ASBURY AUTOMOTIVE GROUP INC (ABG)
Sector: Consumer Discretionary
Sector: Consumer Discretionary
ASBURY AUTOMOTIVE GROUP INC - Executive Compensation
Senior Vice President & Chief Financial Officer
Executive Compensation
Michael D. Welch serves as Senior Vice President and Chief Financial Officer of Asbury Automotive Group, Inc., one of the largest automotive retailers in the United States. With more than 25 years of experience in finance and accounting, primarily in the automotive sector, Welch has played a pivotal role in Asbury's growth and financial stability. He joined the company in 2013 as Vice President, Controller, advancing to Senior Vice President and Chief Accounting Officer in 2015 before assuming his current position in 2017. Prior to Asbury, Welch spent eight years at AutoNation, Inc., the country's largest automotive retailer, where he rose to Vice President of Financial Reporting, overseeing financial operations, SEC reporting, and compliance. Earlier in his career, he was a Senior Manager in the assurance and advisory services practice at PricewaterhouseCoopers LLP, honing his expertise in complex financial audits and regulatory matters. A Certified Public Accountant, Welch earned a Bachelor of Science in Accounting from Florida State University. As CFO, Welch directs Asbury's comprehensive financial strategy, including financial planning and analysis, treasury management, tax, accounting, risk management, and investor relations. His leadership has supported key initiatives such as strategic acquisitions, digital transformation efforts, and robust capital allocation, contributing to record revenues, enhanced profitability, and sustained shareholder value amid evolving industry dynamics.