Group 1 Automotive Inc 8-K, filed Jan 18, 2023
Group 1 Automotive Inc (GPI)
About this 8-K
Group 1 Automotive Inc filed this 8-K on January 18, 2023, reporting on events of January 17, 2023.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company.
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On January 17, 2023, Group 1 Automotive, Inc., a Delaware corporation, announced the appointments of Gillian Hobson as Senior Vice President, Chief Legal Officer and Corporate Secretary and Kimberly Barta as Vice President and Chief Marketing Officer.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Index
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Description |
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99.1 |
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Press Release of Group 1 Automotive, Inc., dated as of January 17, 2023. |
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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Group 1 Automotive, Inc. |
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Date: January 18, 2023 |
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By: |
/s/ Gillian A. Hobson |
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Name: Gillian A. Hobson |
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Title: Sr. Vice President, Chief Legal Officer and Corporate Secretary |
Exhibit 99.1
FOR IMMEDIATE RELEASE
Group 1 Automotive Announces Additions of Chief Legal Officer and Chief Marketing Officer
HOUSTON– January 17, 2023 – Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), an international Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., announced today the appointments of Gillian Hobson as Senior Vice President, Chief Legal Officer and Corporate Secretary and Kimberly Barta as Vice President and Chief Marketing Officer.
Hobson joins Group 1 from Vinson & Elkins in Houston where she has served as a member of the firm’s management committee and as Group 1’s primary relationship attorney. During her 22-year tenure, she was part of the mergers and acquisition/capital markets practice group and represented public and private companies in corporate transactions, including mergers and acquisitions, capital-raising transactions, securities law and corporate governance matters. Hobson received her undergraduate degree from Harvard University and her J.D. from the University of Houston Law Center.
Hobson succeeds Darryl M. Burman, who is retiring as Senior Vice President and General Counsel of Group 1. Since 2006, Burman has been responsible for all domestic and international legal matters at Group 1, following a distinguished 23-year corporate and securities legal career in Houston.
As the first Chief Marketing Officer at Group 1, Barta is responsible for leading the strategy, development, and execution of Group 1’s marketing, communications, and advertising initiatives. She will play a vital role in developing customer research, leveraging big data and creating relevant marketing messaging. She will also lead Group 1’s efforts in increasing awareness and adoption of AcceleRide®, Group 1’s customer experience platform. Prior to joining Group 1, Barta served in marketing leadership roles for brands including Nike’s innovation lab, SOREL, and Dr. Martens®, where she helped transform the customer experience, increase brand trust, preference and advocacy.
“We are privileged to welcome these two accomplished executives to the Group 1 leadership team. Gillian and Kimberly are proven professionals who bring skill sets to Group 1 that will help drive our strategic growth and customer-centric initiatives,” said Daryl Kenningham, Group 1’s President and CEO. “We’d also like to thank Darryl Burman for his 16 years of service to the company. Darryl was instrumental in supporting much of Group 1’s expansion during that time and we wish him the best in his retirement.”
ABOUT GROUP 1 AUTOMOTIVE, INC.
Group 1 owns and operates 204 automotive dealerships, 275 franchises, and 46 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, www.facebook.com/group1auto, and www.twitter.com/group1auto.
SOURCE: Group 1 Automotive, Inc.
Investor contacts:
Jason Babbitt
Vice President, Treasurer
Group 1 Automotive, Inc.
jbabbitt@group1auto.com
Media contacts:
Pete DeLongchamps
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223
cwoods@piercom.com