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You are here: Home / News / Asbury Automotive Group Announces CEO Succession Plan

Asbury Automotive Group Announces CEO Succession Plan

August 24, 2017 By CollisionWeek Editor

The Board of Directors of Asbury Automotive Group, Inc. (NYSE:ABG) 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.

Asbury Automotive logoAsbury currently operates 80 dealerships, consisting of 96 franchises, representing 29 domestic and foreign brands of vehicles. Asbury also operates 24 collision repair centers.

Hult, who has served as Asbury’s Executive Vice President and Chief Operating Officer since November 2014, will also join the Company’s Board of Directors. Hult has over 30 years of extensive automotive retail experience and has held

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