As CEO, Earl J. Hesterberg has significant stock holdings in Group 1 Automotive, demonstrating his commitment to the company’s success. In 2010, Hesterberg received an award of 120,000 shares of restricted stock tied to his new employment agreement, which vests...
As CEO, Earl J. Hesterberg has significant stock holdings in Group 1 Automotive, demonstrating his commitment to the company’s success. In 2010, Hesterberg received an award of 120,000 shares of restricted stock tied to his new employment agreement, which vests over several years. His holdings peaked in 2013 with 176,000 shares valued at about $12.5 million. After some fluctuations, as of 2022, his vested stocks are valued at approximately $8.7 million in total. This pattern shows he has remained invested in the company through good and bad times, reflecting a focus on long-term gains rather than quick profits.