Craig T. Monaghan is known for his deep involvement in the automotive industry, having served as the President and CEO of Asbury Automotive Group from 2011 until 2017. Before that, he held key positions as Senior Vice President and CFO,...
Craig T. Monaghan is known for his deep involvement in the automotive industry, having served as the President and CEO of Asbury Automotive Group from 2011 until 2017. Before that, he held key positions as Senior Vice President and CFO, proving his financial expertise. Monaghan’s background includes leading roles at AutoNation, the largest automotive retailer in the U.S., and understanding the retail landscape from his short tenure at Sears Holdings. His academic foundation is a bachelor's degree, which he utilized to navigate complex financial waters throughout his career. Notably, Monaghan played a crucial role in steering Asbury through economic challenges, ensuring operational excellence while aligning executive rewards with company performance. During his peak year in 2017, his total compensation was around $4.9 million, driven by performance-based bonuses tied to significant financial metrics, demonstrating a results-oriented mindset. After stepping down, he transitioned to roles like Vice Chairman of the Board, showcasing ongoing dedication to the company’s success even post-retirement. Monaghan's career reflects a blend of financial insight and strategic leadership in a challenging industry, marking him as a significant figure in automotive retail.