San Antonio Movers and Shakers

W. Marvin Rush – 10/16/10

Chairman and Founder, Rush Enterprises, Inc.

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Marvin Rush was born in Houston, Texas on October 10, 1938 to Maurice and Gladys Rush, and at the age of 10, he embarked upon his first “enterprise.” With a $50 bank loan, he put a Coca-Cola vending machine in his father’s bus station. From that time until he graduated from Houston’s Reagan High School in 1957, he refined his business talents by working for his father and establishing several business on his own. After graduation, he set personal goals which included: become a General Motors dealer, own a bank, take a company public, and achieve over $1 billion in annual sales.

In 1965, Rush founded Rush Enterprises, Inc. with his first GM Truck store; soon after, he added his first Peterbilt franchise. He served as President from its inception until November 1995 when he took the role of Chairman of the Board and Chief Executive Officer. In 2006, his son Rusty Rush succeeded him as CEO, but Marvin Rush continues to serve as Chairman of the Board today.

Rush Enterprises, Inc. owns and operates the largest network of commercial vehicle dealerships in North America, representing truck and bus manufacturers including Peterbilt, International, Hino, Isuzu, Ford, Mitsubishi, UD, Autocar, Blue Bird, IC, Diamond and Elkhart. The Company’s dealerships are strategically located in high traffic areas on or near major highways in 14 states throughout the southern and western United States. These one-stop dealerships offer an integrated approach to meeting customer needs — from sales of new and used vehicles to aftermarket parts, service and body shop operations plus a wide array of financial services, including financing, insurance, leasing and rental. The company also operates vocational specialty businesses serving the refuse, crane and towing markets, vehicle up-fitting, parts and accessories and tires. The corporation is traded on NASDAQ under the symbols RUSHA and RUSHB. For more information, please visit www.rushenterprises.com.

In 1993, Marvin Rush purchased his first bank, and his investment success continues, as he currently serves on the Board of TexStar national Bank in San Antonio, Texas where he is a major stock holder.

“A self-made man” is appropriate in describing Marvin Rush. Marvin has led his company through astonishing growth and change during the last 45 years. Growing from one location to over 100 locations and offices, Rush Enterprises is a dynamic company with about 3,000 employees and annual sales over $1.2 billion.

Marvin Rush resides in Seguin, Texas with his wife Barbara. Together they have 8 children. Marvin has received countless industry awards, most notably the 2007 Regional Award for Entrepreneur of the Year, ATD 2008 North American Truck Dealer of the Year and Northwood University Business Leader in 2009. He currently serves on the board of the National Automobile Dealers Association, American Truck Dealers Division and as a director on the board for the Texas Department of Motor Vehicles.

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