Asbury Automotive Group CEO David Hult transitions to Executive Chairman following a transformative eight-year tenure

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 company's history,” said Tom Reddin, Asbury's Non-Executive Chairman. “Asbury's revenue more than doubled, share price tripled, and earnings per share nea.