Asbury Automotive Team Appoints William D. Fay, A Not long ago Retired Toyota Govt, To Its Board

DULUTH, Ga., Feb. 1, 2021 /PRNewswire/ — Asbury Automotive Team, Inc. (NYSE: ABG) (“Asbury” or the “Company”), a single of the major automotive retail and support corporations in the U.S., announced these days the appointment of William D. Fay to its Board of Administrators powerful January 28, 2021. The Board has appointed Mr. Fay to the Audit Committee and the Cash Allocation & Hazard Management Committee. Mr. Fay’s election delivers the total number of directors to 9, 8 of whom are impartial. Mr. Fay’s hugely accomplished automotive career incorporates a lot more than 38 many years at Toyota Motor North The usa, Inc.

“We are happy to include a person with Bill’s large automotive working experience and OEM point of view to the Asbury Board,” said Board Chairman, Tom Reddin. “His demonstrated document in profits, advertising and marketing, functions, dealership relations, buyer expertise and omnichannel make him a beneficial new addition to our Board and will boost the in general composition of the Board.”

“With Bill’s appointment to the Board, we believe Asbury is in a more robust placement to execute on our 5-calendar year strategic approach that we released in December of last calendar year,” said David Hult, CEO of Asbury Automotive Group. “Bill’s preeminent management encounter and benefits attained although jogging Toyota and Lexus operations in the United States and Mexico will be priceless to Asbury. His functioning benefits across hundreds of diverse markets in the United States and Mexico are remarkable.”

“It is exciting to turn out to be a board member at Asbury Automotive Group, a really respected, top-tier automotive retailer. I look ahead to supporting their intense advancement targets throughout all functions with fantastic concentrate to the continuing innovation in the customer practical experience,” explained Invoice Fay.

Through his vocation with Toyota, which started in 1982, Mr. Fay held senior management roles with Toyota, which include most a short while ago as Senior Vice President of Automotive Operations of Toyota North The united states (Toyota & Lexus Divisions) from 2017-2020. Prior to that, Mr. Fay held management roles with Toyota Motor Gross sales, like Team Vice President & General Manager (Toyota Division) from 2014-2017 Group Vice President –Toyota Advertising and marketing from 2010-2014 Vice President – Toyota Revenue from 2007-2010 and Standard Supervisor (Boston/Los Angeles Locations) from 1995-2007.

About Asbury Automotive Group, Inc.

Asbury Automotive Group, Inc. (“Asbury”), a Fortune 500 organization headquartered in Duluth, GA, is a person of the premier automotive shops in the U.S. Asbury at the moment operates 91 dealerships, consisting of 112 franchises, representing 31 domestic and overseas brand names of cars. Asbury also operates 25 collision restore facilities. Asbury gives clients an substantial assortment of automotive solutions and companies, including new and employed vehicle gross sales and linked funding and insurance coverage, vehicle maintenance and maintenance providers, substitution pieces and provider contracts.

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Source Asbury Automotive Team, Inc.