Asbury Automotive Group, Inc. Announces the Resignation of William Stax as Vice President, Controller and Chief Accounting Officer, Effective on May 13, 2022
March 18, 2022 at 04:47 pm EDT
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On March 17, 2022, Mr. William Stax provided notice of his intention to resign as Vice President, Controller and Chief Accounting Officer of Asbury Automotive Group, Inc. effective on May 13, 2022 in order to relocate out of state and be closer to his family.
Asbury Automotive Group, Inc. is an automotive retailer company. The Company operates through two segments: Dealerships and Total Care Auto (TCA). The Company offers a range of automotive products and services, including new and used vehicles; parts and service, which includes vehicle repair and maintenance services, replacement parts and collision repair services, and finance and insurance (F&I) products, which includes arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection (GAP) debt cancellation and prepaid maintenance. The Company operates approximately 160 new vehicle dealerships, consisting of 208 franchises, representing 31 domestic and foreign brands of vehicles. Its TCA, powered by Landcar, is a provider of service contracts and other vehicle protection products, and 37 collision repair centers.
Asbury Automotive Group, Inc. Announces the Resignation of William Stax as Vice President, Controller and Chief Accounting Officer, Effective on May 13, 2022