Asbury Automotive names Dan Clara CEO as David Hult moves to chairman
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Asbury Automotive Group CEO David Hult transitions to Executive Chairman following a transformative eight-year tenure
May 4, 2026 7:00 AM EDTÂ
ATLANTA--(BUSINESS WIRE)-- Asbury Automotive Group, Inc. (NYSE: ABG) (the Company), one of the largest automotive retail and service companies in the U.S., announced the formal transition of David Hult from CEO to Executive Chairman effective May 4th, 2026.
During his tenure, David Hult led Asbury through the largest period of growth in the companys history, said Tom Reddin, Asburys Non-Executive Chairman. Asburys revenue more than doubled, share price tripled, and earnings per share nearly quadrupled. Aided by a bold acquisition strategy that generated an aggregate net... More
