Asbury Automotive (NYSE: ABG) names interim HR chief

(Moderate)

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

ASBURY AUTOMOTIVE GROUP INC (ABG) reported a leadership change in its human resources function. On and effective August 19, 2026, the company and Jed Milstein, Senior Vice President & Chief Human Resources Officer, ended his employment relationship with the company.

Effective August 20, 2026, Wendy Reynolds-Dobbs, Vice President, Talent Development & Chief Culture Officer, began serving as interim Chief Human Resources Officer. Any severance pay for Mr. Milstein would be made under his February 21, 2017 severance pay agreement as a termination without cause, subject to the discretion of the company’s Compensation and Human Resources Committee.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Employment end date: August 19, 2026 Interim CHRO effective date: August 20, 2026 Severance agreement date: February 21, 2017 +1 more

4 metrics

Employment end date August 19, 2026 Date on which ABG and Senior Vice President & Chief Human Resources Officer Jed Milstein ended his employment relationship

Interim CHRO effective date August 20, 2026 Date on which Wendy Reynolds-Dobbs began serving as interim Chief Human Resources Officer at ABG

Severance agreement date February 21, 2017 Date of the severance pay agreement governing potential severance to Jed Milstein

Report signature date August 25, 2026 Date on which the report was signed by Senior Vice President, General Counsel & Secretary Dean A. Calloway

Key Terms

interim Chief Human Resources Officer, severance pay agreement, termination without cause, Compensation and Human Resources Committee

4 terms

interim Chief Human Resources Officer financial

"began serving as interim Chief Human Resources Officer"

severance pay agreement financial

"in accordance with the terms of that certain severance pay agreement"

termination without cause financial

"as a termination without cause, and as may be further determined"

Compensation and Human Resources Committee financial

"subject to the discretion of the Company’s Compensation and Human Resources Committee"

FAQ

What executive leadership change did ASBURY AUTOMOTIVE GROUP INC (ABG) announce?

ABG disclosed that, on and effective August 19, 2026, it ended the employment relationship with Jed Milstein, its Senior Vice President & Chief Human Resources Officer, and that an interim Chief Human Resources Officer was appointed effective August 20, 2026.

Who is serving as interim Chief Human Resources Officer at ABG and when did this begin?

Wendy Reynolds-Dobbs, previously Vice President, Talent Development & Chief Culture Officer, began serving as interim Chief Human Resources Officer of ABG effective August 20, 2026, following the end of Jed Milstein’s employment.

How will severance for former CHRO Jed Milstein of ABG be determined?

Any severance pay for Jed Milstein would be paid under his severance pay agreement dated February 21, 2017, treated as a termination without cause, and may be further determined subject to the discretion of ABG’s Compensation and Human Resources Committee of the Board of Directors.

What board committee at ABG may influence Mr. Milstein’s severance terms?

The Compensation and Human Resources Committee of ABG’s Board of Directors may further determine aspects of any severance pay to which Jed Milstein would be entitled, in addition to the terms of his February 21, 2017 severance pay agreement.

What role did Jed Milstein hold at ASBURY AUTOMOTIVE GROUP INC (ABG) before his departure?

Before his employment ended on August 19, 2026, Jed Milstein served as Senior Vice President & Chief Human Resources Officer of ASBURY AUTOMOTIVE GROUP INC.

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Available on EDGAR 08/25/2026 - 04:10 PM Accepted by SEC EDGAR 08/25/2026 - 04:10 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 19, 2026

Asbury Automotive Group, Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

001-31262

01-0609375

(Commission File Number)

(IRS Employer Identification No.)

6655 Peachtree Dunwoody Road

Atlanta,

30328

(Address of principal executive offices)

(Zip Code)

(770) 418-8200

(Registrant's telephone number, including area code)

None

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Trading

Title of each class

Symbol(s)

Name of each exchange on which registered

Common stock, $0.01 par value per share

ABG

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On and effective August 19, 2026, Asbury Automotive Group, Inc. (the “Company”) and Jed Milstein, the Company’s Senior Vice President & Chief Human Resources Officer, ended Mr. Milstein’s employment relationship with the Company. Effective August 20, 2026, Wendy Reynolds-Dobbs, the Company’s Vice President, Talent Development & Chief Culture Officer, began serving as interim Chief Human Resources Officer.

Any severance pay to which Mr. Milstein would be entitled would be paid in accordance with the terms of that certain severance pay agreement between Mr. Milstein and the Company dated February 21, 2017, as a termination without cause, and as may be further determined subject to the discretion of the Company’s Compensation and Human Resources Committee of the Board of Directors.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	ASBURY AUTOMOTIVE GROUP, INC.

Date: August 25, 2026	By:	/s/ Dean A. Calloway
	Name:	Dean A. Calloway
	Title:	Senior Vice President, General Counsel & Secretary

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents