Sundar PichaiSundar Pichai earned $164M in 2023
P

Roger S. Penske

CEO of Penske Automotive Group

Education

N/A

Field of Expertise

Business & Management

Born

February 20, 1937 - 88 years ago

Economy Sector

Consumer Cyclical

Current Tenure

25 years 10 months (May 1999 - Present)

Previous Experience

Chairman and CEO of Penske Corporation since 1969

Roger S. Penske is the CEO of Penske Automotive Group, a major player in the automotive industry. With a career spanning over a decade at PAG, he focuses on management and guiding the company through various market challenges. Born on...

Year

2021

Total Compensation

$9.48M

Salary

$1.40M

Board Justification

The compensation philosophy aims to align executive compensation with long-term company performance and shareholder interests, focusing on both cash and equity compensation.

Bonus

$0.00

Board Justification

No annual cash bonus was received; instead, restricted stock grants were awarded based on performance goals.

Other

$581.69K

Board Justification

Includes $531,685 of dividends on unvested restricted stock awards and $50,000 in charitable donations pursuant to the director charitable matching program.

Restricted Stock

$7.50M(86.5K Restricted Stock)

Board Justification

Restricted stock awards granted based on achievement of performance targets, vesting over a four-year period.

Performance Metrics

Performance metrics include EBITDA targets, compliance with credit facility covenants, comparative earnings per share, operating margin, stock price performance against peers, customer satisfaction scores, and ESG metrics.