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This profile was last updated on 9/26/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Thomas L. Teague

Wrong Thomas L. Teague?

President and Majority Owner

Salem Holding Company
Phone: (571) ***-****  
Salem Corp
4350 Idlewild Industrial Dr.
Winston-Salem , North Carolina 27105
United States

Company Description: Salem Leasing Corporation (DBA Salem NationaLease) has provided quality transportation services to customers throughout the United States for more than 45 years. A...   more
Background

Employment History

Board Memberships and Affiliations

37 Total References
Web References
Professional Bull Riders - PBR Officers
www.pbr.com, 28 July 2014 [cached]
Thomas L Teague
...
Thomas L. Teague PBR Board of Directors
Thomas L. Teague
Thomas L. Teague, president and majority owner of Salem Holding Company, is a native of Burlington, North Carolina. Mr. Teague began his business career with Southern Bell Telephone Company, where he was employed in marketing. In 1966, Mr. Teague joined Salem Equipment Leasing Company to start the full service leasing operation which subsequently became Salem Leasing Corporation. Salem Leasing Corporation and Salem Carriers, Inc., which is engaged in full service truck leasing and dedicated contract carriage, are wholly owned subsidiaries of Salem Holding Company.
Mr. Teague is also a partner in Invemed Associates, a New York investment banking firm. He is a stockholder and director of Professional Bull Riders, Inc. Mr. Teague is active in the National Truck Leasing System, having served as chairman and as a director. He has previously served on the boards of Baby Superstore, the Congressional Sportsmen's Foundation, the American Bucking Bulls, Inc., and the Winston-Salem boards of Bank of America and First Union National Bank. He also served as a member of the Board of Visitors of the Wake Forest University Baptist Medical Center. He is a life member of the North Carolina Wildlife Resources Commission, the Safari Club International, the National Rifle Association, the Foundation for North American Wild Sheep, and the Grand Slam Club.
Mr. Teague and his wife Penny live in Winston-Salem, North Carolina. He owns ranches in Graham, North Carolina, Leon, Iowa, Artesia Wells, Texas, and Crystal City, Texas. He has three sons.
Teague will receive Jim ...
southpointcasino.com [cached]
Teague will receive Jim Shoulders Award on Oct. 23
PUEBLO, CO - The Professional Bull Riders is pleased to announce that the 2012 recipient of the Jim Shoulders Lifetime Achievement Award is Thomas L. Teague.
"Jim Shoulders played a significant role in the PBR, and Tom Teague is a deserving recipient of this award," PBR Chairman and CEO Jim Haworth said.
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"Tom's role in our sport stretches from the boardroom to the bull pens, and without his involvement, we would not have achieved the success that we have."
Teague will be honored along with Mike White and Ross Coleman, who are being inducted into the PBR Ring of Honor, as part of the PBR Heroes & Legends Celebration on Oct. 23 at South Point Hotel, Casino & Spa in Las Vegas.
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Teague became a stockholder and member of the PBR Board of Directors in 2000 when he paid $3.1 million to help the PBR secure its television rights. He also played a key role in helping the PBR begin its partnership with NBC, which televised the first PBR event in 2001, and has televised regular-season Built Ford Tough Series events and the PBR Built Ford Tough Finals since 2002.
"Tom Teague stepped in and made an investment in the PBR that was the beginning of a long and very successful relationship," Lambert said. "If Tom hadn't stepped in when he did, we couldn't have done what we've done the last several years. Everyone in the sport of rodeo, and especially bull riding, is better off because Tom got involved with the sport.
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Born in 1941 in Burlington, N.C., Teague was the son of a tenant farmer. He says his family was poor, but never went without food or had to accept government aid. He began his business career selling seeds when he was in the first grade, and later added a newspaper route. He attended Elon College, but did not finish his freshman year. He began working as a salesman, first for Blue Crown spark plugs and then the Yellow Pages. After selling a Yellow Pages advertisement to a truck leasing company, the owner offered Teague a job.
