In recognition of his 25-year contribution to eBay, the board awarded Mr. Omidyar the honorary title of Director Emeritus. Sonic is led by a Board of Directors, currently comprised of 11 members. Activist institutional investor California Public Employees' Retirement System is calling on fellow Sonic Automotive Inc. shareholders to throw chairman and founder Bruton Smith and six other . Sonic Automotive . The company's board is composed of: 4 independent directors. We have two operating segments, consisting of franchised dealerships that represent over 25 different new vehicle brands, and EchoPark Automotive, which offers a unique car buying experience in the 1-4 year-old pre-owned vehicle market. MICHAEL JONES. Related Hubs. Board of Directors Investor Relations Careers Contact Us Corporate Responsibility Sonic Guest Experience Our Culture and Values; Social Distancing Guidelines; . Which is why Sonic goes above and beyond to make your car buying experience as enjoyable as possible. The board of directors of Sonic Automotive announced a quarterly dividend of 10 cents per share. Gary S. Michel,Chair of the board. What started in 1997 as a small company with 20 stores representing 15 brands has grown into a Fortune 500 company with over 100 stores representing 20+ brands. For its 2021 fiscal year, SONIC AUTOMOTIVE INC -CL A, listed the following CEO pay ratio data on its annual proxy statement to the SEC. As a member of Board of Directors at SONIC AUTOMOTIVE INC -CL A, R. Eugene Taylor made $254,662 in total compensation. (h) 'Common Stock' means the Class A Common Stock of the Company, par value . Sonic Automotive is a Fortune 500 company and bills itself as one of the biggest auto retailers in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in . He is responsible for Asbury's overall strategy and resources. Story continues Instabase Selected by Sonic Automotive to Transform Invoice Processing; Caliber Gifts Reliable Transportation to Five Nashville-Area . Sonic registered fourth-quarter 2021 adjusted earnings per share of $2.66, which beat the Zacks Consensus Estimate of $1.83. Following the recent departure of a director, there are only 4 independent directors on the board. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to . . Prior to that, he spent 32 years at Ingersoll Rand, most recently as Senior Vice President and President of its residential heating, ventilation and air conditioning . The Franchised Dealerships segment is involved in . We believe in David's leadership, honesty and transparency, which he has demonstrated throughout his tenure as Chief Executive Officer and over 20 years of service to the Company. Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, N.C., is one of the nation's largest automotive retailers. Sonic Automotive Board of Director. JODI EDDY. Mr. Hodge has served various finance and accounting roles at Speedway Motorsports, LLC since 2006. Member of the Board of Directors for . Sonic Automotive Group Orange. Edit Overview Section. 6 non-independent directors. Sonic Automotive, Inc. operates as an automotive retailer in the United States. March 22, 2021 12:00 AM. "The Board of Directors of Sonic Automotive remains steadfast in its support of our CEO, David Smith," a Sonic Automotive company spokesperson said. October 14, 2020. Cookies are used to offer you a better browsing experience and to analyze our traffic. "Working with this elite group of policymakers, industry veterans, and energy experts on the board of directors, this organization is poised to contribute significantly to the clean energy transition." . Sonic's Board of Directors approved a quarterly cash . Sonic Automotive Management Efficiency Sonic Automotive has Return on Asset of 8.66 % which means that on every $100 spent on asset, it made $8.66 of profit. Mr. Sonic registered fourth-quarter 2021 adjusted earnings per share of $2.66, which beat the Zacks Consensus Estimate of $1.83. Michael Manley has served as our Chief Executive Officer and a member of our Board of Directors since November 2021. David Smith took over as CEO of Sonic in 2018 after his brother Scott stepped . . The Board of Directors of CommScope Holding Company, Inc. (the "Company") sets high standards for the Company's employees, officers and directors. In the months after Sonic Automotive Inc. CEO David Smith was arrested on assault charges, at least nine law firms said . This board member was paid total compensation US$236,174, including base salary (paid in cash) US$70,000, stock awards US$151,809 and all other compensation US$14,365. Tim Kelly Kelly Automotive Group Brevard. Peter H. Coors. David told the Sonic Automotive Board of Directors that he is innocent of these charges and expects to be fully exonerated. Mr. Brooks also served as Sonic's initial Chief Financial Officer, Treasurer, Vice President and Secretary from January 1997 to April 1997. About Sonic Automotive . Shannon . The dividend will be paid on Apr 15, 2019, to shareholders of record as of Mar 15, 