BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--
Penske Automotive Group, Inc., (NYSE: PAG), an international automotive
retailer, today announced that Yoshimi Namba has been appointed to its
Board of Directors. Mr. Namba fills a vacancy created by the resignation
of Hiroshi Ishikawa from the PAG Board. Mr. Ishikawa will continue in
his role as Executive Vice President – International Business
Development.
Mr. Namba has held various positions at Mitsui & Co., Ltd. (Japan) since
April 1988, including Deputy General Manager of Mitsui’s Second Motor
Vehicle Division and Chief Operating Officer and Vice President of
Mitsui’s PT Bussan Auto Finance subsidiary.
Roger S. Penske, Chairman of Penske Automotive Group commented, “We
welcome Yoshi to the Penske Automotive Group Board of Directors and look
forward to working with him as we continue to explore opportunities to
enhance the Penske Automotive Group business model. Additionally, the
Board of Directors would like to thank Hiro for his years of service and
dedication to Penske Automotive Group Board of Directors.”
ABOUT PENSKE AUTOMOTIVE GROUP
Penske
Automotive Group, Inc.(NYSE: PAG), headquartered in Bloomfield
Hills, Michigan, operates 324 retail automotive franchises, representing
40 different brands and 25 collision repair centers. Penske Automotive,
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 172 franchises in 17 states
and Puerto Rico and 152 franchises located outside the United States,
primarily in the United Kingdom.
For additional information, visit PenskeAutomotive.com
Source: Penske Automotive Group, Inc.
Contact:
Penske Automotive Group, Inc.
Bob O’Shaughnessy
Executive Vice
President – Finance
248-648-2800
boshaughnessy@penskeautomotive.com
or
Anthony
R. Pordon
Senior Vice President
248-648-2540
tpordon@penskeautomotive.com