---
schema_version: "secwatch.filing_event.v1"
accession: "0001144980-22-000134"
form_type: "8-K/A"
ticker: "ABG"
cik: "0001144980"
company_name: "ASBURY AUTOMOTIVE GROUP INC"
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T13:57:01.496504+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Asbury Automotive enters consulting agreement with departing CAO Stax for $200,000

## Summary
- William Stax resigned as VP, Controller & CAO effective May 13, 2022.
- Transition consulting term from May 16 through Oct 31, 2022.
- Total compensation of $200,000: 5 payments of $20,000 plus a $100,000 lump sum upon release.
- Consulting agreement to ensure orderly transition; no successor named in this filing.

## SEC filing metadata
- accession: 0001144980-22-000134
- form_type: 8-K/A
- ticker: ABG
- cik: 0001144980
- company_name: ASBURY AUTOMOTIVE GROUP INC
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144980/000114498022000134/0001144980-22-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144980/000114498022000134/abg-20220317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001144980-22-000134
- JSON: https://secwatch.observer/filing/0001144980-22-000134.json
- Plain text: https://secwatch.observer/filing/0001144980-22-000134.txt

## Key facts
- Executive change
  William Stax resigned as Vice President, Controller and Chief Accounting Officer at ASBURY AUTOMOTIVE GROUP INC.
  - Action: resigned
  - Role: Vice President, Controller and Chief Accounting Officer
  source text: Mr. William Stax had provided notice of his intention to resign as Vice President, Controller and Chief Accounting Officer of the Company effective on May 13, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1144980/000114498022000134/0001144980-22-000134-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.