Ronald Steinhart - Penske Automotive Independent Director

PAG Stock  USD 149.38  0.59  0.39%   

Director

Mr. Ronald G. Steinhart is Independent Director of the Company. Mr. Steinhart served as Chairman and CEO, Commercial Banking Group, of Bank One Corporation from December 1996 until his retirement in January 2000. From January 1995 to December 1996, Mr. Steinhart was Chairman and CEO of Bank One, Texas, N.A since 2001.
Age 80
Tenure 24 years
Phone248 648 2500
Webhttps://www.penskeautomotive.com
Steinhart joined Bank One in connection with its merger with Team Bank, which he founded in 1988. In the previous five years, Mr. Steinhart formerly served as a director of Texas Industries, Inc., Southcross Energy Partners, L.P. and Susser Holdings Corporationrationrationration. Individual experience: Extensive experience in banking and commercial lending industries; experience with respect to automotive retail finance and insurance operations; extensive public company audit committee experience.

Ronald Steinhart Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ronald Steinhart against Penske Automotive stock is an integral part of due diligence when investing in Penske Automotive. Ronald Steinhart insider activity provides valuable insight into whether Penske Automotive is net buyers or sellers over its current business cycle. Note, Penske Automotive insiders must abide by specific rules, including filing SEC forms every time they buy or sell Penske Automotive'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Penske Automotive Management Efficiency

The company has Return on Asset of 0.0508 % which means that on every $100 spent on assets, it made $0.0508 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.185 %, implying that it generated $0.185 on every 100 dollars invested. Penske Automotive's management efficiency ratios could be used to measure how well Penske Automotive manages its routine affairs as well as how well it operates its assets and liabilities.
Penske Automotive Group has 4.24 B in debt with debt to equity (D/E) ratio of 1.6, which is OK given its current industry classification. Penske Automotive has a current ratio of 0.96, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Penske to invest in growth at high rates of return.

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Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan. Penske Automotive operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 25000 people. Penske Automotive Group (PAG) is traded on New York Stock Exchange in USA. It is located in 2555 Telegraph Road, Bloomfield Hills, MI, United States, 48302-0954 and employs 28,900 people. Penske Automotive is listed under Retail category by Fama And French industry classification.

Management Performance

Penske Automotive Leadership Team

Elected by the shareholders, the Penske Automotive's board of directors comprises two types of representatives: Penske Automotive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Penske. The board's role is to monitor Penske Automotive's management team and ensure that shareholders' interests are well served. Penske Automotive's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Penske Automotive's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tracy Cassidy, Executive Vice President of Marketing
John Carlson, CFO, Principal Accounting Officer and Executive VP
Bud Denker, Executive Vice President of Human Resources
Gregory Penske, Director, Chairman of Penske Motor Group and CEO of Penske Motor Group
Darren Edwards, Managing Group
Tracy Cassady, Executive Marketing
Robert Kurnick, President, Director and Member of Executive Committee
Ronald Long, President Group
Masashi Yamanaka, Executive Vice President - Strategic Relationship Management, Director
Roger Sr, Chairman CEO
John Cragg, Executive Operations
H Thompson, Lead Independent Director
Tony Facione, Vice President Corporate Controller
Gerard Nieuwenhuys, Chairman Group
Hamish ChristieJohnston, Managing Zealand
Sandra Pierce, Independent Director
Anthony Pordon, Executive Vice President Investor Relations and Corporate
Aaron Michael, Executive Vice President, Financial Services and Global Risk Management, Treasurer
George Brochick, Executive Vice President of Strategic Development
Shane Spradlin, Executive Vice President, General Counsel, Corporate Secretary
Richard Shearing, President Penske Commercial Vehicles, US
Claude III, Executive Resources
Michael Eisenson, Independent Director
Bernie Wolfe, Executive Operations
Richard Hook, Executive Vice President, Chief Information Officer
Lisa Davis, Independent Director
Roger Penske, Chairman, CEO and Chairman of Executive Committee
Ronald Steinhart, Independent Director
Gregory Smith, Independent Director
Tyler Heard, Executive Operations
Terri Mulcahey, Executive Vice President of Marketing and Business Development
Michelle Hulgrave, Chief Financial Officer, Executive Vice President
Kimberly McWaters, Independent Director
Wolfgang Durheimer, Independent Director
Shelley Hulgrave, Senior Vice President Corporate Controller
Randall Seymore, Chief Operations
John Barr, Independent Director
Kota Odagiri, Director

Penske Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Penske Automotive a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Penske Automotive is a strong investment it is important to analyze Penske Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Penske Automotive's future performance. For an informed investment choice regarding Penske Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penske Automotive Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penske Automotive. If investors know Penske will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penske Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Penske Automotive is measured differently than its book value, which is the value of Penske that is recorded on the company's balance sheet. Investors also form their own opinion of Penske Automotive's value that differs from its market value or its book value, called intrinsic value, which is Penske Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penske Automotive's market value can be influenced by many factors that don't directly affect Penske Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penske Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penske Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penske Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.