2019. CHARLOTTE, N.C., February 16, 2022--Sonic Automotive Reports All-Time Record Fourth Quarter and Full Year Revenues and Earnings Per Share . WENDY CARRUTHERS. Edit Related Hubs Section. Sonic Automotive, Inc. Director Compensation Policy (Effective as of April 18, 2017)* Each non-employee director of Sonic Automotive, Inc. (the "Company") will receive the following compensation for such director's service on the Board of Directors: Mr.Smith is is the Founder of Sonic Automotive In. This board member is the initial Chief Financial Officer, Treasurer, Vice President and Secretary of Sonic Automotive. In the same way, it shows return on shareholders equity (ROE) of 34.82 %, implying that it generated $34.82 on every 100 dollars invested.Sonic Automotive management efficiency ratios could . "We believe in David's leadership, honesty . From 2008 to 2016, Mr Morrison was the Managing Director and Chief Executive of SkyCity Entertainment Group Limited, listed on both the Australian and New Zealand stock exchanges, which . This is considered to be average in the sector. The Compensation Committee of the Board of Directors shall constitute the Committee until otherwise determined by the Board of Directors. Director (retired): 1996 - 2020. He previously served as Chairman of the Board of Hertz Global Holdings, Inc., where he also chaired the audit committee and served on the financing committee and the nominating and governance committee, until June 2021; as a director and audit committee chair of WABCO Holdings Inc. until May 2020; as a director of MUFG Americas Holdings, Inc . ARTICLE 1. . Mr. O. Bruton Smith has served as Chairman, Chief Executive Officer and Director of Sonic Automotive Inc. since January 1997. (RTTNews) - Sonic Automotive, Inc. (SAH) has agreed to acquire RFJ Auto Partners, Inc. Based in Plano, Texas, RFJ Auto is one of the largest privately owned auto retail . Higher-than-expected gross profit from new and used vehicle segments . Mr Morrison has had an extensive career in the casino industry from 1993 to 2016. Sonic Automotive, Inc. Elects Members To The Board of Directors 19 December 1997 CHARLOTTE, N.C., Dec. 19 -- Sonic Automotive, Inc. , announces the election of two officers to the Board of Directors. Bobby Kisselback Kisselback Ford Osceola. | April 3, 2022. A corporate director does not make decisions for the corporation on his own. Stockholders wishing to communicate with our Board of Directors, or any of our independent directors, may do so by sending a written communication addressed to the respective director(s) in care of Sonic Automotive, Inc., 5401 East Independence Blvd., Charlotte, North Carolina 28212. Company Info Sonic Automotive Inc. Cl A 4401 Colwick Road Charlotte North Carolina 28211 United States Email Website Map Employees 10,200 Sector Specialty Retail Sales or Revenue 12.40 B Industry. Sonic Automotive, Inc. 4401 Colwick Road Charlotte, NC 2211 Investor Relations Danny Wieland (704) 927-3462 ir@sonicautomotive.com Media Relations (704) 927-3459 media.relations@sonicautomotive.com Transfer Agent American Stock Transfer & Trust Company 59 Maiden Lane New York, NY 10038 (800) 937-5449 Auditor KPMG LLP Suite 1000 Charlotte, NC 28202 Gender Male; R. Eugene Taylor has been a director of Sonic since February 2015. Senior Vice President and Chief Information and Digital Officer. "The Board of Directors of Sonic Automotive remains steadfast in its support of our CEO, David Smith. This Mercedes-Benz S-Class boasts a Twin Turbo Gas/Electric V-8 4.0 L/243 engine powering this Automatic transmission. Corporate Governance. Sonic can be reached on the web at www.sonicautomotive.com. Since December 1994, Mr. Brooks has been the Vice President, Treasurer, Chief Financial Officer and a director of SMI, The filing said the Sonic board's compensation committee approved the base salary increases, retroactively . BOARD CHAIR. September 26, 2018 by Talent4Boards Team. Mr. Omidyar founded eBay in September 1995 and served as a Board member from May 1996 until September 2020, and as Chairman of the Board from May 1996 to July 2015. Prior to his election as Executive Chairman, Mr. Smith had served as Chairman and Chief Executive Officer of the Company since its organization in January 1997. Sonic Automotive is a Fortune 500 company and bills itself as one of the biggest auto retailers in the United States. Of this total $103,750 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was received as options, $148,358 was awarded as stock . David also is the senior liaison to Asbury . Sonic Automotive gave its executive officers 20 percent raises, established parameters for cash bonuses for the four executives, and added a board member, according to a document filed with the Securities and Exchange Commission.. Two board members will not be seeking reelection. Mr. ARTHUR C. BUTCHER. The filing said the Sonic board's compensation committee approved the base salary increases, retroactively . Melissa Burden. Sonic Automotive corporate