President, Penske Corporation; Executive Vice President, Team Penske
Bud Denker is President of Penske Corporation, a global transportation services company. Penske Corporation manages businesses with consolidated revenues of more than $32 billion, operating in over 3,200 locations and employing more than 55,000 people worldwide. Denker also serves as Executive Vice President, Human Resources for Penske Automotive Group, overseeing the organization's associates across its 350 globally-located automotive dealerships and heavy-duty truck locations.
In addition, Denker serves in other roles within Penske Corporation including Executive Vice President of Team Penske, with teams currently competing in the NTT INDYCAR SERIES, the NASCAR Cup Series and the NASCAR Xfinity Series.
Denker also serves as Chairman of the Chevrolet Detroit Grand Prix, which generates over $50 million in total spending annually in the metro Detroit region, while showcasing the city to a worldwide audience and providing needed improvements to Belle Isle Park.
Throughout Denker's business career, he has been deeply involved in leading the efforts to support his community at the local, city and state levels.
Denker remains engaged in many Detroit-based organizations including the Downtown Detroit Partnership and the Belle Isle Park Advisory Committee, and he serves on the executive boards of The Parade Company and Detroit Regional Chamber of Commerce.