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Penske Automotive Group, Inc. (PAG)

NYSE - NYSE Delayed Price. Currency in USD
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58.53+0.49 (+0.84%)
At close: 4:00PM EST

58.53 0.00 (0.00%)
After hours: 4:15PM EST

Penske Automotive Group, Inc.

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

Sector(s)Consumer Cyclical
IndustryAuto & Truck Dealerships
Full Time Employees22,350

Key Executives

NameTitlePayExercisedYear Born
Mr. Roger S. Penske Sr.Chairman & CEO1.89MN/A1937
Mr. Robert H. Kurnick Jr.Pres & Director976.32kN/A1962
Mr. John D. Carlson Jr.Exec. VP & CFO967.66kN/A1970
Mr. Shane M. SpradlinExec. VP, Gen. Counsel & Sec.979.6kN/A1970
Mr. Claude H. Denker IIIExec. VP of HR924.65kN/A1959
Mr. Masashi YamanakaExec. VP of Strategic Relationship Management & DirectorN/AN/A1964
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/AN/A
Mr. Hiroshi IshikawaExec. VP of International Bus. Devel.N/AN/A1963
Amounts are as of December 31, 2019 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, including vehicle and collision repair services, as well as in the placement of finance and lease contracts, third-party insurance products, and other aftermarket products. It also operates used vehicle supercenters that retails and wholesales used vehicles. The company also operates a heavy and medium duty trucks dealership, offering primarily Freightliner and Western Star branded trucks, as well as a range of used trucks, services and parts, 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, together with associated parts. Further, the company distributes diesel and gas engines, and power systems. The company operates 317 retail automotive franchises, including 145 franchises located in the United States and 172 franchises located outside of the United States; sixteen used vehicle supercenters in the United States and the United Kingdom; and 25 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, Idaho, and 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 November 2, 2019 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.