Asbury Automotive appoints Shamla Naidoo to Board effective Jan 1, 2025

ASBURY AUTOMOTIVE GROUP INC

Shamla Naidoo appointed to Asbury Board effective Jan 1, 2025; brings cybersecurity and tech expertise.
Naidoo served as VP & Global CISO at IBM (2015-2021) and Head of Cloud Strategy at Netskope (2021-2024).
Will serve on Audit Committee and Compensation & Human Resources Committee.
Board expands to ten directors, nine independent; annual equity retainer for non-employee directors increased to $210,000.

item 5.02 item 9.01

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Appointed

Shamla Naidoo

Director

ABG · ASBURY AUTOMOTIVE GROUP INC

Effective: 2025-01-01
Filed: November 19, 2024, 6:59 PM ET

appointed Shamla Naidoo to serve as a member of the Board effective January 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Shamla Naidoo was appointed as Director at ASBURY AUTOMOTIVE GROUP INC.

Action: appointed
Role: Director

Exact text from the filing

appointed Shamla Naidoo to serve as a member of the Board effective January 1, 2025.

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ASBURY AUTOMOTIVE GROUP INC filing history →

Source: SEC EDGAR

accession 0001144980-24-000153

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