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Important FAFSA Update

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Roger S. Penske

January 1, 2019

President Penske Corporation Red Bank, New Jersey Current: Chairman Penske Corporation – Detroit, Michigan

Roger S. Penske is the founder and President of Penske Corporation which is comprised of three business groups, Transportation Services, Retail Automotive, and Automotive Performance. The Transportation Services Group includes Hertz Penske Truck Leasing, Inc. The Retail Automotive Group sells nearly 35,000 vehicles in California and New York. Penske Auto Center of New York and Penske Cadillac in Downey, California are two of the largest Cadillac franchises in the United States. Longo Toyota in El Monte, California is America’s largest Toyota dealership. The Automotive Performance Group includes automobile racing facilities in Michigan, Ohio and Pennsylvania. The Penske Racing Team has won 49 Indy Car Races including six Indianapolis 500 mile races and seven National Championships. He is also Chief Executive Officer of Detroit Diesel Corporation, a venture formed by General Motors Corporation and Penske Corporation to design, manufacture and market diesel engines worldwide. “My father taught me that effort equals success, never forget that.”