Asbury Automotive Group CEO David Hult's 2021 pay rises 15% to $7.5M
Asbury Automotive Group reports 2021 executive compensation
By ExecPay News
Published: March 14, 2022
Asbury Automotive Group reported fiscal year 2021 executive compensation information on March 14, 2022.
In 2021, seven executives at Asbury Automotive Group received on average a compensation package of $2.5M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Asbury Automotive Group
David W. Hult, Chief Executive Officer, received $7.5M in total, which increased by 15% compared to 2020. 43% of Hult's compensation, or $3.2M, was in non-equity incentive plan. Hult also received $1.2M in salary, $3M in stock awards, as well as $22K in other compensation.
For fiscal year 2021, the median employee pay was $66,857 at Asbury Automotive Group. Therefore, the ratio of David W. Hult's pay to the median employee pay was 111 to one.
George A. Villasana, Chief Legal Officer, received a compensation package of $2.3M, which is about the same as previous year. 44% of the compensation package, or $1M, was in non-equity incentive plan.
Daniel Clara, Senior Vice President, Operations, earned $2.2M in 2021, a 14% increase compared to previous year.
Jed Milstein, Chief Human Resources Officer, received $1.9M in 2021, which decreases by 1% compared to 2020.
Patrick J. Guido, Chief Financial Officer, earned $1.8M in 2021, a 9% decrease compared to previous year.
Michael Welch, Chief Financial Officer, received $1.2M in 2021.
William F. Stax, Chief Accounting Officer, earned $572K in 2021, a 18% decrease compared to previous year.
Related executives
David Hult
Asbury Automotive Group
Chief Executive Officer
Michael Welch
Asbury Automotive Group
Chief Financial Officer
Daniel Clara
Asbury Automotive Group
Senior Vice President, Operations
George Villasana
Asbury Automotive Group
Chief Legal Officer
Jed Milstein
Asbury Automotive Group
Chief Human Resources Officer
William Stax
Asbury Automotive Group
Chief Accounting Officer
Patrick Guido
Asbury Automotive Group
Chief Financial Officer
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Source: SEC filing on March 14, 2022.