Robert H. Kurnick Jr.
Net Worth
Last updated:
What is Robert H. Kurnick Jr. net worth?
The estimated net worth of Mr. Robert H. Kurnick Jr. is at least $23,982,734 as of 1 Sep 2023. He owns shares worth $6,650,791 as insider, has earned $5,593,183 from insider trading and has received compensation worth at least $11,738,760 in Penske Automotive Group, Inc..
What is the salary of Robert H. Kurnick Jr.?
Mr. Robert H. Kurnick Jr. salary is $533,580 per year as Pres & Director in Penske Automotive Group, Inc..
How old is Robert H. Kurnick Jr.?
Mr. Robert H. Kurnick Jr. is 63 years old, born in 1962.
What stocks does Robert H. Kurnick Jr. currently own?
As insider, Mr. Robert H. Kurnick Jr. owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Penske Automotive Group, Inc. (PAG) | Pres & Director | 36,181 | $183.82 | $6,650,791 |
What does Penske Automotive Group, Inc. do?
Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products; and wholesale of parts. It also operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as a range of used trucks, and maintenance and repair services. In addition, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks, buses, and Dennis Eagle refuse collection vehicles with associated parts in Australia, New Zealand, and portions of the Pacific. Further, the company distributes diesel and gas engines, and power systems. The company operates 320 retail automotive franchises, including 146 franchises located in the United States and 174 franchises located outside of the United States; 23 CarShop used vehicle dealerships in the United States and the United Kingdom; and 37 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, Idaho, Kansas, Missouri, and Oregon, as well as Canada. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.
Robert H. Kurnick Jr. insider trading
Penske Automotive Group, Inc.
Mr. Robert H. Kurnick Jr. has made 20 insider trades between 2003-2023, according to the Form 4 filled with the SEC. Most recently he sold 10,997 units of PAG stock worth $1,826,822 on 1 Sep 2023.
The largest trade he's ever made was exercising 72,683 units of PAG stock on 14 Sep 2006. As of 1 Sep 2023 he still owns at least 36,181 units of PAG stock.
Penske Automotive Group key executives
Penske Automotive Group, Inc. executives and other stock owners filed with the SEC:
- Mr. Claude H. Denker III (66) Executive Vice President of HR
- Mr. Robert H. Kurnick Jr. (63) Pres & Director
- Mr. Roger S. Penske Sr. (88) Chairman & Chief Executive Officer
- Mr. Shane M. Spradlin (55) Executive Vice President, Gen. Counsel & Sec.