David Hult has been the CEO of Asbury Automotive Group, Inc. (NYSE:ABG) since 2018, and this article will examine the executive’s compensation with respect to the overall performance of the company. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company.
Comparing Asbury Automotive Group, Inc.’s CEO Compensation With the industry
Our data indicates that Asbury Automotive Group, Inc. has a market capitalization of US$2.1b, and total annual CEO compensation was reported as US$5.5m for the year to December 2019. That’s a notable increase of 9.5% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$1.0m.
On comparing similar companies from the same industry with market caps ranging from US$1.0b to US$3.2b, we found that