directors refer to members of a Sonic Automotive board of directors. CHARLOTTE, N.C., Sept. 26, 2018 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH ), one of the nation's largest automotive retailers, today announced that its board of directors has elected David. Mr. Michel has served as president and chief executive officer of JELD-WEN since June 2018 and chair of the JELD-WEN board since October 2021. The Annual Meeting of Stockholders of Sonic Automotive, Inc. ("Sonic") will be held on April 22, 2003 at 10:00 a.m., at the Speedway Club, located at the Lowe's Motor Speedway, Smith Tower, 600 Room, U.S. Highway 29 North, Concord, North Carolina (the "Annual Meeting"), for the purposes set forth in the accompanying notice. This board member is the initial Chief Financial Officer, Treasurer, Vice President and Secretary of Sonic Automotive. It operates in two segments, Franchised Dealerships and EchoPark. Board of Directors Investor Relations Careers Contact Us Corporate Responsibility Sonic Guest Experience Our Culture and Values; Social Distancing Guidelines; . Mr. Taylor has served as Chairman and Chief Executive Officer of Capital Bank Financial Corp. ("CBFC"), a bank holding company, since co-founding CBFC in 2009. . Incorporated in 1997, Sonic Automotive, Inc. is one of the largest auto motive retailers in the United States. O. Bruton Smith is the Founder of Sonic and has served as its Executive Chairman since July 2015. - USA, NC - Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today announced that its board of directors has elected David Bruton Smith as Chief Executive Officer of the Company and Jeff Dyke as President of the Company, both effective . SONIC AUTOMOTIVE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Sonic Automotive, Inc. - SAH Sonic Automotive Inc. has named two new members to its board of directors, including the company president, as the nation's fifth-largest dealership group increases its board size from eight . A judge set the multi-millionaire David's bonds at $10,000 secured each for the charges of assault by strangulation, false imprisonment and assault on a female totaling $30,000. Contact Info: Sonic Automotive 4401 Colwick Road Directions Charlotte, NC 28211: (704)-566-2400; Accessibility Statement The FADA Board of Directors is comprised of new, franchised dealership owners who invest their time, resources and expertise to further the legislative, regulatory and grassroots activities of FADA and our members. About Sonic Automotive. CB Rank (Person) 327,770 327,770 Less than half of directors are independent. Exhibit 10.39 . Michael Hodge has been a director of Sonic since February 2022. He currently serves on the Board of Sonic Automotive, Inc (NYSE:SAH) as well as several private companies. Sep 22, 2021 7:10AM EDT. Executive Vice President and Group President, Cardiology. Mr. Smith: CEO was arrested Oct. 5. Sonic Automotive (NYSE: SAH) is a Fortune 500 company, a member of the Russell 2000 Index, and among the largest automotive retailers in the United States. (RTTNews) - Sonic Automotive, Inc. (SAH) reported Wednesday that its fourth-quarter net income rose to $57.34 million or $1.30 per share from $46.31 million or $1.04 per share in the year-ago . Board of Directors in SONIC AUTOMOTIVE INC -CL A For its 2021 fiscal year, SONIC AUTOMOTIVE INC -CL A, listed the following board members on its annual proxy statement to the SEC. President & Chief Executive Officer. Mr. Coors retired as an employee of Molson Coors effective December 31, 2019. Sonic Automotive, Inc. (NYSE:SAH) to explore strategic alternatives for EchoPark NC, LLC business - Sonic said, "As a result of the success of the EchoPark strategy and our confidence in our runway for continued expansion, Sonic's Board of Directors, working together with financial and legal advisors, has initiated a review process to evaluate potential strategic alternatives for its EchoPark . David Smith took over as CEO of Sonic in 2018 after his brother Scott stepped . He retired from the Fair Isaac Corporation (NYSE:FIC) in 2002, where he was Executive Vice President and a member of the Board of Directors. Independent Director Keri Kaiser was the last independent director to join the board, commencing their role in 2020. Sonic Automotive Inc. has announced the hiring of two heavy hitters as executives for its EchoPark Automotive subsidiary as the Sonic board considers Echopark's possible spinoff as an . The board of directors for publicly traded auto dealership group Sonic Automotive announced a strategic review for its EchoPark used-car network, to explore "potential strategic alternatives" for. Prior to joining AutoNation, Mr. Manley served as Head of Americas and as a member of the Group Executive Council for Stellantis N.V., one of the largest automotive original equipment manufacturers in the world, from January 2021 until October 2021. He served as our Chief Customer Relations Officer from October 2016 to December 2019 and served as chairman