Asbury Automotive Inc. said Tuesday that Keith Style will become the company’s CFO, effective Jan. 1.<br /><br />Style, 40, now Asbury’s vice president of finance, will replace CFO Scott Krenz, who is retiring.<br /><br />Style joined Asbury in October 2003. He has been vice president of finance since November 2008. Previously, Style was Asbury’s vice president of investor relations, its director of budgeting & forecasting and assistant controller.<br /><br />Krenz joined the company as CFO in June 2011. Prior to joining Asbury, he was CFO of Heidrick & Struggles, a leadership advisory firm.<br /><br />Asbury ranks No. 7 on the Automotive News list of the top 125 U.S. dealership groups with retail sales of 77,712 new vehicles in 2012. Asbury operates 79 retail stores across the United States.<br /><br />In October, Asbury posted a 10 percent increase in its third-quarter net income on a 17 percent rise in revenue, as used-car operations drove revenue and profits.