Asbury names former Group 1, RML exec David Hult COO

Posted on 10/25/2014 11:20:18 AM

Former group 1 and auto executives RML David Holt will become the next head of retail operations Asbury Automotive Group Public Co., Ltd. to expand the initiative used car shop and look through the acquisition growth.

Hult International Business School, 49, participate in Asbury Asbury 3 January 11 has been looking to replace the current chief operating officer, Michael Carney, who is retiring.

"David brings a wealth of knowledge of the automotive retail industry to his new position with a proven track record," said CEO Craig Monaghan Asbury said today in a statement. "He will be responsible for the direction to managers and employees in our stores, while our business initiatives." Asbury, the seventh largest dealership group headquarters in suburban Atlanta and operates 81 national distributors.

Hult International Business School recently COO RML car, earlier this year changed its name from RLJ Michaela  Fernandez. Before this, he had long served as another group of public auto,Mitsubishi head rotor 149701-0520 Group 1 company executives Automotive According to LinkedIn Hult International Business School Page, who was vice president of marketing and fixed operations in the first set when he left in July 2012 between seasons in the top group 1, Hult International Business School is also the CEO in a public store Penske Automotive Group Inc., a shop, in 2003 and 2004.

According to Asbury, Holt started in the automotive industry, after serving in the Army USA as a seller. Asbury also described it as many areas of the industry, including extensive experience in service, marketing, fixed operations at all levels of the variables.

When Carney, 63, COO resign, Holt arrived, but he will continue to work with the company to help until March 2015 to April Kearney has announced the withdrawal of the transition to retirement.

"I look forward to working closely with David to ensure a smooth transition," Carney said in a statement Asbury. "David brings years of experience and training, which will ensure our continued success."

Hult International Business School to expand the reach of your business as Asbury automatic Q independent used car. Q Asbury Automotive opened two stores in Florida earlier this year and will open in November in the third Fort Myers, Florida more stores are possible, executives said.

Earlier this week, said Monaghan Asbury hopefully in the next 18 months to acquire distributors increased $ 500 million in annual revenue. This is on top of the latest offers Asbury dealer bought two undisclosed $ 250 million increase in income portfolio at the end of this year or early 2015 once the transaction is complete.

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