Asbury (ABG) has provided an update.
Asbury Automotive Group, Inc. has announced the retirement of George A. Villasana, their Senior Vice President, Chief Legal Officer, and Secretary, effective June 30, 2024. Following his retirement, Villasana will act as a non-executive Special Advisor to the company until March 31, 2025, with a monthly remuneration of $59,133. His equity awards will continue to vest during this advisory period, with an accelerated vesting of the remaining unvested equity awards post-transition, subject to compliance with specific conditions.
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