Asbury Appoints New CFO
Certified public accountant Sean D. Goodman was appointed senior vice president and CFO of the group. He previously served as vice president, chief accounting officer and CFO for Unifi Inc., a textile solutions manufacturer and distributor listed on the New York Stock Exchange.
DULUTH, Ga. — Asbury Automotive Group Inc. today announced that Sean D. Goodman will join the dealer group as its senior vice president and CFO, effective July 5.
Goodman, who is a certified public accountant, joins the company from Unifi Inc., which he served as vice president, chief accounting officer and CFO for the New York Stock Exchange-listed multinational manufacturer and distributor of textile solutions.
"Sean brings a wealth of financial knowledge with a proven track record to his new position. He will be responsible for providing leadership to the finance and accounting functions while also continuing the development of our shared services initiatives," said President and CEO Craig Monaghan. "I am thrilled about Sean joining our team and am certain that his contributions will lead to further success for our organization."
Prior to joining Unifi in January 2016, Goodman served as senior vice president and CFO of the Americas region for Toshiba Corp. from April 2011 to January 2016. He also served in various roles at The Home Depot, Inc. from February 2006 to April 2011, including director of strategic business development and director of finance. Before joining Home Depot, he held various capital markets, finance, strategy accounting and treasury positions with Morgan Stanley Inc. in London, England, and Deloitte & Touche LLP in New York.
More Auto Finance
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →