.
At the time of his father's death, the company owned over 1,200 tractors and 1,400 flatbeds, and had negligible debt. The company had more than 1,400 employees. Revenues exceeded $250 million annually. Eight years later audits showed $8.55 million in assets and $99.97 million in liabilities. It proved to be one hell of a ride.
It didn't take long for "Dougie" to live up to his reputation. His employees soon referred to Doug Pielsticker as "Smug Pigstinker." Respect for this new leader was as impossible to find, as was the leader himself. On his first day on the job he arrived in his chauffeur-driven limousine promptly at 1045 a.m. It was to become his nearly-everyday starting time. His first task was to clean out his father's office. And, clean-out he did, tossing everything but the furniture, inclusive of all of the family pictures. He was far more interested in his inheritance than his heritage. He was also much more interested in furthering his personal lifestyle. And, he was in the right place. Later audits indicated he trucked out nearly $40 million -- all to his personal accounts in support of his lifestyle.
He then fired nearly all of his dad's management team and replaced them with his own drinking, partying pals. Immediately the downhill ride commenced. With Doug behind the wheel and his pals on board, corporate assets began to disappear. Audits later discovered they had been hauled to the personal accounts of this new CEO and his new-found "partners in crime."
Some of the more entertaining stories within this story include the gift of a new Porsche to a stripper he just saw perform in a bar; his ensuing marriage to the stripper who leaves him for a television news anchor who was the wife a prominent Tulsa businessman; his need for in-home help to maintain his closet and change light bulbs; the content of his frequent $80,000 monthly charges to his company issued American Express card; and much, much more.
Big Rigs Posh Digs Fast Cars Dark Bars! The GreedDriven SexEnhanced Ride That Cost Arrow Trucking Company $90 Million and Its Life! eBook Charles H Hood
As a former employee of Arrow Trucking I thought this book was fairly accurate but in my opinion there are critical events missing. This was a study in the sociology of corporate America when the organization becomes totally imbalanced by one individual. I thought there was far more to tell about the mindset that caused executive management outside of the CEO's office to do what they did. There wasn't so much a lack of experience but the strongest form of denial that I have ever witnessed in more than 30 years in the corporate world.Product details
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Big Rigs Posh Digs Fast Cars Dark Bars! The GreedDriven SexEnhanced Ride That Cost Arrow Trucking Company $90 Million and Its Life! eBook Charles H Hood Reviews
I was acquainted with the family so it was a real eye opener on what not to do with your kids !!
Knowing the family made it very interesting to us. Must say we agree with the book on his attitude.
Good read but a tragic story of greed. I say 7 years is not enough. He should owe one year for reach year of excessive spending on the company dollar.
Doug will never know what it's like to be a real man. To have to work with his own money, thanks to mom.
This true story is what has happened to our trucking industry of America. Well done. The history of change, as well as greed.
I bought this book after hearing about it on a pod cast (Car Stuff).
I didn't know anything about Arrow trucking, and it sounded quite interesting.
What happened to Arrow trucking was interesting; I'm not sure if this book contains anything you can't find online.
I found the author's comments at the end of each chapter a little off putting.
I heard this book referenced in a podcast and so I bought it and read it because it sounded interesting. It was interesting, but it seemed to be lacking a lot of background details. Perhaps those details were not available as the main actors in the book are not making this information available. There were obviously a lot of legal issues in the situation.
A sad story for the employees.
As a former employee of Arrow Trucking I thought this book was fairly accurate but in my opinion there are critical events missing. This was a study in the sociology of corporate America when the organization becomes totally imbalanced by one individual. I thought there was far more to tell about the mindset that caused executive management outside of the CEO's office to do what they did. There wasn't so much a lack of experience but the strongest form of denial that I have ever witnessed in more than 30 years in the corporate world.
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