secwatch.observer — SEC 8-K summary
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Issuer:     GROUP 1 AUTOMOTIVE INC (GPI)
CIK:        0001031203
Form:       8-K
Filed at:   2022-08-24T23:59:59+00:00
Accession:  0001193125-22-228066
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Group 1 Automotive announces CEO transition: Hesterberg to retire Dec 31, 2022; Kenningham to succeed
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- Earl Hesterberg will retire as CEO and from the Board effective December 31, 2022.
- Daryl Kenningham appointed President & COO effective immediately, and CEO effective January 1, 2023.
- Kenningham's annual base salary set at $1.1 million beginning August 24, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031203/000119312522228066/0001193125-22-228066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031203/000119312522228066/d382733d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-228066

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