Table of Contents
executive officers are elected by the Board of Directors and hold office until their successors have been duly elected and qualified or until their earlier resignation or removal from office.
Biographies of Messrs. Kurnick and Penske are set forth above. Biographies of our other executive officers are provided below:
J.D. Carlson, 47, has served as our Executive Vice President and Chief Financial Officer since June 2015 and prior to that served as our Senior Vice
President and Corporate Controller since May 2011. He previously served as our Vice President and Controller since joining our company in April 2006. Prior to joining us, Mr. Carlson was
Corporate Controller for Tecumseh Products. He was
previously a Senior Manager for PricewaterhouseCoopers, an accounting and financial advisory services firm, which he joined in 1995.
Bud Denker, 58, has served as our Executive Vice President Human Resources since July 1, 2015. He also serves as Executive
Vice President, Marketing and Communications of Penske Corporation, which he joined in 2005 and Executive Vice President of Penske Racing. Mr. Denker served as our Executive Vice
President Marketing from July 2005 to June 2015. Prior to joining us, Mr. Denker served as Vice President, Brand and Market Development for Eastman Kodak Company from
Shane M. Spradlin, 47, has served as our Executive Vice President since February 2010, our General Counsel since December 2007, and our Corporate
Secretary since March 2004. Mr. Spradlin joined our Company in March 2003. From 1999 to 2003, he served as Corporate Counsel to Nextel Communications in Reston, Virginia. From 1995 through
1999, Mr. Spradlin was an associate with the New York and Washington, D.C. offices of Latham & Watkins, specializing in corporate finance and mergers and acquisitions.
Compensation Committee Report
Compensation and Management Development Committee of the Board of Directors has reviewed and discussed the Compensation Discussion and Analysis set forth below with management. Based on this
review and these discussions with management, the committee has recommended to our Board of Directors that the Compensation Disclosure and Analysis be included in this proxy statement.
The Compensation & Management
Development Committee of the Board of Directors
Brian Thompson (Chairman)
William J. Lovejoy
Sandra A. Pierce