Roger Penske

Chair of the Board & Chief Executive Officer at Penske Automotive Group, Inc.

Roger Penske

Roger Penske

Chair of the Board & Chief Executive Officer at Penske Automotive Group, Inc.

Overview
Career Highlights

Penske Automotive Group, Inc.
Detroit Diesel Corp.
Ilmor Engineering Ltd.

RelSci Relationships

2699

Number of Boards

20

Birthday

1937 - Shaker Heights, OH, United States

Age

84

Number of Awards

14

Estimated Net Worth

$1.6B

Contact Data
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Relationships
RelSci Relationships are individuals Roger Penske likely has professional access to. A relationship does not necessarily indicate a personal connection.

President at Penske Automotive Group, Inc.

Relationship likelihood: Strong

President & Chief Executive Officer at SoCal Penske Dealer Group

Relationship likelihood: Strong

Senior Executive Vice President, Private Client Group & Regional Banking Director & Chairman of Michigan at Huntington Bancshares, Inc.

Relationship likelihood: Strong

Chairman & Chief Executive Officer at Penske Motor Group, Inc.

Relationship likelihood: Strong

Executive Vice President at Penske Corporation

Relationship likelihood: Strong

Co-Founder at Charlesbank Capital Partners LLC

Relationship likelihood: Strong

Former Chief Executive Officer at M-1 Rail

Relationship likelihood: Strong

Managing Director & Co-Founder at TRP Capital Advisors LLC

Relationship likelihood: Strong

Founder at Rocket Companies, Inc.

Relationship likelihood: Strong

Managing Partner at Birmingham Capital Partners

Relationship likelihood: Strong

Paths to Roger Penske
Potential Connections via
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You
Roger Penske
Chair of the Board & Chief Executive Officer at Penske Automotive Group, Inc.
Family Members
Child
President & Chief Executive Officer at SoCal Penske Dealer Group

SoCal Penske Dealer Group operates as a dealer of new and used cars. The company is headquartered in West Covina, CA.

Child
Chairman & Chief Executive Officer at Penske Motor Group, Inc.

Penske Motor Group, Inc. provides car dealership services. It specializes in selling AUDI, Honda, Lexus, Maybach, Mercedes-Benz, Scion and Toyota vehicles. The company was founded in 1967 and is headquartered in El Monte, CA.

Child
Founder & Chief Executive Officer at Penske Media Corporation

Penske Media Corp. engages in provision of digital media and information services. It offers digital media, publishing, and information services. It operates under the brand name of Veriety, WWD, Robb Report, BGR, IndieWire, RollingStone, BEAUTYINC, TVLine, and OMNYLYTICS. The company was founded by Jay C. Penske and Michael Ausiello in 2003 and is headquartered in Los Angeles, CA.

Spouse
Vice President, Board of Directors at The Nantucket Dreamland Foundation

The Nantucket Dreamland Foundation is an American nonprofit company located in Nantucket, MA. The firm operates as a non-profit organization dedicated to enriching the cultural and intellectual life of Nantucket.

Memberships
Member
Current

Business Leaders for Michigan (BLM) is the state’s business roundtable, composed of the chairpersons, CEOs or most senior executives of the state’s largest job providers and universities. Together, their members power one-third of the state's economy and educate nearly one-half of the state's university students, which makes them a powerful driver for economic development and change.

Member
Current

The Business Council is a voluntary association of business leaders whose members meet several times a year for the free exchange of ideas both among themselves and with thought leaders from many sectors. In its most fundamental form, the Council seeks to foster understanding through discussion. It promotes learning, best practice sharing and networking by its members with a view to making a contribution to our society, the global economy and to business generally. Since its founding more than 75 years ago, The Business Council membership has consisted of a group of current or former chief executive officers from a broad range of companies. All major industries are represented among the members of The Business Council. Because schedule demands on senior business executives are extensive, the Council provides an especially valuable opportunity to discuss major subjects in a broader ranging forum than is normally available in the course of business activities. As part of its process, the Council invites leaders in government, politics, academia, science, medicine, technology and other sectors to address the Council and to participate in its discussions. Council members hope that these discussions result in better understanding by their invited guests as well as by the members themselves. Today, the Council meets three times a year in a collegial atmosphere to share and explore ideas.As a gathering of peers from many fields, the Council is entirely an educational and deliberative forum. It never takes positions as an organization and does not advocate any policy or course of action. Individual members sometimes do present their own views in public discussions. But they do so as individuals, rather than as representatives of the Council.

