– USA, GA – Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced the appointment of Shamla Naidoo to its Board as an Independent Director effective January 1, 2025, bringing the Board to ten members, of whom nine are independent.
Shamla Naidoo will also join the Audit Committee and the Compensation & Human Resources Committee.
“We are thrilled to welcome Shamla to the Board. She is a tremendous addition and we are fortunate to have her,” said Board Chair Tom Reddin. “In particular, Shamla’s in-depth experience with technology and cybersecurity issues will greatly enhance our Board’s capabilities.”
About Shamla Naidoo
Shamla Naidoo began her career as a hands-on technologist and leveraged her proficiency in technology innovation, security, privacy, and regulatory compliance to drive global risk management programs. She brings a rare mix of global business experience, cyber and technology skills, and legal knowledge, and over the last thirty years has worked across various industries in countries on six continents. In these roles, she has helped companies better execute their digital transformation journey and technology adoption. She is a frequent lecturer on the issues of emerging technologies and global privacy law.
From August 2015 to June 2021, Shamla Naidoo served as VP of Technology Risk & Global CISO for International Business Machines (NYSE: IBM), where she was responsible for protecting IBM from cybersecurity threats and managing strategic risk in the IBM product portfolio. From June 2021 until July 2024, she served as the Head of Cloud Strategy and Innovation at Netskope.
Shamla Naidoo serves as a non-executive director for QBE North America, a post she has held since January 2021, and as a non-executive director for Wisdom Tree (NYSE: WT), a post she has held since June 2023. Previously, Ms. Naidoo served as a board member for Reference Point LLC which was acquired by Resources Connection, Inc. (Nasdaq: RGP) in 2024. She was also a non-executive director at Stonebridge Acquisition from July 2021 to April 2024, which has since been reconstituted as Stonebridge II, where she is an independent director.
About Asbury Automotive Group, Inc.
Asbury Automotive Group, Inc., a Fortune 500 company headquartered in Duluth, GA, is one of the largest automotive retailers in the U.S. In late 2020, Asbury embarked on a multi-year plan to increase revenue and profitability strategically through organic operations, acquisitive growth, and innovative technologies, with its guest-centric approach as Asbury’s constant North Star. As of September 30, 2024, Asbury operated 153 new vehicle dealerships, consisting of 202 franchises and representing 31 domestic and foreign brands of vehicles. Asbury also operates Total Care Auto, Powered by Landcar, a leading provider of service contracts and other vehicle protection products, and 37 collision repair centers. Asbury offers an extensive range of automotive products and services, including new and used vehicles; parts and service, which includes vehicle repair and maintenance services, replacement parts, and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, and prepaid maintenance. Asbury is recognized as one of America’s Fastest Growing Companies 2024 by the Financial Times.
For more: https://www.asburyauto.com
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