October 21, 2017 1:00 PM ET

Specialty Retail

Company Overview of Asbury Automotive Group, Inc.

Company Overview

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection insurance, prepaid maintenance, and credit life and disability insurance. As of December 31, 2016, the company owned and operated 93 new vehicle franchises representing 28 brands of automobiles at 77 dealership locations, and 23 c...

2905 Premiere Parkway, NW

Suite 300

Duluth, GA 30097

United States

Founded in 1995

7,900 Employees

Phone:

770-418-8200

Key Executives for Asbury Automotive Group, Inc.

President, CEO & Director
Age: 60
Total Annual Compensation: $996.6K
Executive VP & COO
Age: 51
Total Annual Compensation: $745.2K
Senior VP, General Counsel & Secretary
Age: 49
Total Annual Compensation: $448.0K
Senior Vice President of Corporate Development & Real Estate
Age: 42
Total Annual Compensation: $397.7K
Compensation as of Fiscal Year 2016.

Asbury Automotive Group, Inc. Key Developments

Asbury Automotive Group, Inc. Presents at Deutsche Bank’s 25th Annual Leveraged Finance Conference, Oct-03-2017 04:35 PM

Asbury Automotive Group, Inc. Presents at Deutsche Bank’s 25th Annual Leveraged Finance Conference, Oct-03-2017 04:35 PM. Venue: The Phoenician, 6000 East Camelback Road, Scottsdale, Arizona, United States. Speakers: Matthew Pettoni, VP & Treasurer, Travis Powell, Assistant Treasurer.

Asbury Automotive Group, Inc. Presents at CL King 15th Annual Best Ideas Conference, Sep-14-2017 09:30 AM

Asbury Automotive Group, Inc. Presents at CL King 15th Annual Best Ideas Conference, Sep-14-2017 09:30 AM. Venue: Omni Berkshire Place Hotel, New York, New York, United States.

Asbury Automotive Group, Inc. Announces Management Changes

The board of directors of Asbury Automotive Group, Inc. announced that executive vice president and chief operating officer David W. Hult will succeed Craig T. Monaghan as the company's president and chief executive officer effective January 1, 2018. Mr. Hult, who has served as company's executive vice president and chief operating officer since November 2014, will also join the company's board of directors. Mr. Hult has over 30 years of extensive automotive retail experience and has held senior management positions with both large public and private automotive retail organizations, including RLJ McLarty Landers Automotive Holdings, Group 1 Automotive and Penske Automotive Group. Under the planned succession, and in furtherance of the company's long-term strategic goals, effective January 1, 2018, Mr. Monaghan will become vice chairman of the board until the date of the company's 2018 annual meeting of stockholders. Mr. Monaghan also will serve as a non-executive special advisor to the company until his retirement on April 30, 2019.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 7, 2017
Chevy Franchise And An Isuzu Truck Franchise in Indianapolis
Merger/Acquisition
December 13, 2016
Asbury Automotive Group Inc., 5 Dealerships and Dual Collision Centers in Arkansas
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