"We thank Keith for his valuable service to Asbury over the last 13 years and wish him well in his next endeavor,” Craig Monaghan, Asbury's president and CEO. “We are pleased that Keith has agreed to remain with the company until after we file our annual report on the Form 10-K for the year ended December 31, 2016."
Style will take over as president and CFO of a privately owned business, Asbury said. He will be replaced on an interim basis by William Stax, currently Asbury's corporate controller and chief accounting officer.
"I would like to thank Craig for his mentorship during our time working together,” Style said. “I'm very thankful for the opportunities and support both he and the board provided me during my years at Asbury. It's been a privilege to work alongside the high-performing members of the Asbury team."
Atlanta-based Asbury Automotive is one of the nation's largest automotive retailers, operating 79 dealerships with 95 franchises.
Organizations in this story
Asbury Automotive Group 2905 Premiere Parkway Duluth, GA 30097