Member
Current

British Racing Drivers' Club Ltd. operates as a motor racing club. Its clubhouse features a restaurant, bars, and private gardens. The company was founded by J. D. Benjafield in 1928 and is headquartered in Towcester, the United Kingdom.

Career History
Founder
1969 - Current

Penske Corp. engages in the provision of transportation services. It operates through a variety of industry segments including retail automotive, truck leasing, transportation and logistics, manufacturing, and motorsports. The company was founded by Roger Penske in 1969 and is headquartered in Bloomfield Hills, MI.

Managing Director
Prior

TRP Capital Partners specializes in making leveraged investments in growth-oriented transportation and transportation services companies. Areas of particular interest include, but are not limited to: (1) specialty manufacturing and assembly (2) logistics/freight management (3) value-added distribution/warehousing (4) dealer services (5) fleet services (6) retail sales (7) financial services (8) outsourcing services and (9) training. TRP targets business with purchase prices of $25 million to $250 million. They look for companies with a strong customer service component to their products or services, the ability to support debt through operating cash flow and adequate liquidity options. TRP prefers to take control positions in their portfolio companies but also considers minority stake positions

Director
Prior

General Electric Capital Services, Inc. used provides financial products and services. It offered loans, leases and other financial services to the construction, manufacturing, telecommunications, and healthcare industries. The company was founded in 1984 and was headquartered in Fairfield, CT.

Boards & Committees
Chairman & Chief Executive Officer
1999 - Current

Penske Automotive Group, Inc. operates as an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems and related parts & services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of retail automotive dealership operations. The Retail Commercial Truck segment is the dealership operations of commercial trucks in the U.S. and Canada. The Other segment is comprised of commercial vehicle and power systems distribution operation and other non-automotive consolidated operations. The Non-Automotive Investments segment is the equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

Chairman, Board of Directors
1982 - Current

Penske Truck Leasing Co. LP engages in truck rental and leasing services. It offers full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management, and supply chain management solutions. The company was founded by Roger S. Penske Sr. on December 1, 1969 and is headquartered in Reading, PA.

Chairman & Chief Executive Officer
1969 - Current

Penske Corp. engages in the provision of transportation services. It operates through a variety of industry segments including retail automotive, truck leasing, transportation and logistics, manufacturing, and motorsports. The company was founded by Roger Penske in 1969 and is headquartered in Bloomfield Hills, MI.

Chairman, Board of Directors
Current

M-1 RAIL is a non-profit organization formed in 2007 to lead the design, construction, and future operation of a 3.3-mile circulating streetcar along Woodward Avenue between Congress Street and West Grand Boulevard in Detroit, Michigan. M-1 RAIL is an unprecedented public-private partnership and model for regional collaboration Notably, the first major transit project being led and funded by both private businesses, philanthropic organizations, in partnership with local government, the State of Michigan, and U.S. Department of Transportation.

Member, Board of Directors
Current

Downtown Detroit Partnership is a partnership of corporate, civic and philanthropic leaders that supports advocates and develops programs and initiatives designed to create a clean, safe, and inviting Downtown Detroit.

Member, Board of Directors
Current

Business Leaders for Michigan (BLM) is the state’s business roundtable, composed of the chairpersons, CEOs or most senior executives of the state’s largest job providers and universities. Together, their members power one-third of the state's economy and educate nearly one-half of the state's university students, which makes them a powerful driver for economic development and change.

