Asbury Automotive Announces Chief Legal Officer George Villasana to Retire

Source: www.gulfoilandgas.com 4/19/2024, Location: North America

Chief Legal Officer George Villasana to retire after 12 years of service
Long-term transition plan will ensure an orderly succession
Company is conducting comprehensive Chief Legal Officer selection process

Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., announced that George A. Villasana, Senior Vice President, Chief Legal Officer and Secretary of the Company, provided notice of his intention to retire from the Company after serving in that role for over 12 years. Under the transition plan, Mr. Villasana will continue to serve as Senior Vice President, Chief Legal Officer and Secretary until June 30, 2024, and thereafter will serve as a Special Advisor to the Company until his retirement on March 31, 2025. Mr. Villasana announced his retirement to facilitate an orderly transition to his successor, who is expected to be announced following a comprehensive process to consider internal and external candidates.

David W. Hult, Asbury's President and Chief Executive Officer, said, "George has exhibited an unwavering commitment and dedication to Asbury and delivered exemplary service to Asbury. George has been instrumental in Asbury’s successful achievement of its transformational growth and other strategic objectives over the years. I am thankful that George has agreed to stay on as a special advisor through the first quarter of 2025.”

Asbury Chairman of the Board Thomas Reddin added, “We are thankful to George for serving as the Board’s trusted chief legal advisor over his 12 years of service. George’s integrity, experience and professionalism made him a very effective legal advisor to the company and the board.”

Mr. Villasana said of his upcoming retirement, "I am proud to have served as Asbury’s chief legal officer for over a decade. It has been rewarding to have contributed to Asbury’s growth and success during that time. I am honored and privileged to have led a stellar legal team and worked with the other outstanding teams across the Company. I am optimistic about the future of Asbury and look forward to continuing to support the company.”


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