PAG - Penske Automotive Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Penske Automotive Group, Inc.

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

SectorConsumer Cyclical
IndustryAuto & Truck Dealerships
Full Time Employees26,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Roger S. Penske Sr.Chairman, CEO & Diector1.54MN/A1937
Mr. Robert H. Kurnick Jr.Pres & Director853.07kN/A1962
Mr. John D. Carlson Jr.Exec. VP, & CFO800.97kN/A1970
Mr. Shane M. SpradlinExec. VP, Gen. Counsel & Sec.839.15kN/A1970
Mr. Claude H. Denker IIIExec. VP of HR780.09kN/A1959
Amounts are as of December 31, 2016 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. operates as a transportation services company. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand. The company engages in the sale of new and used motor vehicles of approximately 40 brands; and provision of vehicle services and collision repair services. In addition, it is involved in the sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, and replacement and aftermarket automotive products. Further, the company distributes commercial vehicles and parts to a network of approximately 70 dealership locations, including 8 company-owned retail commercial vehicle dealerships. As of December 31, 2017, it operated 343 automotive retail franchises, of which 155 franchises are located in the United States; and 188 franchises are located outside of the United States primarily in the United Kingdom. The company also operated 20 dealerships locations of heavy and medium duty trucks, offering primarily Freightliner and Western Star branded trucks, as well as a range of used trucks, and services and parts. Penske Automotive Group, Inc. is headquartered in Bloomfield Hills, Michigan.

Corporate Governance

Penske Automotive Group, Inc.’s ISS Governance QualityScore as of April 1, 2018 is 6. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 3; 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.