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Stock impact report

Asbury Automotive hires Lululemon's CFO as its CFO, starting May 11 [MarketWatch]

Asbury Automotive Group Inc (ABG) 
Last asbury automotive group inc earnings: 2/3 07:00 am Check Earnings Report
Company Research Source: MarketWatch
Auto retailer Asbury Automotive Group Inc. named Patrick Guido as its chief financial officer, effective May 11. Guido comes from yoga gear seller Lululemon Athletica Inc. , which announced late Thursday his departure, effective May 8, after about 2 years with the company. Guido will be paid an annual base salary of $625,000, but has agreed to a temporary 20% base salary cut in light of the impact of the COVID-19 pandemic on the economic environment. Asbury's stock has lost 48.0% over the past three months, while Lululemon shares have declined 13.3% and the S&P 500 has given up 15.9%. Show less Read more
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