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Penske Automotive Group, Inc. (PAG)

NYSE - NYSE Delayed Price. Currency in USD
152.96-0.34 (-0.22%)
At close: 04:00PM EDT
152.96 0.00 (0.00%)
After hours: 05:48PM EDT

Penske Automotive Group, Inc.

2555 Telegraph Road
Bloomfield Hills, MI 48302-0954
United States
248 648 2500
https://www.penskeautomotive.com

Sector(s)Consumer Cyclical
IndustryAuto & Truck Dealerships
Full Time Employees28,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Roger S. Penske Sr.Chairman & CEO2.3MN/A1938
Mr. Robert H. Kurnick Jr.President & Director1.12MN/A1962
Ms. Michelle HulgraveExecutive VP & CFO1.04MN/A1980
Mr. Shane M. SpradlinExecutive VP, General Counsel & Secretary1.34MN/A1970
Mr. Claude H. Denker IIIExecutive Vice President of Human Resources1.29MN/A1959
Mr. Richard A. HookExecutive VP & Chief Information OfficerN/AN/A1976
Mr. Anthony R. PordonExecutive VP of Investor Relations & Corporate DevelopmentN/AN/A1966
Ms. Tracy CassadyExecutive Vice President of MarketingN/AN/A1974
Mr. George W. BrochickExecutive Vice President of Strategic DevelopmentN/AN/A1945
Mr. Bernie WolfeExecutive Vice President of Western Region U.S OperationsN/AN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

Corporate Governance

Penske Automotive Group, Inc.’s ISS Governance QualityScore as of March 1, 2024 is 3. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 4; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.