Tuesday, March 31, 2020

Penske Auto cuts exec pay, furloughs staff, delays capital outlays

Penske Auto cuts exec pay, furloughs staff, delays capital outlays https://ift.tt/2WT70nw

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.

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