Robert H. Kurnick, Jr. has been around the automotive scene since the 1990s. He became President of Penske Automotive Group, Inc. in 2008 after serving as Vice Chairman and a director. He’s got a solid background that includes being the...
Robert H. Kurnick, Jr. has been around the automotive scene since the 1990s. He became President of Penske Automotive Group, Inc. in 2008 after serving as Vice Chairman and a director. He’s got a solid background that includes being the Executive Vice President and General Counsel of Penske Corporation. Kurnick took the wheel during tough times and helped steer the company through significant challenges, maintaining focus on delivering vehicles and keeping service operations up during the pandemic. His hands-on approach to management helped increase net income and cash flow while reducing debt significantly. Over his tenure, he has been key in aligning executive compensation to performance metrics, emphasizing long-term results that matter to shareholders. Kurnick isn’t just about numbers; he leads with a sense of purpose aimed at innovation and improving customer satisfaction.