On January 11, 2016, Bernard C. Byrd, Jr. notified Sonic Automotive Inc. of his resignation, effective that day, from the Company's board of directors and from his positions as Chair of the Compensation Committee of the Board and as a member of the Compensation Committee and the Nominating and Corporate Governance Committee of the Board. Mr. Byrd's resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Following his resignation, Mr. Byrd accepted an offer of employment to join the Company in an operations role, with Mr. Byrd's employment to be effective January 11, 2016.

Effective January 13, 2016, R. Eugene Taylor, a current director of the Company, Vice Chair of the Compensation Committee and a member of the N&CG Committee, was designated as Chair of the Compensation Committee.