Penske Appoints Sherry Sanger Senior Vice President of Marketing

READING, Pa., April 2, 2012 – Penske Truck Leasing announced the appointment of Sherry Sanger as Senior Vice President of Marketing. Sanger, who was the company's Vice President of Marketing since 2004, is now responsible for all marketing functions globally, which includes strategic marketing, promotional activities, market research and interactive marketing for Penske Truck Leasing and its subsidiary, Penske Logistics. Those product lines also include Penske Truck Rental and Penske Used Trucks.

She joined the company in 1998 as New Products Introduction Manager, and was later promoted to Director of Marketing.

Sanger began her career at General Electric's Lighting and Capital divisions in their financial management program. She worked in financial, cost and marketing analyst roles across the U.S., and in Germany.

"Sherry is a talented leader and strategist, who has been instrumental in elevating our brand over the last several years," said Penske Truck Leasing President and CEO Brian Hard. "We congratulate her on this well-deserved promotion, and look forward to her continued success as she takes on this new role."

Sanger serves on the board of directors for Opportunity House in Reading, Pa. She is a founding member of the Penske Diversity Council and the Penske Women's Network. She has been actively involved with women's leadership initiatives with the Greater Reading Chamber of Commerce. Sanger is a member of the American Marketing Association, Brand 50, the Council of Supply Chain Management Professionals (CSCMP) and the Conference Board.

Sanger holds a bachelor's degree in German from Kent State University. She went on to earn a master's degree of international management from the Thunderbird School of Global Management and an MBA from Case Western Reserve University. She is currently pursuing a doctorate in management from Case Western Reserve.

Sanger resides in Sinking Spring, Pa., with her husband Tim and two children.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation, Penske Automotive Group and General Electric. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. To learn more about Penske's products and services please visit www.GoPenske.com and our "Move Ahead" blog.