secwatch / observer
8-K filed August 24, 2022, 7:59 PM ET ticker GPI CIK 0001031203
leadership confidence high sentiment neutral materiality 0.65

Group 1 Automotive announces CEO transition: Hesterberg to retire Dec 31, 2022; Kenningham to succeed

GROUP 1 AUTOMOTIVE INC

item 5.02item 7.01item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Daryl Kenningham

Director
GPI · GROUP 1 AUTOMOTIVE INC
Effective
2022-08-24
Filed
August 24, 2022, 7:59 PM ET
Mr. Kenningham was appointed to the position of President and Chief Operating Officer and as a member of the Board, effective immediately.
Appointed

Daryl Kenningham

President and Chief Operating Officer
GPI · GROUP 1 AUTOMOTIVE INC
Effective
2022-08-24
Filed
August 24, 2022, 7:59 PM ET
Mr. Kenningham was appointed to the position of President and Chief Operating Officer and as a member of the Board, effective immediately.
Appointed

Daryl Kenningham

Chief Executive Officer
GPI · GROUP 1 AUTOMOTIVE INC
Effective
2023-01-01
Filed
August 24, 2022, 7:59 PM ET
The Board has appointed Mr. Daryl Kenningham to succeed Mr. Hesterberg in the role of CEO, effective January 1, 2023.
Departed

Earl J. Hesterberg

Chief Executive Officer
GPI · GROUP 1 AUTOMOTIVE INC
Effective
2022-12-31
Successor
Daryl Kenningham
Filed
August 24, 2022, 7:59 PM ET
would retire from the position of CEO and as a member of the Board effective as of December 31, 2022.
Departed

Earl J. Hesterberg

President
GPI · GROUP 1 AUTOMOTIVE INC
Effective
2022-08-24
Successor
Daryl Kenningham
Filed
August 24, 2022, 7:59 PM ET
would resign from the position of President immediately

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daryl Kenningham was appointed as Director at GROUP 1 AUTOMOTIVE INC.

Action
appointed
Role
Director
Exact text from the filing
Mr. Kenningham was appointed to the position of President and Chief Operating Officer and as a member of the Board, effective immediately.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Daryl Kenningham was appointed as President and Chief Operating Officer at GROUP 1 AUTOMOTIVE INC.

Action
appointed
Role
President and Chief Operating Officer
Exact text from the filing
Mr. Kenningham was appointed to the position of President and Chief Operating Officer and as a member of the Board, effective immediately.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Daryl Kenningham was appointed as Chief Executive Officer at GROUP 1 AUTOMOTIVE INC.

Action
appointed
Role
Chief Executive Officer
Exact text from the filing
The Board has appointed Mr. Daryl Kenningham to succeed Mr. Hesterberg in the role of CEO, effective January 1, 2023.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Earl J. Hesterberg retired as Chief Executive Officer at GROUP 1 AUTOMOTIVE INC.

Action
retired
Role
Chief Executive Officer
Exact text from the filing
would retire from the position of CEO and as a member of the Board effective as of December 31, 2022.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Earl J. Hesterberg resigned as President at GROUP 1 AUTOMOTIVE INC.

Action
resigned
Role
President
Exact text from the filing
would resign from the position of President immediately
View on SEC.gov

GROUP 1 AUTOMOTIVE INC filing history →

Source: SEC EDGAR
accession 0001193125-22-228066
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