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Penske Automotive Group, Inc. (PAG)

NYSE - Nasdaq Real Time Price. Currency in USD
140.84+1.45 (+1.04%)
As of 02:09PM EDT. Market open.
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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 Employees26,500

Key Executives

NameTitlePayExercisedYear Born
Mr. Roger S. Penske Sr.Chairman & CEO2.3MN/A1937
Mr. Robert H. Kurnick Jr.Pres & Director1.12MN/A1962
Ms. Michelle HulgraveExec. VP & CFO1.04MN/A1979
Mr. Shane M. SpradlinExec. VP, Gen. Counsel & Sec.1.34MN/A1970
Mr. Claude H. Denker IIIExec. VP of HR1.29MN/A1959
Mr. Richard A. HookExec. VP & Chief Information OfficerN/AN/A1975
Mr. Anthony R. PordonExec. VP of Investor Relations & Corp. Devel.N/AN/A1965
Ms. Tracy CassadyExec. VP of MarketingN/AN/A1973
Mr. George W. BrochickExec. VP of Strategic Devel.N/AN/A1945
Mr. Bernie WolfeExec. VP 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 in the United States and internationally. 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, 2023 is 3. The pillar scores are Audit: 1; Board: 6; 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.
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