Oct. 18, 2012
/PRNewswire/ -- Asbury Automotive Group (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that Executive Vice President and Chief Operating Officer
Michael S. Kearney
has been appointed to its Board of Directors. With Kearney's appointment, the Board of Directors now consists of nine members.
"I am pleased to welcome Michael as a member of our Board," said
Thomas DeLoach, Jr.
"Michael has over 30 years of automotive retail experience, 22 of which are with this company, and has cultivated numerous deep relationships throughout the industry. He is an outstanding addition to our Board."
"Michael's demonstrated leadership abilities and extensive knowledge of the automotive retail business have proven invaluable in rebuilding our company and positioning us well with a strong operational foundation for the future," said President and CEO
. "It's been a pleasure to work with Michael, and I look forward to serving on the board with him."
In 1990, Kearney joined
's Crown Automotive Group as chief financial officer. In 2000, he assumed the role of president and CEO of Crown Automotive Group, and then president of
's former Eastern Region (which included North and
) in 2008. Crown, which grew from 8 to 18 dealerships throughout
, merged with
in 1998. Kearney played a key role in
's public offering in 2002.
Kearney received his B.S. from the
College of William and Mary
, and an M.S. from
Virginia Commonwealth University
"I am honored to become a member of our Board of Directors," said Kearney. "I look forward to serving in this new capacity and continuing my work with our dealership operations."