- Automotive retailer Asbury Automotive Group, Inc. (NYSE:ABG) has appointed Michael Welch as Senior Vice President and Chief Financial Officer effective August 9, 2021.
- Welch has served as the Vice President and Corporate Controller at Group 1 Automotive, Inc. (NYSE:GPI).
- Welch did his Bachelor of Business Administration from Oklahoma Baptist University and is a Certified Public Accountant (CPA) in Texas.
- “Michael has spent over 20 years working in the automotive retail industry, so he brings with him a deep understanding of the auto retail business along with broad experience in financial management, treasury, accounting, and auditing, which will prove invaluable as we continue to execute on our five-year growth plan,” said CEO David Hult.
- Price action: ABG shares traded lower by 2.48% at $173.19 on the last check Tuesday.
1933 Industries FY 2022 Revenue Grows 4.7% YoY To $9.22M
1933 Industries Inc. (OTCQB: TGIFF) (CSE:TGIF) released its fourth quarter and audited annual financial results for the year ended July 31, 2022, revealing total revenues were CA$12.5 million ($9.22 million) for fiscal 2022, a 4.7% increase compared to CA$12.0 million in fi