Monday, 30 March 2020

Penske Automotive to cut executive pay, furlough employees, postpone capital expenditures

CEO Roger Penske and President Robert Kurnick will take no salary during the coronavirus outbreak, while executives and managers throughout the dealership group's global team are taking undisclosed pay cuts.



source https://www.autonews.com/dealers/penske-automotive-cut-executive-pay-furlough-employees-postpone-capital-expenditures

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