GPI - Group 1 Automotive CEO Earl J. Hesterberg to retire in December Daryl Kenningham to succeed
- Group 1 Automotive ( NYSE: GPI ) announced that Earl J. Hesterberg, President and Chief Executive Officer will retire as CEO and from the Board of Directors, effective December 31, 2022.
- Currently President of U.S. Operations Daryl Kenningham has been appointed as President and Chief Operating Officer and a member of the Board of Directors, effective immediately and will succeed Hesterberg as CEO effective January 1, 2023, upon Mr. Hesterberg's retirement.
- Kenningham joined the company in 2011 as a Regional Vice President and continually expanded his areas of responsibility since that time to include all of Group 1's U.S. operations as well as many key company support functions such as marketing, facilities and information technology.
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Group 1 Automotive CEO Earl J. Hesterberg to retire in December, Daryl Kenningham to succeed