Penske Automotive Group
While CEO of Penske Automotive Group in 2008, Roger Penske earned a total compensation of $2,706,388, which included a base salary of $1,000,000, no cash bonus, stocks granted of $1,680,005, and no options granted. He was involved in an attempt to purchase the Saturn Corporation, makers of Saturn cars. On September 30, 2009, his Penske Automotive Group announced the deal to purchase Saturn had fallen through.
Read more about this topic: Roger Penske
Famous quotes containing the word group:
“We begin with friendships, and all our youth is a reconnoitering and recruiting of the holy fraternity they shall combine for the salvation of men. But so the remoter stars seem a nebula of united light, yet there is no group which a telescope will not resolve; and the dearest friends are separated by impassable gulfs.”
—Ralph Waldo Emerson (1803–1882)