David W. Hult has been instrumental in Asbury Automotive Group's performance, particularly in his role as CEO since January 2018. His holdings in the company have seen significant growth, especially in 2022 when his vested stock awards reached a value...
David W. Hult has been instrumental in Asbury Automotive Group's performance, particularly in his role as CEO since January 2018. His holdings in the company have seen significant growth, especially in 2022 when his vested stock awards reached a value of approximately $3.7 million. Over the years, Hult's net worth tied to Asbury's performance has fluctuated, reflecting his commitment to aligning personal success with company success. In 2020, his total compensation was about $6.5 million, indicating a consistent growth in his stake in the company's future. Despite not having received stock grants every year, the performance share units he has been awarded are tied to the company's annual profitability and growth metrics. This reflects a belief in the importance of linking personal wealth with the overall success of the company, giving him a vested interest in Asbury's long-term performance.