How Penske was paid
$8.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| Roger PenskeChief Executive Officer | $1,750,000 | — | $6,000,000 | $1,021,209 | $8,771,209 |
| Robert Kurnick, Jr.President | $1,000,000 | — | $1,500,000 | $338,247 | $2,838,247 |
| Shelley HulgraveEVP & Chief Financial Officer | $770,000 | $475,000 | $750,000 | $155,864 | $2,150,864 |
| Bud DenkerEVP – Human Resources | $770,000 | $475,000 | $750,000 | $109,484 | $2,104,484 |
| Shane SpradlinEVP, General Counsel & Secretary | $770,000 | $475,000 | $750,000 | $171,615 | $2,166,615 |
What changed and why
- $8.8MRoger Penske received $8,771,209 in total compensation for fiscal 2025, essentially unchanged from $8,777,453 in 2024.
- Long-term incentive awards are settled in restricted stock vesting over four years.
- $10MCompensation actually paid to the PEO was $10,018,025 for 2025.
- $31.8BThe company generated $31.8 billion in revenue and $938 million in net income during 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.