---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-275842"
form_type: "8-K"
ticker: "GPI"
cik: "0001031203"
company_name: "GROUP 1 AUTOMOTIVE INC"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T11:36:17.835208+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Frank Grese, SVP of Training & Operations Support, to retire from Group 1 Automotive effective Dec 31, 2022

## Summary
- Frank Grese will retire as SVP, Training, Operations Support & Employee Communications effective Dec 31, 2022.
- Under Transition and Separation Agreement, Grese receives lump sum of $596,000 (annual base salary) on retirement date.
- Grese continues salary, benefits, and year-end bonus eligibility through retirement; unvested restricted stock vests over two years subject to non-compete.
- Shares scheduled to vest Feb 2023 will vest immediately upon retirement, not subject to additional restrictive period.

## SEC filing metadata
- accession: 0001193125-22-275842
- form_type: 8-K
- ticker: GPI
- cik: 0001031203
- company_name: GROUP 1 AUTOMOTIVE INC
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031203/000119312522275842/0001193125-22-275842-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031203/000119312522275842/d377524d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-275842
- JSON: https://secwatch.observer/filing/0001193125-22-275842.json
- Plain text: https://secwatch.observer/filing/0001193125-22-275842.txt

## Key facts
- Executive change
  Frank Grese departed as Senior Vice President, Training, Operations Support & Employee Communications at GROUP 1 AUTOMOTIVE INC.
  - Action: retire
  - Role: Senior Vice President, Training, Operations Support & Employee Communications
  source text: On October 27, 2022, Frank Grese, Senior Vice President, Training, Operations Support & Employee Communications of Group 1 Automotive, Inc. (the “ Company ”), notified the Board of Directors of the Company that he will retire from all officer positions and as an employee at the Company and its subsidiaries effective December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031203/000119312522275842/0001193125-22-275842-index.htm

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