Retail | Wholesale | Food | Beverage 2023: DREW PARKER
CEO, CARTER MACHINERY, SALEM
Carter Machinery has deep roots in Virginia, tracing back to 1928, when Robert Hill Carter founded Virginia Tractor in Richmond. The company was the state’s first Caterpillar dealership, and it is still going today as an independent Caterpillar dealer, with more than 30 locations and around 2,300 employees in Virginia, West Virginia, Maryland, Delaware and Washington, D.C.
Parker is the eldest son of the dealership’s former owner and CEO, Jim Carter, taking over from his father as CEO in 2018. In 2020, the company purchased Baltimore-based Alban Tractor Co., expanding the business into Maryland, Delaware and D.C.
In January, Carter Machinery hosted Gov. Glenn Youngkin, who spoke about his proposed tax relief plan at the company’s newly opened Machine Rebuild Center. The company also recently sponsored the creation of a construction-oriented exhibit at the Don and Barbara Smith Children’s Museum in Roanoke, and a program that helps interest girls in construction careers.
Parker holds an undergraduate degree in finance from the University of Illinois Urbana-Champaign.