Group 1 CEO Hesterberg to retire at year's end; U.S. chief Kenningham named to top post

Kenningham, left, takes over as CEO from Hesterberg on Jan. 1, 2023.

Lindsay VanHulle

August 24, 2022 11:41 AM

Group 1 Automotive Inc., the fourth-largest U.S. auto dealership group in 2021, said CEO Earl Hesterberg will retire at the end of the year.

Featured Stories

U.S. car dealership count increases in 2024, throughput rises

U.S. car dealership count increases in 2024, throughput rises

Cars that run on code: How chips changed the vehicle

Cars that run on code: How chips changed the vehicle

Nissan braces for executive change as board leans to internal candidates for new CEO

Nissan braces for executive change as board leans to internal candidates for new CEO

Canadian Prime Minister-designate Mark Carney says tariffs to stay until U.S. shows ‘respect’

Canadian Prime Minister-designate Mark Carney says tariffs to stay until U.S. shows ‘respect’

Latest News

Canadian Prime Minister-designate Mark Carney says tariffs to stay until U.S. shows ‘respect’

Customer drives vehicle into California CarMax store, injures 8

Daily 5 report for March 10: Detroit 3 shrink store counts as import competitors expand

British startup Wayve intends to help automakers compete with BYD, Tesla on automated driving tech

Staying current is easy with newsletters delivered straight to your inbox.

See More in Executives

Automotive News seeks standout executives for Rising Stars

Daily 5 report for March 4: Stellantis, facing myriad regional issues, emphasizes regional leadership

Ohio Sen. Bernie Moreno says tariffs worth ‘short-term’ pain

Daily 5 report for Feb. 28: Stellantis, Lucid shareholders pay price for CEO success and failure

Staying current is easy with newsletters delivered straight to your inbox.