Sonic Automotive elects David Bruton Smith as Chairman; B. Scott Smith rejoins board

SONIC AUTOMOTIVE INC

David Bruton Smith, current CEO, elected Chairman of the Board effective July 27, 2022.
B. Scott Smith (co-founder, >10% owner) elected to board to fill vacancy from O. Bruton Smith's passing; term expires at 2023 annual meeting.
B. Scott Smith will receive a grant of 3,884 restricted shares vesting on first anniversary of grant date.
B. Scott Smith served as CEO from July 2015 to September 2018 and as director from 1997 to 2018; no committee assignments.

item 5.02

Executive movements

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Appointed

B. Scott Smith

Director

SAH · SONIC AUTOMOTIVE INC

Effective: 2022-07-27
Filed: July 29, 2022, 7:59 PM ET

Also on July 27, 2022, the Board of the Company elected B. Scott Smith, Co-Founder of the Company and a greater than 10% beneficial owner of the Company, to the Board to fill the vacancy created by the passing of O. Bruton Smith, effective that day, with a term expiring at the Company’s 2023 annual meeting of stockholders.

Role change

David Bruton Smith

Chairman of the Board

SAH · SONIC AUTOMOTIVE INC

Effective: 2022-07-27
Filed: July 29, 2022, 7:59 PM ET

On July 27, 2022, the Board of Directors (the “Board”) of Sonic Automotive, Inc. (the “Company”) elected David Bruton Smith, the Company’s Chief Executive Officer and a member of the Board, to also serve as Chairman of the Board, effective that day.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

B. Scott Smith was elected as Director at SONIC AUTOMOTIVE INC.

Action: elected
Role: Director

Exact text from the filing

Also on July 27, 2022, the Board of the Company elected B. Scott Smith, Co-Founder of the Company and a greater than 10% beneficial owner of the Company, to the Board to fill the vacancy created by the passing of O. Bruton Smith, effective that day, with a term expiring at the Company’s 2023 annual meeting of stockholders.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Bruton Smith was elected as Chairman of the Board at SONIC AUTOMOTIVE INC.

Action: elected
Role: Chairman of the Board

Exact text from the filing

On July 27, 2022, the Board of Directors (the “Board”) of Sonic Automotive, Inc. (the “Company”) elected David Bruton Smith, the Company’s Chief Executive Officer and a member of the Board, to also serve as Chairman of the Board, effective that day.

View on SEC.gov

SONIC AUTOMOTIVE INC filing history →

Source: SEC EDGAR

accession 0001043509-22-000012

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