BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Jan. 3, 2007--United
Auto Group, Inc. (NYSE: UAG), an international automotive retailer,
today announced the executive appointments of Roger S. Penske Jr. to
President and Robert O'Shaughnessy to Executive Vice President and
Chief Financial Officer.
Mr. Penske Jr. has been with UnitedAuto since 2001 and has over 20
years of automotive-related experience. During this time, Mr. Penske
has overseen the growth of both the Central and Eastern Regions of
UnitedAuto's operations in the United States. In this new role, Mr.
Penske will assume responsibility for UnitedAuto's Brand Management
Group, which interfaces with the OEMs, and will have oversight of our
construction partners in addition to managing the operations of the
Mr. O'Shaughnessy has been with UnitedAuto since 1997 and has been
instrumental in the development and oversight of many areas within the
financial organization. In his new role, Mr. O'Shaughnessy will
oversee all financial operations on a worldwide basis.
James Davidson, our previous Chief Financial Officer, retired from
this position. Mr. Davidson has been with UnitedAuto since 1997. His
expertise and dedication to the growth and stability of UAG has made
an enormous contribution to the organization. Mr. Davidson will remain
a part-time employee of ours assisting with certain areas of our
UnitedAuto also announced today that Central Region Executive Vice
President Whitfield Ramonat will assume the responsibility for our
Financial Services organization and field training initiatives along
with his current role in managing operations for the Central Region.
Also, George Brochick, Executive Vice President of Western Operations,
will assume the additional responsibility for managing the operations
of our Mexico-based dealerships.
All appointments are effective immediately.
Commenting on the executive appointments, Chairman Roger S. Penske
said, "Over the last several years these individuals have assumed
increasing levels of responsibility and have significantly contributed
to the growth and profitability of UnitedAuto. Their experience,
knowledge and leadership roles will provide a solid foundation for the
future growth and success of UnitedAuto."
United Auto Group, Inc., headquartered in Bloomfield Hills,
Michigan, operates 315 retail automotive franchises, representing 41
different brands, and 26 collision repair centers. UnitedAuto, which
sells new and previously owned vehicles, finance and insurance
products and replacement parts, and offers maintenance and repair
services on all brands it represents, has 167 franchises in 19 states
and Puerto Rico and 148 franchises located outside the United States,
primarily in the United Kingdom. UnitedAuto is a member of the Fortune
500 and Russell 1000, and has over 15,000 employees.
CONTACT: United Auto Group, Inc.
Bob O'Shaughnessy, Executive Vice President and Chief
Financial Officer, 248-648-2800
Tony Pordon, Senior Vice President, 248-648-2540
SOURCE: United Auto Group, Inc.