Asbury Automotive Group (ABG) Announces Departure of its CFO

June 28, 2021 4:26 PM EDT

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Asbury Automotive Group, Inc. (NYSE: ABG) today announced that Patrick J. Guido provided notice of his decision to resign from the position of Senior Vice President & Chief Financial Officer of the Company effective June 24, 2021 for personal reasons. David W. Hult, Asbury’s President & Chief Executive Officer, said, “We thank PJ Guido for his service to Asbury and leading the finance team.” Guido said, “I would like to thank David and the Board for the opportunity to have served as CFO and wish the Company and my former colleagues well in the future.” The Company also announced that William Stax, Vice President, Corporate Controller & Chief Accounting Officer of the Company, was appointed as interim Principal Financial Officer effective June 25, 2021 while the Company conducts a search for a new Chief Financial Officer.

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