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Stock impact report

Asbury Automotive Group Announces CEO Succession Plan

Asbury Automotive Group Inc (ABG) 
Last asbury automotive group inc earnings: 2/3 07:00 am Check Earnings Report
Company Research Source: Business Wire
David Hult to Transition to Executive Chairman Following Transformative Eight Year Tenure as CEOAsbury COO Dan Clara to Succeed Hult as President and Chief Executive OfficerBridget Ryan-Berman to be Named Lead Independent Director Following Expiration of Tom Reddin’s Term as ChairmanTransitions to Take Effect Following Asbury’s 2026 Annual Meeting of Stockholders SANDY SPRINGS, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), a Fortune 500 automotive retail and service company, today announced that effective following the Company’s 2026 Annual Meeting of Stockholders expected to be held in May, David Hult, President and Chief Executive Officer of Asbury, will transition to the role of Executive Chairman. The Asbury Board of Directors has elected Daniel E. “Dan” Clara, currently Chief Operating Officer, to succeed Mr. Hult as President and Chief Executive Officer. This transition marks the culmination of the Board’s long-term leadership succession pla Show less Read more
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