Gregory Penske is the chairman/CEO of

Penske Motor Group Penske Motor Group is an El Monte, California, U.S.–based, subsidiary of Penske Corporation, managed by Gregory Penske. The group operates four automobile dealerships in California: Longo Toyota and Longo Lexus in the Greater Los Angeles Area ...

, which owns and operates Toyota, Lexus Dealerships in

California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...

and

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

in the United States.

Early life

Penske grew up in Philadelphia and graduated from

Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...

, where he earned a degree in business management. Penske also attended General Motors Institute (now

Kettering University Kettering University is a private university in Flint, Michigan. It offers Bachelor of Science, bachelor of science and master's degree, master’s degrees in Science, technology, engineering, and mathematics, STEM (science, technology, engineeri ...

) and worked at a

Chevrolet Chevrolet ( ), colloquially referred to as Chevy and formally the Chevrolet Motor Division of General Motors Company, is an American automobile division of the American manufacturer General Motors (GM). Louis Chevrolet (1878–1941) and ous ...

and a

Cadillac The Cadillac Motor Car Division () is a division of the American automobile manufacturer General Motors (GM) that designs and builds luxury vehicles. Its major markets are the United States, Canada, and China. Cadillac models are distributed i ...

Oldsmobile Oldsmobile or formally the Oldsmobile Division of General Motors was a brand of American automobiles, produced for most of its existence by General Motors. Originally established as "Olds Motor Vehicle Company" by Ransom E. Olds in 1897, it produ ...

dealerships while in college.

Career

Penske 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 Auto Club Speedway, originally opened as California Speedway, is a , low-banked, D-shaped oval superspeedway in unincorporated San Bernardino County, California, near Fontana. It has hosted NASCAR racing annually since 1997. It was also previ ...

) in Fontana, California. He on the Board of Directors for

Penske Corporation Penske Corporation, Inc. () is an American diversified transportation services company based in Bloomfield Township, Oakland County, Michigan. Roger Penske is the chairman of the privately held company, and Rob Kurnick is the president. Holding ...

, Penske Automotive Group (Vice-Chairman), Penske Motor Group(Chairman/CEO), Penske Entertainment(Vice-Chairman): owner of the Indianapolis Motor Speedway, NTT IndyCar Series, IMS Productions; Petersen Automotive Museum and Friends of Golf. He is a member of the Toyota Parts and Service Advisory Council, the Toyota President's Cabinet, Toyota Board of Governors, Lexus League of Elite Dealers and former member Mercedes-Benz Best of the Best dealers. He has been named one of the highest-rated CEO's by Glassdoor, a jobs and career site, which released its annual report recognizing top leaders in North America and Europe
"Glassdoor’s Highest Rated CEOs 2015"
Glassdoor published June 9, 2015. Penske is a former member of the Board of Directors of the Alltel Corporation, Ares Capital Corporation, International Speedway Corporation, Los Angeles Sports Council, The LA 2024 Olympic Committee, and the Board of Trustees of the John Thomas Dye School.

Awards

Penske received the Young Leadership and Excellence Award from the

Automotive Hall of Fame The Automotive Hall of Fame is an American museum. It was founded in 1939 and has over 800 worldwide honorees. It is part of the MotorCities National Heritage Area. the Automotive Hall of Fame includes persons who have contributed greatly to au ...

in 1997.

References

Press release
naming Gregory Penske to board of directors to

ALLTEL Alltel Wireless was a wireless service provider, primarily based in the United States. Before acquisitions by Verizon Wireless and AT&T, it served 34 states and had approximately 13 million subscribers. As a regulatory condition of the acquisition ...

, Retrieved January 10, 2007

Kara Glover; "Steering for success"; published July 1, 1996;

Los Angeles Business Journal The ''Los Angeles Business Journal'', established in 1979, is a weekly newspaper and online news source in Los Angeles, California, which provides coverage of local business news. According to the ''Journals website, it has a weekly print circul ...

; Retrieved January 10, 2007 *Terry Blount
"The drive behind Penske? Passion"
ESPN published May 22, 2009 *Brant James
"Roger Penske would like to rule forever, but who will eventually be the next Captain?"
AUTOWEEK published February 27, 2013

External links

Penske Automotive Group Inc.
{{DEFAULTSORT:Penske, Gregory American automobile salespeople American retail chief executives Businesspeople from Philadelphia Cornell University alumni Kettering University alumni Living people Penske Corporation People from El Monte, California Year of birth missing (living people) American people of German descent