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Penske Automotive Group, Inc. (PAG)

NYSE - NYSE Delayed Price. Currency in USD
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103.62-0.03 (-0.03%)
At close: 04:00PM EST
103.50 -0.12 (-0.12%)
After hours: 06:13PM EST
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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 Employees24,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Roger S. Penske Sr.Chairman & CEO979.55kN/A1937
Mr. Robert H. Kurnick Jr.Pres & Director533.58kN/A1962
Mr. Shane M. SpradlinExec. VP, Gen. Counsel & Sec.1.01MN/A1970
Mr. Claude H. Denker IIIExec. VP of HR968.45kN/A1959
Ms. Michelle HulgraveExec. VP & CFON/AN/A1979
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 CassidyExec. VP of MarketingN/AN/A1973
Mr. Hiroshi IshikawaExec. VP of International Bus. Devel.N/AN/A1963
Mr. George W. BrochickExec. VP of Strategic Devel.N/AN/A1945
Amounts are as of December 31, 2020 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. 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 engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products; and wholesale of parts. It also operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as a range of used trucks, and maintenance and repair services. In addition, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks, buses, and Dennis Eagle refuse collection vehicles with associated parts in Australia, New Zealand, and portions of the Pacific. Further, the company distributes diesel and gas engines, and power systems. The company operates 304 retail automotive franchises, including 142 franchises located in the United States and 162 franchises located outside of the United States; 17 used vehicle supercenters in the United States and the United Kingdom; and 25 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, and Idaho, the United States, as well as Canada. 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 September 26, 2021 is 4. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 4; Compensation: 3.

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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