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Robert Kurnick Jr has been promoted from executive vice-president to president of Penske Corp and has been elected to its board of directors. He will
Jan. 1, 2003

Robert Kurnick Jr has been promoted from executive vice-president to president of Penske Corp and has been elected to its board of directors. He will continue to serve as general counsel of UnitedAuto Group Inc, of which Penske is the largest shareholder. Roger Penske will continue as chairman of Penske Corp and chairman and CEO of UnitedAuto.

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