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Stock impact report

Asbury Automotive promotes Clara to CEO [Yahoo! Finance]

Asbury Automotive Group Inc (ABG) 
Last asbury automotive group inc earnings: 2/3 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Asbury Automotive Group has promoted Dan Clara from within to succeed David Hult, who steps down as president and CEO and becomes executive chairman. The changes are expected to take effect following Asbury's 2026 annual shareholders meeting, on a date in May 2026 to be announced. In addition to his board appointment as president and CEO taking effect, shareholders separately will also be asked to elect Clara to the board of directors at that time. “I am deeply grateful to our Board of Directors for trusting me to lead Asbury,” said Clara, 45, in a company announcement. Clara joined Asbury in July 2002, working his way up through the ranks from a position as a client advisor in a Management in Training program at a dealership. He's been chief operating officer since Feb. 17, 2025. Before that, he was senior vice president of operations for five years. Under Asbury's succession plan , which was announced Dec. 8, Hult, 60, stays on as executive chairman. His amended employment Show less Read more
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