PAG · Penske Automotive Group, Inc.

$218.11 +2.41 (+1.12%)

Market Cap

$14.18B

65.75M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roger Penske	CEO	$1,750,000	—	$6,000,000	—	—	$1,021,209	$8,771,209
Robert Kurnick	President	$1,000,000	—	$1,500,000	—	—	$338,247	$2,838,247
Shane Spradlin	General Counsel	$770,000	$475,000	$750,000	—	—	$171,615	$2,166,615
Shelley Hulgrave	CFO	$770,000	$475,000	$750,000	—	—	$155,864	$2,150,864
Bud Denker	EVP – Human Resources	$770,000	$475,000	$750,000	—	—	$109,484	$2,104,484

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roger Penske	CEO	$1,750,000	—	$6,000,000	—	—	$1,027,453	$8,777,453
Robert Kurnick	President	$1,000,000	—	$1,500,000	—	—	$279,753	$2,729,753
Shane Spradlin	General Counsel	$720,000	$525,000	$750,000	—	—	$160,788	$2,155,788
Shelley Hulgrave	CFO	$720,000	$525,000	$750,000	—	—	$136,346	$2,131,346
Bud Denker	EVP – Human Resources	$720,000	$525,000	$750,000	—	—	$104,656	$2,099,656

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roger Penske	CEO	$1,600,000	—	$5,000,000	—	—	$828,439	$7,428,439
Robert Kurnick	President	$900,000	—	$1,000,000	—	—	$241,405	$2,141,405
Shane Spradlin	General Counsel	$650,000	$450,000	$500,000	—	—	$137,346	$1,737,346
Bud Denker	EVP – Human Resources	$650,000	$450,000	$500,000	—	—	$81,842	$1,681,842
Shelley Hulgrave	CFO	$600,000	$340,000	$500,000	—	—	$104,060	$1,544,060

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roger Penske	CEO	$1,600,000	—	$5,000,000	—	—	$700,613	$7,300,613
Shelley Hulgrave	CFO	$504,167	$450,000	$1,249,983	—	—	$83,297	$2,287,447
Robert Kurnick	President	$900,000	—	$1,000,000	—	—	$217,834	$2,117,834
Shane Spradlin	General Counsel	$625,000	$600,000	$500,000	—	—	$116,637	$1,841,637
Bud Denker	EVP – Human Resources	$625,000	$600,000	$500,000	—	—	$64,732	$1,789,732

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roger Penske	CEO	$1,400,000	—	$5,000,000	—	—	$493,752	$6,893,752
Robert Kurnick	President	$800,000	—	$1,000,000	—	—	$176,315	$1,976,315
Shane Spradlin	General Counsel	$575,000	$315,000	$500,000	—	—	$89,597	$1,479,597
J.D. Carlson	CFO	$575,000	$315,000	$500,000	—	—	$77,659	$1,467,659
Bud Denker	EVP – Human Resources	$575,000	$315,000	$500,000	—	—	$34,649	$1,424,649

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roger Penske	CEO	$1,400,000	—	$5,000,000	—	—	$424,351	$6,824,351
Robert Kurnick	President	$800,000	—	$1,000,000	—	—	$162,890	$1,962,890
Shane Spradlin	General Counsel	$547,917	$350,000	$500,000	—	—	$76,500	$1,799,417
J.D. Carlson	CFO	$547,917	$350,000	$500,000	—	—	$66,223	$1,789,140
Bud Denker	EVP – Human Resources	$547,917	$350,000	$500,000	—	—	$24,166	$1,747,083

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roger Penske	CEO	$1,375,000	—	$5,000,000	—	—	$432,491	$6,807,491
Robert Kurnick	President	$787,500	—	$1,000,000	—	—	$164,130	$1,951,630
Shane Spradlin	General Counsel	$523,958	$300,000	$295,001	—	—	$74,809	$1,193,768
J.D. Carlson	CFO	$522,917	$300,000	$200,000	—	—	$70,222	$1,093,139
Human Resources	—	$523,958	$300,000	$200,000	—	—	$18,423	$1,042,381

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