DULUTH, Ga., Feb. 1, 2021 /PRNewswire/ — Asbury Automotive Team, Inc. (NYSE: ABG) (“Asbury” or the “Business”), one of the biggest automotive retail and service providers in the U.S., introduced these days the appointment of William D. Fay to its Board of Directors helpful January 28, 2021. The Board has appointed Mr. Fay to the Audit Committee and the Capital Allocation & Possibility Administration Committee. Mr. Fay’s election brings the full quantity of administrators to nine, 8 of whom are unbiased. Mr. Fay’s very achieved automotive profession features a lot more than 38 a long time at Toyota Motor North The united states, Inc.
“We are pleased to include someone with Bill’s large automotive experience and OEM point of view to the Asbury Board,” said Board Chairman, Tom Reddin. “His demonstrated record in revenue, advertising and marketing, functions, dealership relations, customer encounter and omnichannel make him a valuable new addition to our Board and will greatly enhance the total composition of the Board.”
“With Bill’s appointment to the Board, we believe that Asbury is in a much better placement to execute on our 5-calendar year strategic program that we introduced in December of very last calendar year,” mentioned David Hult, CEO of Asbury Automotive Group. “Bill’s preeminent management experience and benefits received even though running Toyota and Lexus operations in the United States and Mexico will be a must have to Asbury. His functioning final results throughout hundreds of various marketplaces in the United States and Mexico are incredible.”
“It is thrilling to come to be a board member at Asbury Automotive Team, a hugely respected, best-tier automotive retailer. I look ahead to supporting their intense advancement targets across all operations with good emphasis to the continuing innovation in the buyer practical experience,” explained Bill Fay.
Through his profession with Toyota, which started in 1982, Mr. Fay held senior administration roles with Toyota, which include most lately as Senior Vice President of Automotive Functions of Toyota North America (Toyota & Lexus Divisions) from 2017-2020. Prior to that, Mr. Fay held management roles with Toyota Motor Sales, such as Group Vice President & Typical Manager (Toyota Division) from 2014-2017 Group Vice President –Toyota Marketing from 2010-2014 Vice President – Toyota Sales from 2007-2010 and General Manager (Boston/Los Angeles Regions) from 1995-2007.
About Asbury Automotive Team, Inc.
Asbury Automotive Group, Inc. (“Asbury”), a Fortune 500 company headquartered in Duluth, GA, is one of the greatest automotive retailers in the U.S. Asbury at this time operates 91 dealerships, consisting of 112 franchises, representing 31 domestic and international manufacturers of automobiles. Asbury also operates 25 collision fix facilities. Asbury gives shoppers an extensive selection of automotive solutions and solutions, together with new and employed car or truck sales and similar financing and insurance, car or truck upkeep and restore services, substitute parts and assistance contracts.
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