Non-Profit Donations & Grants

Learn how non-profit organizations benefit from RelSci
$10K +
2014

Lehigh is a premier residential research university, ranked in the top tier of national research universities each year. We are a coeducational, nondenominational, private university that offers a distinct academic environment of undergraduate and graduate students from across the globe. Our university offers majors and programs in four colleges: The College of Arts and Sciences, The College of Business and Economics, The College of Education and The P.C. Rossin College of Engineering and Applied Science. More than 4,700 undergraduate and 2,000 graduate students call Lehigh "home." Located in Pennsylvania’s scenic Lehigh Valley, the campus is in close proximity to both New York City and Philadelphia. Lehigh is comprised of 2,358 acres, making it one of the largest private universities in the country. The Asa Packer Campus, Mountaintop Campus, and Murray H. Goodman Campus are contiguous. In 2012, the university received a Stabler Foundation gift of 755 acres in nearby Upper Saucon Township. Since 1865, generations of students have chosen Lehigh for their educational experience. They know Lehigh is a place where they can make strong personal connections with faculty, conduct research in diverse fields of study, thrive in a dynamic campus community, form lasting bonds with Lehigh alumni, and learn from their own life experiences.

$10K +
2013

Lehigh is a premier residential research university, ranked in the top tier of national research universities each year. We are a coeducational, nondenominational, private university that offers a distinct academic environment of undergraduate and graduate students from across the globe. Our university offers majors and programs in four colleges: The College of Arts and Sciences, The College of Business and Economics, The College of Education and The P.C. Rossin College of Engineering and Applied Science. More than 4,700 undergraduate and 2,000 graduate students call Lehigh "home." Located in Pennsylvania’s scenic Lehigh Valley, the campus is in close proximity to both New York City and Philadelphia. Lehigh is comprised of 2,358 acres, making it one of the largest private universities in the country. The Asa Packer Campus, Mountaintop Campus, and Murray H. Goodman Campus are contiguous. In 2012, the university received a Stabler Foundation gift of 755 acres in nearby Upper Saucon Township. Since 1865, generations of students have chosen Lehigh for their educational experience. They know Lehigh is a place where they can make strong personal connections with faculty, conduct research in diverse fields of study, thrive in a dynamic campus community, form lasting bonds with Lehigh alumni, and learn from their own life experiences.

$10K +
2012

Lehigh is a premier residential research university, ranked in the top tier of national research universities each year. We are a coeducational, nondenominational, private university that offers a distinct academic environment of undergraduate and graduate students from across the globe. Our university offers majors and programs in four colleges: The College of Arts and Sciences, The College of Business and Economics, The College of Education and The P.C. Rossin College of Engineering and Applied Science. More than 4,700 undergraduate and 2,000 graduate students call Lehigh "home." Located in Pennsylvania’s scenic Lehigh Valley, the campus is in close proximity to both New York City and Philadelphia. Lehigh is comprised of 2,358 acres, making it one of the largest private universities in the country. The Asa Packer Campus, Mountaintop Campus, and Murray H. Goodman Campus are contiguous. In 2012, the university received a Stabler Foundation gift of 755 acres in nearby Upper Saucon Township. Since 1865, generations of students have chosen Lehigh for their educational experience. They know Lehigh is a place where they can make strong personal connections with faculty, conduct research in diverse fields of study, thrive in a dynamic campus community, form lasting bonds with Lehigh alumni, and learn from their own life experiences.

Political Donations
$2,600
2014

President & Chief Executive Officer at CARE

$2,500
2012
$2,500
2012

Co-Founder at Tynwald Capital

Transactions
Details Hidden

Penske Automotive Group, Inc. purchases Penske Commercial Vehicles Pty Ltd. from Cleanaway Waste Management Ltd.

Details Hidden

Penske Automotive Group, Inc. issued USD Common Stock

Details Hidden

Penske Automotive Group, Inc. purchases Penske Truck Leasing Co. LP from General Electric Company

Public Holdings
Restricted data only for RelSci Professional users.
Awards & Honors
2019
Government of the United States of America - Presidential Medal of Freedom
Rank #1290
2017
Forbes Magazine - The World's Billionaires
Rank #1275
2016
Forbes Magazine - The World's Billionaires
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