Monday, March 30, 2020

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

Penske Automotive to cut executive pay, furlough employees, postpone capital expenditures https://ift.tt/3bGzxAX

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

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