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Doug Pielsticker: A Journey from Trucking to Oil Introduction
Doug Pielsticker is a businessman from Tulsa, Oklahoma, whose career began in the trucking industry and later transitioned into the oil sector. Formerly the CEO and owner of Arrow Trucking Company, Pielsticker’s rise to prominence was accompanied by significant challenges, culminating in legal issues that led to a brief incarceration. Today, however, he has rebounded, establishing himself as a successful entrepreneur in the oil industry.
Body
History: From Arrow Trucking to Legal Troubles
Doug Pielsticker came into the forefront as the leader of Arrow Trucking Company, a business originally founded by his father, Jim Pielsticker. Under Doug's leadership, Arrow grew rapidly, securing a prominent position in the U.S. trucking industry. However, despite its outward success, the company faced mounting financial difficulties. In 2009, Arrow Trucking abruptly ceased operations, leaving thousands of employees without jobs just before the holidays.
In 2015, Pielsticker was convicted of tax fraud and conspiracy to commit tax fraud in connection with Arrow's financial collapse. The charges involved falsifying records, tax evasion, and defrauding banks, resulting in a sentence of imprisonment . Despite these challenges, Pielsticker has since rebuilt his life and career.
Transition to the Oil Industry: A New Chapter
Following his release, Pielsticker transitioned into the oil industry, a natural pivot given the prominence of oil in Oklahoma's economy. He found success in this field, leveraging his business acumen and leadership experience to create new opportunities. Today, he operates in the oil sector, where his ventures have prospered, allowing him to regain his financial footing and reestablish his reputation in business .
Significance: Resilience and Reinvention
Doug Pielsticker's story is one of resilience and reinvention. After facing significant legal and personal challenges, he managed to adapt and thrive in a completely different industry. His experience in the trucking industry, combined with his entrepreneurial spirit, allowed him to succeed in the oil business, proving that setbacks can be temporary with the right mindset and determination .
Doug Pielsticker has been actively involved in several prominent organizations, reflecting his commitment to giving back. As the former president of the Heart Association, he played a key role in raising awareness and funds for heart disease research. He also contributed to wildlife conservation and education as a board member of the Tulsa Zoo. Additionally, through his membership in the Young Presidents Organization (YPO), Pielsticker has connected with global leaders, using his platform to support both business and philanthropic initiatives. His board work highlights a dedication to leadership and community service across diverse sectors. Infobox (Optional):
Name Doug Pielsticker Born Tulsa, Oklahoma Education: Regis College, University of Oklahoma, Executive MBA Southern Methodist University Former CEO of Arrow Trucking Company now President of Oilfield Tubulars, LLC Industry Oil, Trucking Legal Issues Convicted of tax fraud (2015) Current Role Oil industry entrepreneur Known For Resilience and business reinvention Personal Life Father James William Pielsticker Mother Carol Pielsticker Bump Four Children: Cruz Pielsticker, Grey Pielsticker, Gage Pielsticker, Lila Pielsticker
References
Source on Arrow Trucking's collapse Source on Doug Pielsticker's legal issues Source on Doug Pielsticker's current oil ventures Source on Doug's career pivot
Cite error: There are <ref> tags on this page without content in them (see the help page).https://www.freightwaves.com/news/breaking-former-arrow-trucking-ceo-released-from-prison-early-because-of-covid-19https://
Cite error: There are <ref> tags on this page without content in them (see the help page).www.justice.gov/usao-ndok/pr/former-arrow-trucking-executive-pleads-guilty-multi-million-dollar-fraud
Cite error: There are <ref> tags on this page without content in them (see the help page).https://swindledpodcast.com/podcast/38-the-family-business/
tulsa
Cite error: There are <ref> tags on this page without content in them (see the help page).https://tulsaworld.com/news/local/crime-and-courts/former-arrow-trucking-ceo-released-from-prison-to-go-to-home-confinement/article_e51e30a4-2f4f-5f24-9a4e-9280ae9d5cc8.html
Cite error: There are <ref> tags on this page without content in them (see the help page).https://www.oklahoman.com/story/business/2006/09/21/made-in-oklahoma-arrow-trucking/61857795007/
Cite error: There are <ref> tags on this page without content in them (see the help page).https://www.amazon.com/Greed-Driven-Sex-Enhanced-Trucking-Company-Million/dp/B008I4XSKO