Short answer
ASBURY AUTOMOTIVE GROUP INC (ABG) filed an 8-K current report with the SEC on August 31, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Jed Milstein’s employment ended, with consulting support continuing through December 2026.
ASBURY AUTOMOTIVE GROUP INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Jed Milstein’s employment ended, with consulting support continuing through December 2026
- Monthly consulting fee of $27,083.33, in addition to severance payments
- Agreement targets an orderly leadership transition, limiting near-term operational disruption
- Exhibit 10.1 contains the complete consulting agreement terms
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