Asia tech stocks slide tracking Wall St losses amid AI doubts, govt. uncertainty
HOUSTON - Group 1 Automotive, Inc. (NYSE:GPI), a $5.4 billion market cap automotive retailer with robust annual revenues of $22 billion, appointed Melkeya McDuffie as Senior Vice President and Chief Human Resources Officer, effective Monday, according to a company press release.
McDuffie joins the Fortune 250 automotive retailer after serving as Chief People Officer at Bright Horizons since 2023, where she oversaw human resources for 30,000 employees across five countries. She previously held the position of Executive Vice President and Chief Human Resources Officer at Clean Harbors. According to InvestingPro analysis, Group 1 maintains a strong financial health rating and trades near its Fair Value, with additional insights available in the comprehensive Pro Research Report.
With over 20 years of executive HR leadership experience across multiple industries, McDuffie has worked at organizations including The Wallace Foundation, Waste Management, Wells Fargo Mortgage, HSBC Finance Corporation, and Quest Diagnostics.
"Melkeya shares our vision that developing a strong, people-first culture is the key to building an agile organization that delivers on its business objectives across geographies," said Group 1 President and CEO Daryl Kenningham.
McDuffie holds a B.A. in Business and M.B.A. from York St. John University in England, and has completed executive programs at Harvard Business School, University of Chicago Booth School of Business, and Cornell University.
She currently serves on the advisory board of Dress for Success Houston and as a Director of Trex Company, where she participates on both the Audit and Compensation Committees.
Group 1 Automotive operates 259 dealerships with 324 franchises and 39 collision centers in the United States and United Kingdom, representing 36 automotive brands. The company has demonstrated impressive performance with 19.75% revenue growth over the last twelve months and maintains a competitive P/E ratio of 11.85, establishing itself as a prominent player in the Specialty Retail industry. InvestingPro subscribers can access detailed financial metrics and eight additional ProTips about Group 1’s market position and growth potential.
In other recent news, Group 1 Automotive, Inc. reported robust financial results for the second quarter of 2025, exceeding analyst forecasts. The company achieved an earnings per share (EPS) of $11.52, surpassing the expected $10.47. Additionally, Group 1 Automotive recorded a revenue of $5.7 billion, which was higher than the anticipated $5.62 billion. These results indicate a strong performance for the quarter. Despite the positive financial outcomes, the stock experienced a slight decline in pre-market trading. These developments highlight the company’s ability to outperform market expectations in its recent earnings report.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.