of the Board of Directors of MillerCoors from July 2008 until we acquired full ownership of MillerCoors in 2016. Sonic Automotive Appoints Keri Kaiser to Board of Directors. Sonic Automotive gave its executive officers 20 percent raises, established parameters for cash bonuses for the four executives, and added a board member, according to a document filed with the Securities and Exchange Commission.. Two board members will not be seeking reelection. Sonic's Board of Directors approved a 20% increase to the Company's quarterly cash dividend, to $0.12 per share, payable on July 15, 2021 to all stockholders of record on June 15, 2021 . David has informed the Board that he is innocent of these . This board member was paid total compensation US$236,174, including base salary (paid in cash) US$70,000, stock awards US$151,809 and all other compensation US$14,365. By. Contact Info: Sonic Automotive 4401 Colwick Road Directions Charlotte, NC 28211: (704)-566-2400; Accessibility Statement The board of directors of Sonic Automotive announced 67% rise in the quarterly dividend to 10 cents per share. Implicit in this philosophy is the importance of sound corporate governance. ("Sonic Automotive" or the "Company") (NYSE:SAH), one of the largest retailers of new and pre-owned vehicles in the United States, today announced it has appointed Keri Kaiser, Chief Marketing Officer and Chief Experience Officer of Children's Health System of Texas (Children's Health℠), to join its Board of Directors. In 1989 Mr. Heller joined VISA International and served as President and CEO of VISA USA. Mr. David W. Hult serves as President, Chief Executive Officer, and member of the board of directors. JOSEPH M. FITZGERALD. Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is one of the nation's largest automotive . Mr. Hodge has served as Executive Vice President, Chief Accounting Officer and Assistant Treasurer of Speedway Motorsports, LLC and various subsidiaries since 2020. Executive Vice President and Group President, MedSurg and Asia Pacific. As a member of the board of directors, she or . Mr. Hult joined Asbury as Executive Vice President and Chief Operating Officer in November 2014. Sonic Automotive, Inc. has established this Sonic Automotive, Inc. 2012 Stock Incentive Plan to. He is currently Director and Executive Officerof many Subsidiaries of the company. The realignment became effective immediately upon approval by Sonic Automotive, Inc.'s board of directors. William R. Brooks has been a director of Sonic since its organization in January 1997. Only holders of . SAH - key executives, insider trading, ownership, revenue and average growth rates. This Mercedes-Benz S-Class Comes Equipped with These Options. Wireless Smartphone Integration -inc: Apple CarPlay and Android Auto, Wireless Phone Connectivity, Wheels: 19" x 8.5J 10-Twin Multispoke. Mr. Rewey previously retired from Ford Motor Company in April 2001 holding the position of Group Vice . Porsche, Kia, Hyundai, Buick, Acura, INFINITI, Ford, BMW, Genesis, Audi, Maserati, Jeep, Lexus, Volkswagen, Ram, Dodge, MINI, Mercedes-Benz, Honda, CADILLAC, Chrysler, Chevrolet, Subaru, Toyota, Nissan, Alfa Romeo, GMC, Land Rover, Volvo, Jaguar Digital Showroom | Sonic Automotive Shop By Brand Your privacy is important to us. GENERAL . The members are nominated by shareholders or the Nominating and Corporate Governance Committee, which is responsible for identifying and making recommendations to the Board of qualified nominees for election as directors of the Company. Mr. Smith has also served as a director of Sonic since its organization in January 1997. Mr. Rewey, 76, served on the Sonic Automotive, Inc. Board of Directors since December 2001. Executive Vice President, Human Resources. The board of directors generally takes responsibility for the Sonic Automotive's affairs and long-term direction of the entity. Detailed company description & address for Sonic Automotive Inc. Cl A. Introduction . Stockhouse.com use cookies on this site. Sonic Automotive Appoints Keri Kaiser to Board of Directors Contacts Investor Inquiries: Heath Byrd, Executive Vice President and Chief Financial Officer (704) 566-2400 Danny Wieland, Investor . The dividend will be paid on Oct 15, 2019, to shareholders of record as of Sep 13. Mr. Smith has worked in the retail automobile industry since 1966. Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Sonic Automotive, Inc. (NYSE: SAH) on behalf of long-term stockholders. Hub . March 19, 2003 . Number of Current Board & Advisor Roles 1. Our investigation concerns whether the board of directors of Sonic have breached their fiduciary duties to the company. Buying a car is one of the most exciting things you can do. Nigel Morrison was appointed to the Crown Resorts Board on 31 March 2021. Sonic Automotive, Inc. operates as an automotive retailer in the United States. Higher-than-expected gross profit from new and used vehicle segments . By continuing to use our service, you agree to our use of cookies.
