– USA, TX – Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today announced the appointment of Charles L. Szews to its Board of Directors, effective immediately. With this addition, the Group 1 Automotive Board now comprises nine directors, of whom seven are independent.
From 1996 through 2015, Mr. Szews held a series of senior management roles at Oshkosh Corporation (formerly Oshkosh Truck Corporation), a leading designer, manufacturer and marketer of a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies. Mr. Szews joined Oshkosh in 1996 as vice president and chief financial officer. He was named executive vice president in 1997, president and chief operating officer in 2007, chief executive officer in 2011, and retired as CEO in December 2015.
Mr. Szews currently serves as a director and audit committee member of Rowan Companies. Mr. Szews also serves as a director and member of the audit and finance committees of Commercial Metals Company. Previously, Mr. Szews served as a director and audit committee member of Gardner Denver, Inc., from 2006 through its sale in 2013, during which he was appointed chair of the audit committee in 2012 and a member of the nominating and corporate governance committee in 2011.
“Charlie brings strong leadership, experience managing global businesses, and expertise in capital allocation and generating shareholder value,” said Earl Hesterberg, Group 1’s president and chief executive officer. Group 1’s chairman, John L. Adams added, “During his tenure at Oshkosh, Charlie led strategy development and deployment, as well as sixteen acquisitions. We look forward to the insight and experience he will add to our talented management team.”
About Group 1 Automotive, Inc.
Group 1 owns and operates 159 automotive dealerships, 210 franchises, and 38 collision centers in the United States, the United Kingdom and Brazil that offer 31 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.
For more information : http://www.group1auto.com
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