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Group 1 Automotive Announces CEO Transition Plans

PR Newswire - Wed Aug 24, 2022

HOUSTON, Aug. 24, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced that Earl J. Hesterberg, President and Chief Executive Officer will retire as CEO and from the Board of Directors, effective December 31, 2022.  Long-tenured Group 1 executive Daryl Kenningham, currently President of U.S. Operations, has been appointed as President and Chief Operating Officer and a member of the Board of Directors, effective immediately, and will succeed Hesterberg as CEO effective January 1, 2023, upon Mr. Hesterberg's retirement. 

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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