Kurnick’s holdings at Penske Automotive Group have seen interesting swings over the years. In 2008, he began as a leader with stakes that rose sharply during the recovery in the automotive market. By 2010, he showed confidence in his company,...

Kurnick’s holdings at Penske Automotive Group have seen interesting swings over the years. In 2008, he began as a leader with stakes that rose sharply during the recovery in the automotive market. By 2010, he showed confidence in his company, earning around $620,409, with a large component coming from performance-based stock that had vested. His stockholdings fluctuated, especially during 2020 and 2021, hitting records as the market responded to the company’s strategic moves. Notably, he peaked when intrinsic values soared, showcasing a commitment to long-term value rather than short-term gains. As of mid-2023, his holdings are valued significantly, reflecting a strong alignment with the company’s performance and strategy, particularly during the transition to more electrified and diverse operations.