He joined Salem Equipment Leasing Company in 1966, and started the full-service leasing operation, which subsequently became Salem Leasing Corporation. Salem Leasing Corporation and Salem Carriers, Inc., which is engaged in full-service truck leasing and dedicated contract carriage, are wholly owned subsidiaries of Salem Holding Company. Teague is president and majority owner of Salem Holding Company.
Teague is a partner in Invemed Associates, a New York investment banking firm, and is also active in the National Truck Leasing System, having served as chairman and as a director. He has served on the boards of Baby Superstore and the Congressional Sportsmen's Foundation, as well as the Winston-Salem, N.C., boards of Bank of America and First Union National Bank. Teague lives in Winston-Salem, N.C., with his wife, Penny. He owns ranches in Graham, N.C.; Leon, Iowa; Artesia Wells, Texas; and Crystal City, Texas. He has three sons.
2006 Stock Contractor of the Year ...
wranglernetwork.com, 16 April 2014 [cached]
2006 Stock Contractor of the Year Teague to sell bucking stock
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Tom Teague won the 2012 Jim Shoulders Award.
...
PUEBLO, Colo. ? Thomas L. Teague, owner of Salem National Leasing and Teague Bucking Bulls, LLC., announced today that after 15 years as a Professional Bull Riders stock contractor he will leave the business of raising bucking bulls.
In Fort Worth, Texas on June 3 at Will Rogers Coliseum, Teague, who was voted PBR Stock Contractor of the Year in 2006 as a part of Page & Teague Bucking Bulls, will hold a dispersal sale of his 2-, 3- and 4-year-old bucking bulls.
Teague co-owned the only three-time World Champion Bull (2002-2004) in PBR history, Little Yellow Jacket, whose likeness is replicated in bronze outside of the PBR's headquarters in Pueblo, Colo. He also co-owned the 2006 World Champion Bull Mossy Oak Mudslinger and 2005 World Champion Bull Big Bucks, as well as raised two-time World Champion Bull (2008, 2010) Bones.
"I've had a great run," said Teague.
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Teague was instrumental in helping the PBR secure its television rights in 2001 and helped establish the American Bucking Bull, Inc. (ABBI), the leading bucking cattle DNA registry in the world. He presently owns and will continue to own stock in the ABBI.
"This sport has seen incredible growth and I am very confident it will see even more growth in the future. The PBR bull riders and stock contractors deserve to be treated like world class professional athletes and I'll do whatever I can to help them make it. Teague added.
Teague's initial sale in June will be followed up in September 2014 with a mature cow and calf sale. In the spring of 2015 Teague will hold a heifer sale and set a date to sell his remaining 2013 bull calves.
"Tom is a world class stock contractor, businessman and the PBR's biggest supporter.
Team Pennington Bulls, owned by ...
www.penningtonseed.com [cached]
Team Pennington Bulls, owned by businessman Tom Teague, are raised and fed on Teague's ranch pastures with a variety of Pennington forage grasses and clovers.
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"Pennington Seed is already a household name for thousands of PBR fans who plant their lawns, food plots and pastures with the very best seed in the world," said Tom Teague, president of Teague Bucking Bulls and member of the PBR Board."The popularity of professional bull riding is growing rapidly, with an annual television audience that now exceeds 100 million viewers and many event sellouts, and the involvement of key sponsors like Pennington Seed is bound to take the sport to a new level each year."
A nationally recognized cattleman and hunter, Teague also owns and operates three large ranches in Iowa, Texas, and North Carolina, which feature some of the best deer hunting facilities and bucking bull production in the world.Much of his ranch and pastureland is planted with Pennington's MaxQ® toxin-free forage type tall fescue, as well as Durana and Patriot white clovers.
Pennington Seed has provided fields for the most watched games in sports, turf for top championship golf courses, wildlife seed mixes for the finest food plots and forages for quality livestock and championship bucking bulls.The same turf that served as center stage for professional football's biggest game is now enabling homeowners nationwide to transform their lawns into championship caliber turf.The same innovative Pennington forage products that Tom Teague grazes his championship bulls and livestock on is being used by a growing number of livestock farmers and ranchers across the country.
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