READING, Pa. — Penske Logistics President Vincent Hartnett has announced he will retire in January 2011 after more than 38 years with the company.
In a statement, CEO and founder Roger S. Penske named Marc Althen as the new president.
Althen, himself a 22-year Penske veteran, most recently served as senior vice president of Administration and Procurement with parent company, Penske Truck Leasing.
Prior to joining Penske, he held positions with Chevron and GE’s Gelco Truck Leasing.
"Vince Hartnett has made tremendous contributions to the growth and success of our businesses and established Penske Logistics as an industry leader, and for that we are sincerely grateful," Penske stated.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.