Roger S. Penske, Jr. is a notable figure in the automotive industry, serving as the President of Penske Automotive Group from January 2007 to March 2008. Although his academic background isn't specified, his experience speaks volumes. He has held various...

Current Market Cap

$10.65B

Number of Employees

28.5K

Total Compensation

2007 - 2008

Trending down by -70.06% last year
Showing total compensation for the last 2007 - 2008

Stock

Down by -76.96% last year

Salary

Down by -64.46% last year

Bonus

Up by 0.00% last year

Other

Down by -64.19% last year

Year

2008

Total Compensation

$735.08K

Salary

$266.54K

Board Justification

The compensation program is designed to motivate and reward executive officers to enhance long-term stockholder value and attract and retain high-quality talent, with a focus on aligning compensation with company performance.

Bonus

$72.49K

Board Justification

Payment based on a percentage of actual 2008 East region pre-tax first quarter earnings, adjusted to exclude gains and losses attributable to the sale or shutdown of dealerships in the East region.

Other

$8.95K

Board Justification

Includes the use of company vehicles, matching funds under the 401(k) plan, and other benefits.

Restricted Stock

$387.10K(19.89K common stock)

Board Justification

Outstanding restricted stock vested upon departure, consisting of 19,894 shares, worth $387,100 based on the closing price on the date of vesting.

Performance Metrics

Performance metrics included return on equity, same store retail sales revenue increase, acquisition of gross annualized revenue, employee turnover, operating margin, customer satisfaction scores, internal controls, inventory levels, earnings per share, and stock price performance relative to the S&P 500.

SEC Filing

From March 12, 2009