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Gregory Penske
From Wikipedia, the free encyclopedia
Gregory Penske is an owner and the President/CEO of Penske Motor Group, in El Monte, California. He is the former President and CEO of Penske Motorsports, Inc. which operated racetracks across the country, including the development of the Auto Club Speedway (formerly California Speedway) in Fontana, California. He is on the Board of Directors for the Penske Corporation (holding company for Penske Truck Leasing, Penske Automotive Group, and Penske Racing) and is a member of the Board of Directors for the Los Angeles Sports Council, Ares Capital Corporation and Friends of Golf, Inc. He is a member of the Toyota Parts and Service Advisory Council, the Toyota President's Cabinet and the Toyota Board of Governors and Lexus "Elite" Dealers.
He is the former member of the Board of Directors of the Alltel Corporation, International Speedway Corporation, the Southern California Committee for the Olympic Games, and Board of Trustees of the John Thomas Dye School. He is the son of race car owner and entrepreneur Roger Penske. He received the Young Leadership and Excellence Award from the Automotive Hall of Fame in 1997.
Penske attended the Episcopal Academy in Philadelphia, where he was the Captain of the soccer and lacrosse teams, as well as All-American in both sports in high school. He was also All-State and league MVP as a senior in lacrosse. He graduated from Cornell University in 1984, where he earned a degree in business management. He also attended General Motors Institute (now Kettering University) and worked at a Chevrolet and a Cadillac-Oldsmobile dealership while in college.
Contents [hide]
1 Businessman
1.1 Penske Motor Group
2 References
3 External links
[edit]Businessman

In 1985, he purchased a Cadillac dealership in Bakersfield, California at age 22, becoming the youngest GM dealer ever. [1]
[edit]Penske Motor Group
Main article: Penske Motor Group
Penske became the General manager at Longo Toyota in 1987, and he took over the group in 1993. [1] Penske Motor Group owns Longo Toyota, the largest car dealer in the world at over 29 acres (120,000 m2). [2]
[edit]References

^ a b [1] Tim Keenan; June 2001; Ward's Dealer Business, Retrieved January 10, 2007
^ Penske Automotive Group, Inc., Retrieved January 10, 2007
Press release naming Gregory Penske to board of directors to ALLTEL, Retrieved January 10, 2007
[2] Kara Glover; "Steering for success"; published July 1, 1996; Los Angeles Business Journal; Retrieved January 10, 2007
[edit]External links

Penske Automotive Group Inc.

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Categories: American soccer playersCornell Big Red men's soccer playersKettering University alumniLiving peoplePeople from Philadelphia, PennsylvaniaPenskeAmerican business biography stubsAutomotive biography stubs
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